Changes in Union Status, Increased Competition and Wage Growth in the 1980s |
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Authors: | Paul Gregg and Stephen Machin |
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Institution: | National Institute of Economic and Social Research.;Department of Economics, University College London. |
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Abstract: | This paper reports that unionized firms experienced lower average wage growth than their non-union counterparts between 1984 and 1988. We attempt to evaluate the relative importance of two possible explanatory factors, the union-related legislation of the 1980s, and increases in product market competition. While recognizing that these factors are intertwined, the results suggest the latter is of primary importance. |
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