| 来源类型 | Discussion paper |
| 规范类型 | 论文 |
| 来源ID | DP1895 |
| DP1895 The Long-Run Educational Cost of World War II: An Example of Local Average Treatment Effect Estimation | |
| Andrea Ichino; Rudolf Winter-Ebmer | |
| 发表日期 | 1998-06-30 |
| 出版年 | 1998 |
| 语种 | 英语 |
| 摘要 | In this paper, we specify and estimate a structural model, which links product market competition and union power. The model has a two-stage setting, in which wages are determined through bargaining between management and unions in the first stage, with a price-setting market game to follow in the second stage. Using data for eight European airlines from 1976?94, we provide evidence on price-cost margins and the measurement of market power in a model of rent sharing. In particular, we find that rent sharing reduces firms? profits more than it does consumers? surplus. As a consequence the static impact of unions is more on equity rather than efficiency. |
| 主题 | Industrial Organization |
| 关键词 | Airline industry Efficiency market power Rent sharing Union power |
| URL | https://cepr.org/publications/dp1895 |
| 来源智库 | Centre for Economic Policy Research (United Kingdom) |
| 资源类型 | 智库出版物 |
| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/531036 |
| 推荐引用方式 GB/T 7714 | Andrea Ichino,Rudolf Winter-Ebmer. DP1895 The Long-Run Educational Cost of World War II: An Example of Local Average Treatment Effect Estimation. 1998. |
| 条目包含的文件 | 条目无相关文件。 | |||||
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