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| Tekijä: | Zhao, L. |
| Otsikko: | Unionization, vertical markets, and the outsourcing of multinationals |
| Lehti: | Journal of International Economics
2001 : OCT, VOL. 55:1, p. 187-202 |
| Asiasana: | INTEGRATION MULTINATIONAL COMPANIES OUTSOURCING TRADE UNIONS |
| Kieli: | eng |
| Tiivistelmä: | This paper offers an explanation for multinationals that are both horizontally and vertically related. Specifically, when labor is unionized, the conventional incentives for merger may disappear in industries of successive (or bilateral) monopoly, due to "double marginalization", which limits the amount of surplus that can be bargained between labor and the firms. |
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