Working Paper

Unionization and cost of production: compensation, productivity, and factor-use effects

Abstract: A demonstration that unionization can affect cost of production through increases in compensation, through shifts in technologies, and through deviations from the least-cost combination of inputs (the factor-use effect).

Keywords: Labor productivity; Wages; Labor unions;

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Bibliographic Information

Provider: Federal Reserve Bank of Cleveland

Part of Series: Working Papers (Old Series)

Publication Date: 1987

Number: 8701