For a thorough discussion of the economic, political and threat strategies important in collective wage determination, see Levinson, Harold M., Determining Forces in Collective Wage Bargaining (New York: John Wiley and Sons, 1966), Chapter 1.
2.
For the role of a strike in collective bargaining, see Rees, Albert, The Economics of Trade Unions (Chicago: University of Chicago Press, 1962), pp. 31-42 ; for a discussion of the public policy implications of strikes, see Wykstra, Ronald and Stevens, Eleanour V., American Labor and Manpower Policy (New York: Odyssey Press, 1971), Chapter 9.
3.
Chau, Lawrence C., An Econometric Model for Forecasting Income and Employment in Hawaii (Honolulu: Economic Research Center (ERC), 1970); Peterson, Richard E. and Wall, Charles F., An Income-Employment Forecasting Model for Hawaii: 1951-1970 ( Honolulu: ERC, 1972).
4.
Ioc. cit., page 60. Numerous tests of the model have been undertaken, both by Chau and by Peterson and Wall. The Peterson-Wall model is basically a modified and updated Chau model.
