International R&D rivalry and export market shares of unionized industries: Some evidence from the US manufacturing sector

• 成果类型: Article
• 署名作者: Nair-Reichert, U; Pomery, J
• 署名单位: University System of Georgia; Georgia Institute of Technology; Purdue University System; Purdue University
• 刊物名称: JOURNAL OF INTERNATIONAL ECONOMICS
• ISSN/ISSBN: 0022-1996
• DOI: 10.1016/S0022-1996(98)00062-2
• 发表日期: 1999
• 页码: 77-97
• 关键词: R&D; unionization; strategic investment; non-strategic investment; export market share

摘要

This paper investigates how union activity that captures R&D rents alters the strategic investment behavior of internationally competitive firms. The effect of union activity in the Spencer, B.J., Brander, J.A., 1983 [International R&D rivalry and industrial strategy, Review of Economic Studies 50, 707-722] framework is to reduce the firm's strategic investment in R&D and its export market share. The empirical investigation at the industry level indicates that union activity has a significant and negative impact on R&D investment decisions in the US manufacturing sector. An important contribution of this work is its attempt to empirically distinguish between strategic and non-strategic R&D. The strategic effect of R&D on export market share in an imperfectly competitive product market is a decreasing function of the level of union activity. (C) 1999 Elsevier Science B.V. All rights reserved.