National Innovation Council for
Santiago 8320215 CHILE
Institutional Affiliations: National Innovation Council for Development (CNID) and UNU-MERIT
NBER Working Papers and Publications
|July 2015||Micro-Evidence on Product and Labor Market Regime Differences between Chile and France|
with Sabien Dobbelaere, Jacques Mairesse: w21416
Institutions, social norms and the nature of industrial relations vary greatly between Latin American and Western European countries. Such institutional and organizational differences might shape firms operational environment in general and the type of competition in product and labor markets in particular. Contributing to the literature on estimating simultaneously product and labor market imperfections, this paper quantifies industry differences in both types of imperfections using firm-level data in Chile, a non-OECD member under the considered time period, and France. We rely on two extensions of Hall’s econometric framework for estimating price-cost margins by nesting three labor market settings (perfect competition or right-to-manage bargaining, efficient bargaining and monopsony). U...
Published: Jozef Konings, François Rycx and Vincent & Sabien Dobbelaere & Rodolfo Lauterbach & Jacques Mairesse, 2016. "Micro-evidence on product and labor market regime differences between Chile and France," International Journal of Manpower, vol 37(2), pages 229-252. citation courtesy of