This analysis characterizes empirically how good labour relations can alleviate the negative impact on productivity of regulatory constraints or workforce opposition. Our evidence of good labour relations lies in the existence of binding collective agreements, at the firm or at the industry...

[eng] The growth in studies on business data has revealed the wide differences in productivity between firms, sometimes even within narrowly defined activity sectors. The least productive firms therefore have ample margin for catching up. Their convergence towards the level of the most...