Labor unionization structure, innovation and welfare

Tien-Der, Han and Mukherjee, Arijit (2017) Labor unionization structure, innovation and welfare. Journal of Institutional and Theoretical Economics, 173 (2). pp. 279-300. ISSN 1614-0559

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Abstract

We show the effects of cooperation among the labour unions with complementary workers on innovation, consumer surplus and welfare. Although cooperation among the unions reduces wage, 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 non-cooperation) among the unions makes the workers better off, it may not make all final goods producers better off.

Item Type: Article
Schools/Departments: University of Nottingham, UK > Faculty of Social Sciences > Nottingham University Business School
Identification Number: https://doi.org/10.1628/093245616X14785139493983
Depositing User: Howis, Jennifer
Date Deposited: 09 Feb 2017 09:59
Last Modified: 17 Jan 2018 07:43
URI: http://eprints.nottingham.ac.uk/id/eprint/40457

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