CEBULA, RICHARD J.; NAIR-REICHERT, USHA - In: Journal of Labor Research 21 (2000) 3, pp. 477-487
We investigate how union rent seeking is affected by import competition. The myopic theory of union rent extraction assumes that unions attempt to maximize current rents. In such a scenario, unionization, even with import competition, may increase the rents earned by union workers. On the other...