IDEAS home Printed from https://ideas.repec.org/a/adr/anecst/y1995i37-38p293-317.html
   My bibliography  Save this article

An Imperfectly Competitive Open Economy with Sequential Bargaining in the Labour Market

Author

Listed:
  • Huw David Dixon
  • Michele Santoni

Abstract

We consider a three sector small open economy with a monopolistic non traded sector, a competitive traded good sector, and a capital good sector. In both the consumer good sector, there are enterprise unions that bargain sequentially over wages and employment as in Manning [1987]. This approach encompasses the standard monopoly union, right-to-manage and efficient bargain bargaining models. We consider first the effects of bargaining strengths at each stage on overall macroeconomic equilibrium. Here we find strong general equilibrium spillover effects: bargaining strength in one sector affecting the other sectors. Second, we consider the influence of the bargaining process on the welfare analysis of fiscal policy.

Suggested Citation

  • Huw David Dixon & Michele Santoni, 1995. "An Imperfectly Competitive Open Economy with Sequential Bargaining in the Labour Market," Annals of Economics and Statistics, GENES, issue 37-38, pages 293-317.
    • Handle: RePEc:adr:anecst:y:1995:i:37-38:p:293-317
    as

    Download full text from publisher

    File URL: http://www.jstor.org/stable/20075990
    Download Restriction: no
    ---><---

    Other versions of this item:

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. José M. Martín-Moreno, 1999. "Consumo público e inflación dual," Investigaciones Economicas, Fundación SEPI, vol. 23(2), pages 173-202, May.
    2. Luís F. Costa, "undated". "Product Differentiation, Fiscal Policy, and Free Entry," Discussion Papers 98/20, Department of Economics, University of York.

    More about this item

    JEL classification:

    • E6 - Macroeconomics and Monetary Economics - - Macroeconomic Policy, Macroeconomic Aspects of Public Finance, and General Outlook
    • F4 - International Economics - - Macroeconomic Aspects of International Trade and Finance
    • J5 - Labor and Demographic Economics - - Labor-Management Relations, Trade Unions, and Collective Bargaining

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:adr:anecst:y:1995:i:37-38:p:293-317. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Secretariat General or Laurent Linnemer (email available below). General contact details of provider: https://edirc.repec.org/data/ensaefr.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.