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来源类型 | Discussion paper |
规范类型 | 论文 |
来源ID | DP1892 |
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 |
URL | https://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. |
条目包含的文件 | 条目无相关文件。 |
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