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Working Paper

Unionization and Cost of Production: Compensation, Productivity, and Factor-Use Effects

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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).
01.01.1987ISSN 2573-7953 WP 87-01

Working Papers of the Federal Reserve Bank of Cleveland are preliminary materials circulated to stimulate discussion and critical comment on research in progress. They may not have been subject to the formal editorial review accorded official Federal Reserve Bank of Cleveland publications. The views expressed in this paper are those of the authors and do not represent the views of the Federal Reserve Bank of Cleveland or the Federal Reserve System.

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.