Working Paper
Unionization and Cost of Production: Compensation, Productivity, and Factor-Use Effects
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).
Suggested Citation
Eberts, Randall, and Joe Stone. 1987. “Unionization and Cost of Production: Compensation, Productivity, and Factor-Use Effects.” Federal Reserve Bank of Cleveland, Working Paper No. 87-01.
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