Labor unionization structure, innovation and welfare

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 socie...

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Main Authors: Tien-Der, Han, Mukherjee, Arijit
Format: Article
Published: Mohr Siebeck 2017
Online Access:https://eprints.nottingham.ac.uk/40457/
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author Tien-Der, Han
Mukherjee, Arijit
author_facet Tien-Der, Han
Mukherjee, Arijit
author_sort Tien-Der, Han
building Nottingham Research Data Repository
collection Online Access
description 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.
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institution University of Nottingham Malaysia Campus
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spelling nottingham-404572020-05-04T18:48:13Z https://eprints.nottingham.ac.uk/40457/ Labor unionization structure, innovation and welfare Tien-Der, Han Mukherjee, Arijit 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. Mohr Siebeck 2017-06-01 Article PeerReviewed 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 http://www.ingentaconnect.com/content/mohr/jite/2017/00000173/00000002/art00004 doi:10.1628/093245616X14785139493983 doi:10.1628/093245616X14785139493983
spellingShingle Tien-Der, Han
Mukherjee, Arijit
Labor unionization structure, innovation and welfare
title Labor unionization structure, innovation and welfare
title_full Labor unionization structure, innovation and welfare
title_fullStr Labor unionization structure, innovation and welfare
title_full_unstemmed Labor unionization structure, innovation and welfare
title_short Labor unionization structure, innovation and welfare
title_sort labor unionization structure, innovation and welfare
url https://eprints.nottingham.ac.uk/40457/
https://eprints.nottingham.ac.uk/40457/
https://eprints.nottingham.ac.uk/40457/