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Unions and profits : a meta-regression analysis

Doucouliagos, Chris and Laroche, Patrice 2009, Unions and profits : a meta-regression analysis, Industrial relations : a journal of economy and society, vol. 48, no. 1, pp. 146-184.

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Title Unions and profits : a meta-regression analysis
Author(s) Doucouliagos, Chris
Laroche, Patrice
Journal name Industrial relations : a journal of economy and society
Volume number 48
Issue number 1
Start page 146
End page 184
Publisher Blackwell
Place of publication Malden, Ma.
Publication date 2009-01
ISSN 0019-8676
1468-232X
Summary The effect of unions on profits continues to be an unresolved theoretical and empirical issue. In this paper, clustered data analysis and hierarchical linear meta-regression models are applied to the population of forty-five econometric studies that report 532 estimates of the direct effect of unions on profits. Unions have a significant negative effect on profits in the United States, and this effect is larger when market-based measures of profits are used. Separate meta-regression analyses are used to identify the effects of market power and long-lived assets on profits, as well as the sources of union-profit effects. The accumulated evidence rejects market power as a source of union-profit effects. While the case is not yet proven, there is some evidence in support of the appropriation of quasi-rent hypothesis. There is a clear need for further American and non-American primary research in this area.
Language eng
Field of Research 140211 Labour Economics
Socio Economic Objective 910208 Micro Labour Market Issues
HERDC Research category C1 Refereed article in a scholarly journal
ERA Research output type C Journal article
HERDC collection year 2009
Copyright notice ©2009, Regents of the University of California
Persistent URL http://hdl.handle.net/10536/DRO/DU:30018452

Document type: Journal Article
Collections: Faculty of Business and Law
School of Accounting, Economics and Finance
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Created: Thu, 27 Aug 2009, 16:05:29 EST by Katrina Fleming