haku: @author Hirsch, B. T. / yhteensä: 8
viite: 3 / 8
| Tekijä: | Hirsch, B. T. Connolly, R. A. |
| Otsikko: | Do unions capture monopoly profits? |
| Lehti: | Industrial and Labor Relations Review
1987 : OCT, VOL. 41:1, p. 118-136 |
| Asiasana: | TRADE UNIONS MONOPOLY PROFIT |
| Kieli: | eng |
| Tiivistelmä: | The conclusion that unions reduce profits exclusively in highly concentrated industries is challenged. On the basis of the analysis of 1977 data on 367 Fortune 500 firms it is argued that there is no convincing evidence that concentration produces monopoly profits for unions to capture. It is found that the union wage effect is not greater in concentrated industries. Evidence is found suggesting that a firm's market share, its expenditures on research and development, and its protection from foreign competition provide more likely sources for unions rents than does industry concentration. |
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