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| Author: | Bassanini, A. Ernst, E. |
| Title: | Labour market regulation, industrial relations and technological regimes: a tale of comparative advantage |
| Journal: | Industrial and Corporate Change
2002 : SEP, VOL. 11:3, p. 391-426 |
| Index terms: | LABOUR LABOUR MARKETS REGULATIONS INDUSTRIAL RELATIONS |
| Language: | eng |
| Abstract: | In this paper the authors present comparative evidence from OECD countries concerning the impact of labour market institutions and regulations on technological specialization. The interplay between the degree of labour market flexibility, the system of industrial relations and the knowledge base of different industries determines the viability of different human resource strategies, thereby shaping the patterns of comparative advantage. The authors' empirical results show that countries with coordinated industrial-relations systems and strict employment protection tend to specialize in industries with a cumulative knowledge base. The authors argue that two mechanisms explain these patterns. |
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