@TechReport{iza:izadps:dp2178,
            	author={Boulhol, Hervé and Dobbelaere, Sabien and Maioli, Sara},
            	title={Imports as Product and Labor Market Discipline},
            	year={2006},
	month={Jun},
            	institution={Institute of Labor Economics (IZA)},
            	address={Bonn},
            	type={IZA Discussion Paper},
            	number={2178},
            	url={https://www.iza.org/publications/dp2178},
	abstract={This paper tests the pro-competitive effect of trade in the product and labor markets of UK manufacturing sectors between 1988 and 2003 using a two-stage estimation procedure. In the first stage, we use data on 9820 firms from twenty manufacturing sectors to simultaneously estimate mark-up and workers’ bargaining power parameters according to sector, firm size and period. We find a significant drop in both the mark-up and the workers’ bargaining power in the mid-nineties. In the second stage, we relate our parameters of interest to trade variables. Our results show that imports from developed countries have significantly contributed to the decrease in both mark-ups and workers’ bargaining power.},
	keywords={mark-ups;pro-competitive effect;workers’ bargaining power},
            }