Unions And Economic Performance In Developing Countries: Case Studies From Latin America
This paper analyzes the economic impact of unions on productivity in the manufacturing sector across six Latin American countries: Argentina, Bolivia, Chile, Mexico, Uruguay, and Panama. Using an augmented Cobb-Douglas production function, the paper finds that unions have positive, but mostly small,...
- Autores:
-
Rios-Avila, Fernando
- Tipo de recurso:
- Fecha de publicación:
- 2017
- Institución:
- Universidad EAFIT
- Repositorio:
- Repositorio EAFIT
- Idioma:
- eng
- OAI Identifier:
- oai:repository.eafit.edu.co:10784/13112
- Acceso en línea:
- http://hdl.handle.net/10784/13112
- Palabra clave:
- J50
L1
O54
Unions
Productivity
Profitability
Investment
Latin America
Developing Countries
Sindicatos
Productividad
América latina
Países en desarrollo
- Rights
- License
- Copyright (c) 2017 Fernando Rios-Avila
| Summary: | This paper analyzes the economic impact of unions on productivity in the manufacturing sector across six Latin American countries: Argentina, Bolivia, Chile, Mexico, Uruguay, and Panama. Using an augmented Cobb-Douglas production function, the paper finds that unions have positive, but mostly small, effects on productivity, with the exception of Argentina, with a large negative effect, and Bolivia, with no effect. An analysis on profitability shows that, in most cases, the positive productivity effects barely offset higher union compensation, and that unions are negatively related to investment in capital and R & D. Different explanations for these effects are discussed. |
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