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Title: Wagesetting institutions and R& collaboration networks
Authors: Ferrett, B. 
Zikos, Vasileios 
Issue Date: 2013
Publisher: Scopus
University of the Thai Chamber of Commerce
Source: B. Ferrett, Vasileios Zikos (2013) Wagesetting institutions and R& collaboration networks. Australian Economic Papers Vol.52 No.2, 61-78.
Abstract: We analyse how union structures that differ in the degree of wagesetting centralisation affect the pattern of R& network formation. Within the context of a threefirmindustry, a central union that sets a uniform wage is shown to induce a partial R& network that includes two firms but excludes the third. In contrast, we find that, under less centralised union structures, firms haveincentives to form R& networks with a larger number of alliances. This result is consistent with the stylised facts for industrialised countries: recent decades have seen an upsurge in R& alliances along with labour market deregulation towards more flexible wagesettinginstitutions.
Rights: This work is protected by copyright. Reproduction or distribution of the work in any format is prohibited without written permission of the copyright owner.
Appears in Collections:RSO: Journal Articles

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