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dc.contributor.authorPalokangas, Tapioen
dc.date.accessioned2009-01-28T16:14:28Z-
dc.date.available2009-01-28T16:14:28Z-
dc.date.issued2003-
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 whenthe growth rate is below (above) some critical level.en
dc.language.isoengen
dc.publisher|aInstitute for the Study of Labor (IZA) |cBonnen
dc.relation.ispartofseries|aIZA Discussion Papers |x720en
dc.subject.jelJ50en
dc.subject.jelO40en
dc.subject.ddc330en
dc.subject.keywordendogenous growthen
dc.subject.keywordlabour unionsen
dc.subject.keywordregulationen
dc.subject.stwNeue Wachstumstheorieen
dc.subject.stwLohnverhandlungstheorieen
dc.subject.stwGewerkschaftlicher Organisationsgraden
dc.subject.stwArbeitsrechten
dc.subject.stwIndustrielle Forschungen
dc.subject.stwProduktivitäten
dc.subject.stwTheorieen
dc.titleLabour Market Regulation, Productivity-Improving R&D and Endogenous Growth-
dc.typeWorking Paperen
dc.identifier.ppn360941788en
dc.rightshttp://www.econstor.eu/dspace/Nutzungsbedingungenen

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