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particularly for the relatively less efficient firms. -- Outsourcing ; Unionisation ; Strategic Investment ; Trade Liberalisation …We critically consider the conventional belief that the attractiveness of international outsourcing lies in cheaper … labour costs overseas and that it offers a means to ‘escape’ the power of unions. We develop an oligopoly model in which …
Persistent link: https://www.econbiz.de/10003941026
We study the make-or-buy decision of oligopolistic firms in an industry in which final good production requires specialised inputs. Firms’ mode of operation decision depends on both the incentive to economize on costs and on strategic considerations. We explore the strategic incentives to...
Persistent link: https://www.econbiz.de/10008914735
The aim of this paper is to make a first step towards studying the role of social expenditure and its interaction with corporate taxation in determining the destination of foreign direct investment (FDI) flows. Using panel data for 18 OECD countries and measuring the extent of social welfare...
Persistent link: https://www.econbiz.de/10005001718
wholly owned subsidiary or outsourcing it to a supplier who must make a relationship specific investment. Firms …
Persistent link: https://www.econbiz.de/10005405129
This paper sets up a general oligopolistic equilibrium model with unionized labor markets. By accounting for productivity differences, the model features profit and wage differentials across industries. We use this setting to study the impact of trade liberalization on employment, welfare, and...
Persistent link: https://www.econbiz.de/10003935376
This paper sets up a general oligopolistic equilibrium model with unionized labor markets. By accounting for productivity differences, the model features profit and wage differentials across industries. We use this setting to study the impact of trade liberalization on employment, welfare, and...
Persistent link: https://www.econbiz.de/10003923568
This paper sets up a general oligopolistic equilibrium model with multi-product firms and union wage setting in a subset of industries. By claiming a wage premium, labor unions enforce a decline in firm scale and scope and thus dampen industrial output, with negative feedback effects on the...
Persistent link: https://www.econbiz.de/10008936230
This paper sets up a general oligopolistic equilibrium model with unionized labor markets. By accounting for productivity differences, the model features profit and wage differentials across industries. We use this setting to study the impact of trade liberalization on employment, welfare, and...
Persistent link: https://www.econbiz.de/10013149008
We find that trade unions have a rational incentive to oppose the adoption of labour-saving technology when labour demand is inelastic and unions care much for employment relative to wages. Trade liberalisation typically increases trade union technology opposition. These conclusions are reached...
Persistent link: https://www.econbiz.de/10008918554
We find that trade unions have a rational incentive to oppose the adaption of labour-saving technology when labour demand is inelastic and unions care much for employment relative to wages. Trade liberalisation typically increases trade union technology opposition. These conclusions are reached...
Persistent link: https://www.econbiz.de/10009367883