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Changes in Union Status, Increased Competition and Wage Growth in the 1980s
Author(s) -
Gregg Paul,
Machin Stephen
Publication year - 1991
Publication title -
british journal of industrial relations
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 1.665
H-Index - 70
eISSN - 1467-8543
pISSN - 0007-1080
DOI - 10.1111/j.1467-8543.1991.tb00374.x
Subject(s) - competition (biology) , wage , legislation , product market , economics , labour economics , product (mathematics) , wage growth , demographic economics , market economy , political science , biology , ecology , geometry , mathematics , law , incentive
Abstract This paper reports that unionized firms experienced lower average wage growth than their non‐union counterparts between 1984 and 1988. We attempt to evaluate the relative importance of two possible explanatory factors, the union‐related legislation of the 1980s, and increases in product market competition. While recognizing that these factors are intertwined, the results suggest the latter is of primary importance.