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Please use this identifier to cite or link to this item: https://dspace.lboro.ac.uk/2134/23371

Title: Wage-setting institutions and R&D collaboration networks
Authors: Ferrett, Benjamin E.
Zikos, Vasileios
Issue Date: 2013
Publisher: John Wiley & Sons (© University of Adelaide and Flinders University and Wiley Publishing Asia Pty Ltd.)
Citation: FERRETT, B. and ZIKOS, V., 2013. Wage-setting institutions and R&D collaboration networks. Australian Economic Papers, 52 (2), pp.61-78.
Abstract: We 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.
Description: 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.
Version: Accepted for publication
DOI: 10.1111/1467-8454.12009
URI: https://dspace.lboro.ac.uk/2134/23371
Publisher Link: http://dx.doi.org/10.1111/1467-8454.12009
ISSN: 0004-900X
Appears in Collections:Published Articles (Economics)

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