TY  - RPRT
        AU  - Boulhol, Hervé
AU  - Dobbelaere, Sabien
AU  - Maioli, Sara
        TI  - Imports as Product and Labor Market Discipline
        PY  - 2006/Jun/
        PB  - Institute of Labor Economics (IZA)
        CY  - Bonn
        T2  - IZA Discussion Paper
        IS  - 2178
        UR  - https://www.iza.org/publications/dp2178
        AB  - 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.
        KW  - mark-ups
KW  - pro-competitive effect
KW  - workers’ bargaining power
        ER  -