Labour unionisation structure and product innovation

Research output: Journal Publications and Reviews (RGC: 21, 22, 62)21_Publication in refereed journalpeer-review

4 Scopus Citations
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Author(s)

  • Debasmita Basak
  • Arijit Mukherjee

Related Research Unit(s)

Detail(s)

Original languageEnglish
Pages (from-to)98-110
Journal / PublicationInternational Review of Economics and Finance
Volume55
Online published28 Dec 2017
Publication statusPublished - May 2018

Abstract

This paper contributes to the recently growing literature by examining the effects of different labour unionisation structures on innovation. Using a Cournot duopoly setup, 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.

Research Area(s)

  • Centralised union, Decentralised union, Product innovation, Union utility

Citation Format(s)

Labour unionisation structure and product innovation. / Basak, Debasmita; Mukherjee, Arijit.

In: International Review of Economics and Finance, Vol. 55, 05.2018, p. 98-110.

Research output: Journal Publications and Reviews (RGC: 21, 22, 62)21_Publication in refereed journalpeer-review