Unionization Structures in International Oligopoly PDF Download

Author: Beatrice Pagel
Publisher:
ISBN: 9783863040437
Category :
Languages : en
Pages : 0

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Author: Kjell Erik Lommerud
Publisher:
ISBN:
Category : Corporations, Foreign
Languages : en
Pages : 44

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Book Description
In a two-country reciprocal dumping model, with one country unionized, we analyze how wage setting and firm location are influenced by trade liberalization. We show that trade liberalization can induce FDI, which is at odds with conventional theoretical wisdom and cannot happen in a corresponding model without unionization. FDI is undertaken partly to win a distributional battle with unionized labor, and the incentives to invest abroad can be too large seen from a welfare point of view.

Author: Timothy C. G. Fisher
Publisher:
ISBN:
Category : Free trade
Languages : en
Pages : 34

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Author: Kwok Chiu Fung
Publisher:
ISBN:
Category : Industrial organization (Economic theory)
Languages : en
Pages : 84

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Author: Hosaki Sano
Publisher:
ISBN:
Category :
Languages : en
Pages : 0

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This paper presents a multi-sectoral general oligopolistic equilibrium trade model in which unionized and non-unionized sectors interact. In our model, the proportion of unionized sectors is endogenously determined. We show that this proportion depends on exogenous parameters such as productivity, population, number of firms, union costs and labor union formation. We also show that trade openness between symmetric countries raises the competitive wage and lowers the proportion of unionized sectors.

Author: Phillip Swagel
Publisher: International Monetary Fund
ISBN:
Category : Business & Economics
Languages : en
Pages : 24

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Book Description
This paper examines the effect of unionization on welfare and trade policy in a model of duopolists competing in a third market. It shows that the traditional result that the presence of a union necessitates a stronger strategic trade policy to reach the optimal level of welfare depends on the mode of competition. With Bertrand duopolists, a union can be welfare-improving; it can also lead to a weaker trade policy, or even reverse the direction of the optimal policy. The results highlight the importance for trade policy of understanding the nature of firm behavior and the institutional features of the labor market.

Author: Paulo Bastos
Publisher:
ISBN:
Category :
Languages : en
Pages : 33

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Book Description
In an international oligopoly model, we investigate how trade liberalisation impacts on collective bargaining outcomes when workers are represented by open shop unions. We find that, with intermediate levels of union density, trade liberalisation may lead to higher negotiated wages even if no trade occurs in equilibrium. In addition, we show that union wages may be higher with free trade than in autarky.

Author: James A. Brander
Publisher:
ISBN:
Category : Labor unions
Languages : en
Pages : 26

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Author: Sajal Lahiri
Publisher: Cambridge University Press
ISBN: 1139437364
Category : Business & Economics
Languages : en
Pages : 165

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Book Description
The existence of firms with different levels of efficiency within a country plays an important role in this in-depth analysis of industrial and trade policies in a multi-country trade-theoretic framework. Sajal Lahiri and Yoshiyasu Ono examine various industrial policies, R&D subsidies and trade policies under conditions of imperfect competition in a product market created by the presence of Cournot oligopolistic interdependence in production. Trade is defined broadly to include trade in commodity as well as trade in capital, specifically foreign direct investment. While the first part of the book focuses on commodity trade and assumes full employment, the latter considers foreign direct investment and assumes the presence of unemployment. Given the importance of industrial policies and the prevalence of imperfect competition, together with ongoing attention to theoretical issues concerning industrial economics, this research will excite interest amongst researchers, advanced students and policy makers in this field.

Author: Peter A. Hall
Publisher: Oxford University Press
ISBN: 0199247749
Category : Business & Economics
Languages : en
Pages : 557

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Book Description
Applying the new economics of organisation and relational theories of the firm to the problem of understanding cross-national variation in the political economy, this volume elaborates a new understanding of the institutional differences that characterise the 'varieties of capitalism' worldwide.