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dc.contributor.authorPalokangas, Tapioen_US
dc.date.accessioned2009-01-28T16:14:28Z-
dc.date.available2009-01-28T16:14:28Z-
dc.date.issued2003en_US
dc.identifier.urihttp://hdl.handle.net/10419/20486-
dc.description.abstractWe 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.en_US
dc.language.isoengen_US
dc.publisheren_US
dc.relation.ispartofseriesIZA Discussion paper series 720en_US
dc.subject.jelJ50en_US
dc.subject.jelO40en_US
dc.subject.ddc330en_US
dc.subject.keywordendogenous growthen_US
dc.subject.keywordlabour unionsen_US
dc.subject.keywordregulationen_US
dc.subject.stwNeue Wachstumstheorieen_US
dc.subject.stwLohnverhandlungstheorieen_US
dc.subject.stwGewerkschaftlicher Organisationsgraden_US
dc.subject.stwArbeitsrechten_US
dc.subject.stwIndustrielle Forschungen_US
dc.subject.stwProduktivitäten_US
dc.subject.stwTheorieen_US
dc.titleLabour Market Regulation, Productivity-Improving R&D and Endogenous Growthen_US
dc.typeWorking Paperen_US
dc.identifier.ppn360941788en_US
dc.rightshttp://www.econstor.eu/dspace/Nutzungsbedingungen-
Appears in Collections:IZA Discussion Papers, Forschungsinstitut zur Zukunft der Arbeit (IZA)

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