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Vertical spillovers, market concentration, union coverage, and wages
Stephen Martin,Cynthia Rence +1 more
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In this paper, a model that tests for the presence of spillover effects of union coverage across industry boundaries on wages and union coverage in vertically related industries is presented, showing that there is some evidence of spill-over effects from buying industries to the wages of nonunion workers.Abstract:
This paper outlines a model that tests for the presence of spillover effects of union coverage across industry boundaries on wages and union coverage in vertically related industries. There is some evidence of spillover effects from buying industries to the wages of nonunion workers and of such effects on the degree of union coverage from both buying and supplying industries.read more
Citations
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Do unions capture monopoly profits
TL;DR: The authors found that the union wage effect is not greater in concentrated industries, as suggested by the hypothesis that unions capture concentration-related profits, and that a firm's market share, its expenditures on research and development, and its protection from foreign competition provide more likely sources for union rents than does industry concentration.
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Class Struggle American Style: Unions, Strikes and Wages
TL;DR: Using multivariate time-series regression analysis, this article showed that in times (post-World War II) and industrial sectors in which unions are well established, strikes lead to an increased rate of compensation growth.
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On the Estimation of Union Threat Effects
TL;DR: In this paper, a contextual method for estimating the effects of unionization on the earnings of unorganized workers is proposed, which is defined as the tendency for nonunionized employers to respond to the threat of unionisation by increasing the earnings and benefits of their workers.
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Causes and effects of vertical intergration
TL;DR: In this paper, the authors define new measures of industry-average forward and backward integration, and incorporate them into an empirical stucture-conduct-performance model, which suggests that integration is encouraged where there are relatively few firms in an industry and if sales are increasing.
References
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Book
Industrial market structure and economic performance
TL;DR: In this article, the authors have reviewed theoretical, empirical, and policy developments of the past decade and provided new insights into strategic behaviour from game theory, and integrated them with the related theoretical materials.
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Two-Stage Least Squares and Econometric Systems Linear in Parameters but Nonlinear in the Endogenous Variables
TL;DR: In this article, a variant of the two-stage least squares technique is used to estimate the parameters of a nonlinear model, and the reduced form equations of such models are derived and discussed.
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The Welfare Basis of Real Income Comparisons: A Reply
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New Estimates of Private Sector Unionism in the United States
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Advertising, Concentration, and Price-Cost Margins
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