We estimate the effects of works councils on productivity, 1997 - 2000, using the IAB Establishment Panel, a nationally representative German data set. We recoup the works council effect by estimating translog production functions, stochastic frontier production functions, and a model in first...

Using a large panel data set we investigate whether works councils act as a sand or grease in the operation of German firms. Stochastic production frontier analysis indicates that establishments with and without a works council do not exhibit significant differences in efficiency

18 Studies, die sich auf Daten aus 20 hochentwickelten, sich entwickelnden und weniger entwickelten Ländern stützen, zeigen, dass die Durchschnittslöhne in exportierenden Firmen höher liegen als in nichtexportierenden Firmen aus gleichen Branche und Region. Die Existenz dieser Lohnzuschläge...

Theory suggests that firms confront a hold-up problem in dealing with workplace unionism: unions will appropriate a portion of the quasi rents stemming from long-lived capital. As a result, firms may be expected to limit their exposure to rent seeking by reducing investments, among other things....