A BEHAVIORAL ANALYSIS OF GREEK STRIKE ACTIVITY.

Abstract

This work deals with the analysis of Greek strike activity during the period 1975-1994 based on the data collected by the National Statistical Service of Greece. The work is distinguished into two parts as follows: a. For the industry sector, b. For all the sectors. Conventional strike equations are specified and estimated using the data for all strikes and the effects of the explanatory variables are compared. The study includes several explanatory variables, which have been used by many investigators of strikes. To analyze the aforementioned data, the ARIMA procedure was also used to estimate and forecast models using the methods prescribed by Box and Jenkins (1976). The logarithmic transformation of the data has demonstrated a better behavior of the respective models, fact that it was expected since in a previous work, which was presented in the Fourth Statistical Conference of Greece in Patras 1991, the goodness of fit of the data in the lognormal distribution has been proved.Greek strike activity, empirical models, Box and Jenkins ARIMA modeling