Verfügbarkeit: Union Behavior, Industry Rents, and Optimal Policies

Union Behavior, Industry Rents, and Optimal Policies:

This paper examines the supposed welfare gains from strategic trade and industrial policies in the U.S. steel industry. Strategic policies to capture labor rents lead to an endogenous response which greatly diminishes their importance. On the other hand, reducing domestic labor market distortions re...

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1. Verfasser:	Swagel, Phillip (VerfasserIn)
Format:	Elektronisch E-Book
Sprache:	English
Veröffentlicht:	Washington, D.C International Monetary Fund 1996
Schriftenreihe:	IMF Working Papers Working Paper No. 96/143
Online-Zugang:	UBW01 UEI01 LCO01 SBR01 UER01 SBG01 UBG01 FAN01 UBT01 FKE01 UBY01 UBA01 FLA01 UBM01 UPA01 UBR01 FHA01 FNU01 BSB01 TUM01 Volltext
Zusammenfassung:	This paper examines the supposed welfare gains from strategic trade and industrial policies in the U.S. steel industry. Strategic policies to capture labor rents lead to an endogenous response which greatly diminishes their importance. On the other hand, reducing domestic labor market distortions results in welfare gains nearly as large as those from optimal trade and industrial policies. The paper concludes that the focus on labor rents as the subject of U.S. trade and industrial policy is overstated, at least in manufacturing industries such as integrated steel
Beschreibung:	1 Online-Ressource (31 p)
ISBN:	1451856296 9781451856293

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spelling	Swagel, Phillip Verfasser aut Union Behavior, Industry Rents, and Optimal Policies Swagel, Phillip Washington, D.C International Monetary Fund 1996 1 Online-Ressource (31 p) txt rdacontent c rdamedia cr rdacarrier IMF Working Papers Working Paper No. 96/143 This paper examines the supposed welfare gains from strategic trade and industrial policies in the U.S. steel industry. Strategic policies to capture labor rents lead to an endogenous response which greatly diminishes their importance. On the other hand, reducing domestic labor market distortions results in welfare gains nearly as large as those from optimal trade and industrial policies. The paper concludes that the focus on labor rents as the subject of U.S. trade and industrial policy is overstated, at least in manufacturing industries such as integrated steel Online-Ausg http://elibrary.imf.org/view/IMF001/07658-9781451856293/07658-9781451856293/07658-9781451856293.xml Verlag URL des Erstveröffentlichers Volltext
spellingShingle	Swagel, Phillip Union Behavior, Industry Rents, and Optimal Policies
title	Union Behavior, Industry Rents, and Optimal Policies
title_auth	Union Behavior, Industry Rents, and Optimal Policies
title_exact_search	Union Behavior, Industry Rents, and Optimal Policies
title_exact_search_txtP	Union Behavior, Industry Rents, and Optimal Policies
title_full	Union Behavior, Industry Rents, and Optimal Policies Swagel, Phillip
title_fullStr	Union Behavior, Industry Rents, and Optimal Policies Swagel, Phillip
title_full_unstemmed	Union Behavior, Industry Rents, and Optimal Policies Swagel, Phillip
title_short	Union Behavior, Industry Rents, and Optimal Policies
title_sort	union behavior industry rents and optimal policies
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