Regulatory reform represents a major shift in the government's role
toward price determination in the transportation and
telecommunication industries. The resulting policy emphasizes
dependence on market forces to set prices and to encourage
efficient production techniques. While extensive research
investigates the influence of deregulation on prices, profits and
productivity, the effect on labor markets has not received the same
scrutiny. Firms in these industries are of major importance to
business operations in other industries because they provide the
critical services of transporting goods and transmitting
information. This may partly explain such extensive research on the
product market aspects of regulatory reform. Examining labor
markets in the transportation and telecommunications industries is
also highly warranted, as historically these industries represented
some of the most heavily unionized sectors in the economy. The
extent to which regulatory reform has encouraged product market
competition may not necessarily result in the same degree of
competition across industries. Regulatory Reform and Labor Markets
debates the notion that research on regulatory reform and labor
markets should develop within the framework of the competitive
model. This is achieved by presenting diverging views on wage and
employment determination in distinctly different deregulated
industries.
General
Is the information for this product incomplete, wrong or inappropriate?
Let us know about it.
Does this product have an incorrect or missing image?
Send us a new image.
Is this product missing categories?
Add more categories.
Review This Product
No reviews yet - be the first to create one!
Welcome to Loot.co.za!
Sign in / Register |Wishlists & Gift Vouchers |Help | Advanced search
