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Professore di Economia Politica
Prorettore Delegato per la ricerca scientifica, i rapporti istituzionali e l’innovazione

Blog personale: http://francescopigliaru.blogspot.com

Titolo: Unions and investment in intangible capital
Autori: 
Data di pubblicazione: 2015
Rivista: 
IZA WORLD OF LABOR  
Abstract: Powerful unions may slow investments in physical capital and in research and development, but the effect is influenced by the institutional context. Union effects on research and development are negative in the US but insignificant in EU countries. Cross-country evidence also shows negative effects, particularly for research-intensive industries with irreversible capital investments. However, industrial relations play a crucial mediating role. By routinely involving unions in government decisions on social and economic policy, policymakers may be able to shape incentives to sustain cooperation with employers and boost investment.
Handle: http://hdl.handle.net/11584/173319
Tipologia:1.1 Articolo in rivista

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