Labour unionisation structure and product innovation
This paper contributes to the recently growing literature by examining the effects of different labour unionisation structures on innovation. Using a Cournot duopoly set up, we investigate the effects of centralised and decentralised labour unions on product innovation. We show that if the products...
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| Format: | Article |
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Elsevier
2018
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| Online Access: | https://eprints.nottingham.ac.uk/49012/ |
| _version_ | 1848797902225276928 |
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| author | Basak, Debasmita Mukherjee, Arijit |
| author_facet | Basak, Debasmita Mukherjee, Arijit |
| author_sort | Basak, Debasmita |
| building | Nottingham Research Data Repository |
| collection | Online Access |
| description | This paper contributes to the recently growing literature by examining the effects of different labour unionisation structures on innovation. Using a Cournot duopoly set up, we investigate the effects of centralised and decentralised labour unions on product innovation. We show that if the products are symmetrically differentiated, the incentive for innovation is higher under decentralised labour unions, whereas the innovation incentive can be higher under a centralised labour union if the products are asymmetrically differentiated. Our results show that social welfare is strictly higher under decentralised unions compared to a centralised union. |
| first_indexed | 2025-11-14T20:11:15Z |
| format | Article |
| id | nottingham-49012 |
| institution | University of Nottingham Malaysia Campus |
| institution_category | Local University |
| last_indexed | 2025-11-14T20:11:15Z |
| publishDate | 2018 |
| publisher | Elsevier |
| recordtype | eprints |
| repository_type | Digital Repository |
| spelling | nottingham-490122020-05-04T19:39:00Z https://eprints.nottingham.ac.uk/49012/ Labour unionisation structure and product innovation Basak, Debasmita Mukherjee, Arijit This paper contributes to the recently growing literature by examining the effects of different labour unionisation structures on innovation. Using a Cournot duopoly set up, we investigate the effects of centralised and decentralised labour unions on product innovation. We show that if the products are symmetrically differentiated, the incentive for innovation is higher under decentralised labour unions, whereas the innovation incentive can be higher under a centralised labour union if the products are asymmetrically differentiated. Our results show that social welfare is strictly higher under decentralised unions compared to a centralised union. Elsevier 2018-05-31 Article PeerReviewed Basak, Debasmita and Mukherjee, Arijit (2018) Labour unionisation structure and product innovation. International Review of Economics and Finance, 55 . pp. 98-110. ISSN 1059-0560 Centralised union ; Decentralised union ; Product innovation ; Union utility https://www.sciencedirect.com/science/article/pii/S1059056017309371 doi:10.1016/j.iref.2017.12.013 doi:10.1016/j.iref.2017.12.013 |
| spellingShingle | Centralised union ; Decentralised union ; Product innovation ; Union utility Basak, Debasmita Mukherjee, Arijit Labour unionisation structure and product innovation |
| title | Labour unionisation structure and product innovation |
| title_full | Labour unionisation structure and product innovation |
| title_fullStr | Labour unionisation structure and product innovation |
| title_full_unstemmed | Labour unionisation structure and product innovation |
| title_short | Labour unionisation structure and product innovation |
| title_sort | labour unionisation structure and product innovation |
| topic | Centralised union ; Decentralised union ; Product innovation ; Union utility |
| url | https://eprints.nottingham.ac.uk/49012/ https://eprints.nottingham.ac.uk/49012/ https://eprints.nottingham.ac.uk/49012/ |