TY - JOUR
T1 - Unionization and international market share rivalry
T2 - A paradox
AU - Bandyopadhyay, Subhayu
AU - Bandyopadhyay, Sudeshna Champati
PY - 1999/2
Y1 - 1999/2
N2 - Two exporting firms (domestic and foreign) are considered which are symmetric in all respects except that one is unionized while the other faces a competitive labor market. Under free trade the unionized firm has the lower market share. Paradoxically, in the policy equilibrium, the unionized firm has the larger market share. Consequently, the nation hosting the unionized firm has the higher welfare level.
AB - Two exporting firms (domestic and foreign) are considered which are symmetric in all respects except that one is unionized while the other faces a competitive labor market. Under free trade the unionized firm has the lower market share. Paradoxically, in the policy equilibrium, the unionized firm has the larger market share. Consequently, the nation hosting the unionized firm has the higher welfare level.
UR - https://www.scopus.com/pages/publications/0032965733
U2 - 10.1111/1467-9396.00153
DO - 10.1111/1467-9396.00153
M3 - Article
AN - SCOPUS:0032965733
SN - 0965-7576
VL - 7
SP - 153
EP - 161
JO - Review of International Economics
JF - Review of International Economics
IS - 1
ER -