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This paper sets up a general oligopolistic equilibrium model with two countries that differ in the centralization of union wage setting. Being interested in the consequences of openness, we show that, in the short-run, trade increases welfare and employment in both locations, and it raises...
Persistent link: https://www.econbiz.de/10010319751
This paper sets up a general oligopolistic equilibrium model with unionized labor markets. By accounting for productivity dierences, the model features prot and wage dierentials across industries. We use this setting to study the impact of trade liberalization on employment, welfare, and the...
Persistent link: https://www.econbiz.de/10008561058
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/10008533986
This paper analyses the scope for collusive behaviour within the context of an international duopoly supergame in which both firms and monopoly labour unions interact strategically.
Persistent link: https://www.econbiz.de/10005783563
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 liberalization typically increases trade union technology opposition. These conclusions are reached...
Persistent link: https://www.econbiz.de/10005123737
In this paper, we study the effects of introducing endogenous costs in a Tullock model of rent-seeking. We show that unions can be efficiency improving, and that the firms' level of effort depends more critically upon the number of firms participating in the contests when unions are present. We...
Persistent link: https://www.econbiz.de/10005647118
We derive the sub-game perfect Nash equilibria for the foreign direct investment (FDI) game played between two unionised firms. Among other results, we show that FDI is less likely, ceteris paribus, the greater is union bargaining power, the stronger the weight the union attaches to wages, and...
Persistent link: https://www.econbiz.de/10014171713
This paper sets up a general oligopolistic equilibrium model with two countries that differ in the centralization of union wage setting. Being interested in the consequences of openness, we show that, in the short-run, trade increases welfare and employment in both locations, and it raises...
Persistent link: https://www.econbiz.de/10013100837
Using two-part tariff under mutual outsourcing between symmetric downstream firms, we demonstrate endogenous choice of … vertical structure with each exclusive channel. Recent market structure captures that the mutual outsourcing has become a … competition has the same endogenous choice of vertical separation with mutual outsourcing, social welfare, consumer surplus and …
Persistent link: https://www.econbiz.de/10014344278
Using decentralized Nash bargaining with two-part tariff under mutual outsourcing between symmetric downstream firms … the mutual outsourcing has become a common business practice in technology intensive industries. We show that asymmetric …
Persistent link: https://www.econbiz.de/10014358611