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Labor unionization structure, innovation, and welfare

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journal contribution
posted on 2021-01-25, 14:56 authored by Tien-Der HanTien-Der Han, Arijit Mukherjee
We show the effects of cooperation among the labor unions with complementary workers on innovation, consumer surplus, and welfare. Although cooperation among the unions reduces wages, it may either increase or decrease the firm's incentive for innovation, and may also make the consumers and the society worse off by reducing innovation. While cooperation (compared to noncooperation) among the unions makes the workers better off, it may not make all final-goods producers better off.

History

School

  • Business and Economics

Department

  • Economics

Published in

Journal of Institutional and Theoretical Economics

Volume

173

Issue

2

Pages

279 - 300

Publisher

Mohr Siebeck

Version

  • AM (Accepted Manuscript)

Rights holder

© Mohr Siebeck

Publisher statement

This paper was accepted for publication in the journal Journal of Institutional and Theoretical Economics and the definitive published version is available at https://doi.org/10.1628/093245616x14785139493983.

Acceptance date

2016-04-28

Publication date

2017-06-30

Copyright date

2017

ISSN

0932-4569

eISSN

1614-0559

Language

  • en

Depositor

Dr Tien-Der Jerry Han. Deposit date: 20 January 2021

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