Bibliographic Information

Labour unions and the theory of international trade

M.C. Kemp, N. van Long, K. Shimomura

(Contributions to economic analysis, 202)

North-Holland , Distributors for the U.S. and Canada, Elsevier Science Pub., 1991

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Includes bibliographical references and index

Description and Table of Contents

Description

This book provides a theory of trade between countries in at least one of which the pattern of competitive markets is disturbed by a powerful national labour union and in which, therefore, wage distortions are endogenous; the book then proceeds to re-examine the several comparative-equilibrium questions of conventional trade theory. In addition, several questions are confronted which can be posed only in the new framework.In Chapters II and III, two well-known models of production and trade are taken. In Chapter IV the analysis of Chapter II is reconsidered under the assumption that there is a strong labour union in each trading country. Chapters V-VII broaden the scope of analysis by allowing for capital accumulation and its interaction with union policies.

Table of Contents

A Prospectus. The Heckscher-Ohlin Model. The Specific-Factors Model. A Labour Union in Every Country. Union Power in the Long Run. A Differential Game between the Labour Unions of Different Countries. A Differential Game between Organised Labour and Organised Capital. References. Index.

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