Evidence of efficiency wage payments in UK firm level panel data

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dc.contributor.author Konings, Jozef
dc.contributor.author Walsh, Patrick P.
dc.date.accessioned 2009-04-02T15:53:16Z
dc.date.available 2009-04-02T15:53:16Z
dc.date.copyright Royal Economic Society I994 en
dc.date.issued 1994-05
dc.identifier.citation Economic Journal en
dc.identifier.issn 0013-0133
dc.identifier.uri http://hdl.handle.net/10197/999
dc.description.abstract We explicitly model the vertical spillovers that result from imperfections in both labour and product markets. We model the vertical spillovers from wage determination in an upstream labour market to market share performance in a downstream product market and vice versa. Rent sharing due to efficiency wages is shown to create a unique downstream vertical spillover while rent sharing due to wage bargaining creates a two-way vertical spillover. Using U.K. firm level panel data, we show that downstream spillovers due to efficiency wage payments and union activity exist, and constitute general direct evidence of efficiency wage payments in U.K. companies. en
dc.format.extent 4304 bytes
dc.format.mimetype application/pdf
dc.language.iso en en
dc.publisher Blackwell en
dc.subject.lcsh Efficiency wage theory en
dc.subject.lcsh Labor market--Great Britain en
dc.subject.lcsh Wage differentials--Great Britain en
dc.title Evidence of efficiency wage payments in UK firm level panel data en
dc.type Working Paper en
dc.internal.authorurl Patrick P. Walsh (web page) en
dc.internal.authorurl http://www.ucd.ie/research/people/politicsintrelations/professorpatrickpaulwalsh/ en
dc.internal.authorid UCD0027 en
dc.internal.availability Full text not available en
dc.internal.webversions Online provider's version en
dc.internal.webversions http://www.jstor.org/stable/pdfplus/2234630.pdf en
dc.status Peer reviewed en
dc.identifier.volume 104 en
dc.identifier.issue 424 en
dc.identifier.startpage 542 en
dc.identifier.endpage 555 en
dc.neeo.contributor Konings|Jozef|aut|
dc.neeo.contributor Walsh|Patrick P.|aut|UCD0027

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