The Economics of Trade Unions


Book Description

Richard B. Freeman and James L. Medoff’s now classic 1984 book What Do Unions Do? stimulated an enormous theoretical and empirical literature on the economic impact of trade unions. Trade unions continue to be a significant feature of many labor markets, particularly in developing countries, and issues of labor market regulations and labor institutions remain critically important to researchers and policy makers. The relations between unions and management can range between cooperation and conflict; unions have powerful offsetting wage and non-wage effects that economists and other social scientists have long debated. Do the benefits of unionism exceed the costs to the economy and society writ large, or do the costs exceed the benefits? The Economics of Trade Unions offers the first comprehensive review, analysis and evaluation of the empirical literature on the microeconomic effects of trade unions using the tools of meta-regression analysis to identify and quantify the economic impact of trade unions, as well as to correct research design faults, the effects of selection bias and model misspecification. This volume makes use of a unique dataset of hundreds of empirical studies and their reported estimates of the microeconomic impact of trade unions. Written by three authors who have been at the forefront of this research field (including the co-author of the original volume, What Do Unions Do?), this book offers an overview of a subject that is of huge importance to scholars of labor economics, industrial and employee relations, and human resource management, as well as those with an interest in meta-analysis.




What Do Unions Do?


Book Description

Study of the impact of trade unions on working conditions and labour relations in the USA - based on a comparison of unionized workers and nonunionized workers, examines wage determination, fringe benefits, wage differentials, employment security, labour productivity, etc.; discusses trade union power and incidence of corruption among trade union officers; notes declining rate of trade unionization in the private sector. Graphs and references.







Unions and Collective Bargaining


Book Description

This book offers an extensive survey and synthesis of the economic literature on trade unions and collective bargaining and their impact on micro-and macro-economic outcomes. The authors demonstrate the effects of collective bargaining in different country settings and time periods. A comprehensive reference, this book will be of interest to students and scholars of labor policy as well as to policy makers and anyone with an interest in the economic consequences of unionism.




Industrial Peace & Role of Trade Unions In India


Book Description

The economic development of a country is largely dependent upon the industrial growth and development. It is in this context that industrial peace acquires significance. Disturbed and non-conducive industrial environment proportionately affects the industrial growth adversely. And; therefore; the relationship obtainable in any industry is a matter of great concern. Industrial environment is the outcome of the interaction among the actors of industrial relations. In this context; trade union leaders become a very significant actor as the activities of their followers which build the industrial environment is the outcome of their actions. Industrial peace has to be established by all means and that is the need of the hour. This cannot be achieved without positive and constructive role of the trade union leaders. Trade union leaders have been viewed by authors as agents of adversarialism and it has been pronounced that they cannot imagine themselves making common cause with capital or even recognise that they have shared interest. Such impressions have been perceived by assessing the actions of their followers i.e. the workers. It is also argued that the leaders are not at all sensitive about their social responsibilities. The actions of workers or the followers of trade union leaders are directly proportional to the faith and confidence the followers have in their leaders. It is; therefore; very apt to assess and gauge the impression carried by the followers about their leaders. In the present scenario it is desirable that the leaders and their followers understand each other and their mutual relationship is harmonized to the maximum extent. A leader must have the capability to get himself acquainted with the developments taking place and communicate and direct his followers accordingly. The followers desire that their leader should rise from the level of fairly good to the level of exceptionally good. This maiden attempt of the author; Dr. Bhim Singh automatically gains significance and importance as he has been able to correlate the followers perceptions about leadership qualities desired by the followers and its linkage with creation of industrial peace. "INDUSTRIAL PEACE & ROLE OF TRADE UNIONS IN INDIA" by DR. BHIM SINGH: Authored by Dr. Bhim Singh, this book may focus on the concept of industrial peace and the role played by trade unions in India's labor landscape. It is likely to explore the dynamics of labor relations and conflict resolution. Key Aspects of the Book "INDUSTRIAL PEACE & ROLE OF TRADE UNIONS IN INDIA" by DR. BHIM SINGH: Labor Relations: The book may provide insights into the complexities of labor relations in India, including challenges and opportunities. Trade Unionism: It likely discusses the historical and contemporary roles of trade unions in safeguarding workers' rights and interests. Conflict Resolution: "INDUSTRIAL PEACE & ROLE OF TRADE UNIONS IN INDIA" may address strategies for achieving industrial peace and harmony in the workplace. Dr. Bhim Singh is likely an author and scholar specializing in labor studies and industrial relations in India.




Trade Unions and Productivity in Indian Industries


Book Description

Study based on published data for chemicals, iron and steel, and textile industry groups and 20 industry groups representing the manufacturing sector of India.




Productivity And Wages In Indian Industries


Book Description

Productivity and wages plays an important role in the economic development and ultimately determines the standard of living in the country. In a developing economy like India the wage policy is facing a real conflict between the need of the workers for larger consumption and the demand of the economy for higher rate of capital formation. The increasing productivity and its linking with wages is the best option available. The book examines the relationship between productivity and wages in selected industries of organised manufacturing. In this endeavour, the book examines (a) The trends in productivity; (b) The trends in distribution of productivity gains; (c) The trends in factor compensation (wages and rate of return). Contents: Introduction and Problem Setting, Data and Methodology, Wage Productivity Relationship Theoretical and Empirical Evidence, Productivity Trends in Selected Industries, Trends in Distribution of Productivity Gains, Trends in Wages and Earnings, Wage-Productivity R







Trade Unions in China


Book Description

This book focuses on how the All China Federation of Trade Unions (ACFTU) is reforming under current conditions, and demonstrates that labour unrest is the principal driving force behind trade union reform in China.