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Labour Market Regulation, Productivity-Improving R&D and Endogenous Growth

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dc.creator Palokangas, Tapio
dc.date 2003
dc.date.accessioned 2013-10-16T07:10:45Z
dc.date.available 2013-10-16T07:10:45Z
dc.date.issued 2013-10-16
dc.identifier http://hdl.handle.net/10419/20486
dc.identifier ppn:360941788
dc.identifier.uri http://koha.mediu.edu.my:8181/xmlui/handle/10419/20486
dc.description We present a growth model in which R&D increases productivity, union-firm bargaining determines the distribution of rents and the government can support unions by labour market regulation. We show that if unions are initially very strong, regulation increases only the workers? profit share and has no impact on employment and growth. Otherwise, regulation increases wages. Because firms try to escape this cost increase through the improvement of productivity by R&D, the economy grows faster. Regulation (deregulation) is desirable when the growth rate is below (above) some critical level.
dc.language eng
dc.publisher
dc.relation IZA Discussion paper series 720
dc.rights http://www.econstor.eu/dspace/Nutzungsbedingungen
dc.subject J50
dc.subject O40
dc.subject ddc:330
dc.subject endogenous growth
dc.subject labour unions
dc.subject regulation
dc.subject Neue Wachstumstheorie
dc.subject Lohnverhandlungstheorie
dc.subject Gewerkschaftlicher Organisationsgrad
dc.subject Arbeitsrecht
dc.subject Industrielle Forschung
dc.subject Produktivität
dc.subject Theorie
dc.title Labour Market Regulation, Productivity-Improving R&D and Endogenous Growth
dc.type doc-type:workingPaper


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