Works Councils - Sand or Grease in the Operation of German Firms?
14 Pages Posted: 13 Dec 2002
Date Written: November 2002
Using a large panel data set we investigate whether works councils act as sand or grease in the operation of German firms. Stochastic production frontier analysis indicates that establishments with and without a works council do not exhibit significant differences in efficiency.
Keywords: Works Council, Codetermination, Production Frontier Analysis, Germany
JEL Classification: J50
Suggested Citation: Suggested Citation