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Wage-setting institutions and R&D collaboration networks
journal contribution
posted on 2016-12-07, 14:37 authored by Ben FerrettBen Ferrett, Vasileios ZikosWe analyse how union structures that differ in the degree of wage-setting centralisation affect the pattern of R&D network formation. Within the context of a three-firm industry, a central union that sets a uniform wage is shown to induce a partial R&D network that includes two firms but excludes the third. In contrast, we find that, under less centralised union structures, firms have incentives to form R&D 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&D alliances along with labour market deregulation towards more flexible wage-setting institutions.
History
School
- Business and Economics
Department
- Economics
Published in
Australian Economic PapersVolume
52Issue
2Pages
61 - 78 (18)Citation
FERRETT, B. and ZIKOS, V., 2013. Wage-setting institutions and R&D collaboration networks. Australian Economic Papers, 52 (2), pp.61-78.Publisher
John Wiley & Sons (© University of Adelaide and Flinders University and Wiley Publishing Asia Pty Ltd.)Version
- AM (Accepted Manuscript)
Publisher statement
This work is made available according to the conditions of the Creative Commons Attribution-NonCommercial-NoDerivatives 4.0 International (CC BY-NC-ND 4.0) licence. Full details of this licence are available at: https://creativecommons.org/licenses/by-nc-nd/4.0/Publication date
2013Notes
This is the peer reviewed version of the following article: FERRETT, B. and ZIKOS, V., 2013. Wage-Setting Institutions and R&D Collaboration Networks. Australian Economic Papers, 52 (2), pp.61-78, which has been published in final form at: http://dx.doi.org/10.1111/1467-8454.12009. This article may be used for non-commercial purposes in accordance with Wiley Terms and Conditions for Self-Archiving.ISSN
0004-900XeISSN
1467-8454Publisher version
Language
- en