G2TT
来源类型Discussion paper
规范类型论文
来源IDDP1892
DP1892 Does the Term Structure Predict Recessions? The International Evidence
Henri J Bernard; Stefan Gerlach
发表日期1998-05-31
出版年1998
语种英语
摘要The purpose of this paper is to analyse the interaction between union bargaining power and the likelihood and type of European antidumping measures (duties and undertakings) in imperfectly competitive product markets. We present a simple theoretical model which is well embedded in EU legal practice, to show that cost asymmetries, induced by union wage bargaining in a European firm, lead to an increase in both the likelihood and the level of antidumping protection against foreign imports of a similar product. In addition, our results indicate that a cost asymmetry, in the form of a unionized wage differential, alters the relative probability of a duty versus an undertaking. We show that the size of these effects depends on the intensity of product market competition. In a further step, we use Belgian firm level micro-data to provide some evidence for our predictions.
主题International Trade and Regional Economics
关键词Cost asymmetry European antidumping policy Labour unions Nash bargaining Product market competition
URLhttps://cepr.org/publications/dp1892
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/531029
推荐引用方式
GB/T 7714
Henri J Bernard,Stefan Gerlach. DP1892 Does the Term Structure Predict Recessions? The International Evidence. 1998.
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