The Dynamic Effects of Works Councils on Labour Productivity: First Evidence from Panel Data
利用西德企业面板数据，研究发现工会引入后前五年对生产率有负面影响，但之后持续且显著提升，支持了工会与生产率正相关的因果解释。
Abstract We estimate dynamic effects of works councils on labour productivity using newly available information from West German establishment panel data. Conditioning on plant fixed effects and control variables, we find negative productivity effects during the first five years after council introduction but a steady and substantial increase in the councils’ productivity effect thereafter. Our findings support a causal interpretation for the positive correlation between council existence and plant productivity that has been frequently reported in previous studies.