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Haucap, J. and Wey, C. (2004) Unionisation Structures and Innovation Incentives. Economic Journal, 114, 149-165.
https://doi.org/10.1111/j.0013-0133.2004.00203.x

has been cited by the following article:

  • TITLE: Does Labor-Saving R&D Hurt Labors?

    AUTHORS: Ying-Da Wang

    KEYWORDS: Labor Union, Labor-Saving R & D

    JOURNAL NAME: Theoretical Economics Letters, Vol.9 No.6, August 7, 2019

    ABSTRACT: In this paper, we consider a right-to-manage model with a monopolist in the final goods market. We investigate how the wage determination of labor union affects the firm’s Labor-Saving R&D strategy. We find that if the labor union determines a higher wage, the monopolist may not produce less output or undertake more R&D investments. Besides, we also find that if the firm undertakes Labor-Saving R&D, then the total gains of labor may not decrease.