All Outputs (73)

Foreign direct investment, unionised labour markets and welfare (2018)
Journal Article
Cao, J., & Mukherjee, A. (2018). Foreign direct investment, unionised labour markets and welfare. International Review of Economics and Finance, 58, 330-339. https://doi.org/10.1016/j.iref.2018.04.004

Although empirical evidence on the relationship between labour union and foreign direct investment (FDI) is mixed, the theoretical literature mainly explains the negative relationship between labour union and FDI. We show that a multinational firm ma... Read More about Foreign direct investment, unionised labour markets and welfare.

Labour unionisation structure and product innovation (2017)
Journal Article
Basak, D., & Mukherjee, A. (2018). Labour unionisation structure and product innovation. International Review of Economics and Finance, 55, https://doi.org/10.1016/j.iref.2017.12.013

This paper contributes to the recently growing literature by examining the effects of different labour unionisation structures on innovation. Using a Cournot duopoly set up, we investigate the effects of centralised and decentralised labour unions on... Read More about Labour unionisation structure and product innovation.

Firm-asymmetry and strategic outsourcing (2017)
Journal Article
Cao, J., Mukherjee, A., & Sinha, U. B. (in press). Firm-asymmetry and strategic outsourcing. International Review of Economics and Finance, 53, https://doi.org/10.1016/j.iref.2017.10.008

In contrast to the conventional wisdom, we show that a final goods producer may outsource input production to an outside supplier even if the final goods producer possesses a superior input-production technology compared to the outside supplier. Such... Read More about Firm-asymmetry and strategic outsourcing.

Vertical integration and product differentiation (2017)
Journal Article
Zanchettin, P., & Mukherjee, A. (2017). Vertical integration and product differentiation. International Journal of Industrial Organization, 55, 25-57. https://doi.org/10.1016/j.ijindorg.2017.07.004

We study a new channel of downstream rent extraction through vertical integration: competition for integration. Innovative downstream firms create value and profit opportunities through product differentiation, which however affects an upstream monop... Read More about Vertical integration and product differentiation.

Firm-productivity and export under non-constant marginal costs (2017)
Journal Article
Mukherjee, A. (2017). Firm-productivity and export under non-constant marginal costs. Economics Bulletin, 37(2),

Recent theoretical research shows that exporters are more productive than non- exporters. We show that this result holds almost trivially for the case of a constant marginal cost of production, as mainly assumed in the literature, but it may not hold... Read More about Firm-productivity and export under non-constant marginal costs.

Union bargaining power, subcontracting and innovation (2017)
Journal Article
Beladi, H., & Mukherjee, A. (2017). Union bargaining power, subcontracting and innovation. Journal of Economic Behavior and Organization, 137, 90-104. https://doi.org/10.1016/j.jebo.2017.02.013

We show that if a firm can subcontract production to an informal sector, an increase in union power may either increase or decrease innovation. An increase in union power makes the firm worse off irrespective of its effect on innovation. However, in... Read More about Union bargaining power, subcontracting and innovation.

Domestic patenting systems and foreign licensing choices (2017)
Journal Article
Tsai, Y., & Mukherjee, A. (in press). Domestic patenting systems and foreign licensing choices. Journal of Economics, https://doi.org/10.1007/s00712-017-0523-y

This paper examines a foreign technology holder’s licensing choices between royalty and fixed-fee scheme. We emphasize that foreign licensor chooses the quality of licensed technology when the licensee country does not implement perfect intellectual... Read More about Domestic patenting systems and foreign licensing choices.

Price vs. quantity competition in a vertically related market revisited (2017)
Journal Article
Basak, D., & Mukherjee, A. (2017). Price vs. quantity competition in a vertically related market revisited. Economics Letters, 153, https://doi.org/10.1016/j.econlet.2017.01.021

In a recent paper, Alipranti et al. (2014, Price vs. quantity competition in a vertically related market, Economics Letters, 124: 122-126) show that, in a vertically related market, Cournot competition yields higher social welfare than Bertrand compe... Read More about Price vs. quantity competition in a vertically related market revisited.

Labor unionization structure, innovation and welfare (2016)
Journal Article
Tien-Der, H., & Mukherjee, A. (2017). Labor unionization structure, innovation and welfare. Journal of Institutional and Theoretical Economics, 173(2), https://doi.org/10.1628/093245616X14785139493983

We show the effects of cooperation among the labour unions with complementary workers on innovation, consumer surplus and welfare. Although cooperation among the unions reduces wage, it may either increase or decrease the firm’s incentive for innovat... Read More about Labor unionization structure, innovation and welfare.

Market power of the input supplier, technology transfer and consumer welfare (2016)
Journal Article
Cao, J., & Mukherjee, A. (2017). Market power of the input supplier, technology transfer and consumer welfare. Manchester School, 85(4), 430-449. https://doi.org/10.1111/manc.12152

It is believed that market power of the input supplier, charging a linear price, is detrimental for the consumers since it creates the double marginalisation problem. We show that this view may not be true if the final goods producers can adopt strat... Read More about Market power of the input supplier, technology transfer and consumer welfare.

Product market cooperation, entry and consumer welfare (2016)
Journal Article
Liu, C., Mukherjee, A., & Wang, L. F. (2016). Product market cooperation, entry and consumer welfare. International Review of Economics and Finance, 44, 277-280. https://doi.org/10.1016/j.iref.2016.02.017

It is usually believed that product-market cooperation among the competing firms is detrimental for the consumers. We show that this view may not be true in an endogenously determined market structure. Product-market cooperation may benefit the consu... Read More about Product market cooperation, entry and consumer welfare.

Tariffs, technology licensing and adoption (2016)
Journal Article
Chen, H., Hwang, H., Mukherjee, A., & Shih, P. (2016). Tariffs, technology licensing and adoption. International Review of Economics and Finance, 43, 234-240. https://doi.org/10.1016/j.iref.2016.02.012

This paper develops a two-country Cournot duopoly model to investigate the implications of international technology licensing. It is shown that if the tariff imposed by the domestic country is high, it is optimal for the foreign firm to adopt an infe... Read More about Tariffs, technology licensing and adoption.

Intellectual Property Rights and the Quality of Transferred Technology in Developing Countries (2016)
Journal Article
Yang, L., Tsai, Y., & Mukherjee, A. (2016). Intellectual Property Rights and the Quality of Transferred Technology in Developing Countries. Review of Development Economics, 20(1), 239-249. doi:10.1111/rode.12218

This paper addresses the effects of a stronger patent system in developing countries on the quality of transferred technology and welfare. We show that a stronger patent system can reduce the quality of licensed technology. The presence of technology... Read More about Intellectual Property Rights and the Quality of Transferred Technology in Developing Countries.

Competition, foreign direct investment and welfare (2015)
Journal Article
Mukherjee, A., & Sinha, U. B. (2016). Competition, foreign direct investment and welfare. Economics Letters, 139, https://doi.org/10.1016/j.econlet.2015.12.013

In contrast to the usual belief, we show that a lower product-market competition may make the consumers better off and increase welfare when foreign firms strategically choose between export and foreign direct investment (FDI). A lower product-market... Read More about Competition, foreign direct investment and welfare.

Social efficiency of entry in a vertically related industry (2015)
Journal Article
Basak, D., & Mukherjee, A. (2016). Social efficiency of entry in a vertically related industry. Economics Letters, 139, https://doi.org/10.1016/j.econlet.2015.12.003

We provide a new perspective to the literature on social desirability of entry by showing that, if the input supplier has market power, social desirability of entry of the final goods producers depends on returns to scale. Entry in the final goods ma... Read More about Social efficiency of entry in a vertically related industry.

Labour Market Integration and Innovation: The Implications on Consumers (2015)
Journal Article
Chowdhury, M., & Mukherjee, A. (2016). Labour Market Integration and Innovation: The Implications on Consumers. Manchester School, 84(6), 771-794. doi:10.1111/manc.12132

We show the effects of labour market integration on consumers. Labour market integration allows the firms in the labour?recipient countries to hire skilled and unskilled workers at lower wages. If labour market integration creates the possibility of... Read More about Labour Market Integration and Innovation: The Implications on Consumers.

Host market competition, foreign FDI and domestic welfare (2015)
Journal Article
Tsai, Y., Mukherjee, A., & Chen, J. (2016). Host market competition, foreign FDI and domestic welfare. International Review of Economics and Finance, 42, 13-22. https://doi.org/10.1016/j.iref.2015.10.016

This paper studies the impact on domestic welfare and a foreign firm's entry mode of a greater host market competition. We find that a stronger domestic competition may attract or deter FDI. We also show that higher domestic competition can raise dom... Read More about Host market competition, foreign FDI and domestic welfare.

Horizontal merger under strategic tax policy (2015)
Journal Article
Liu, C., Mukherjee, A., & Wang, L. F. (2015). Horizontal merger under strategic tax policy. Economics Letters, 136, 184-186. doi:10.1016/j.econlet.2015.09.032

In a Cournot oligopoly with consumption externality, we show that the presence of a strategic tax policy increases the incentive for a horizontal merger compared to the situation with no tax policy. Thus, we point towards a new factor, viz., strategi... Read More about Horizontal merger under strategic tax policy.

Endogenous Market Structure, Trade Cost Reduction, and Welfare (2015)
Journal Article
Marjit, S., & Mukherjee, A. (2015). Endogenous Market Structure, Trade Cost Reduction, and Welfare. Journal of Institutional and Theoretical Economics, 171(3), 493-511. doi:10.1628/093245615x14322754804672

We show the long-run effects of a trade cost reduction in an oligopolistic industry. If the labor markets are competitive and the products are homogeneous, a lower transportation cost affects neither consumer surplus nor welfare of the importing coun... Read More about Endogenous Market Structure, Trade Cost Reduction, and Welfare.

Patent protection, innovation and technology licensing (2014)
Journal Article
Wang, L. F., & Mukherjee, A. (2014). Patent protection, innovation and technology licensing. Australian Economic Papers, 53(3-4), 245-254. doi:10.1111/1467-8454.12030

We show that the common wisdom suggesting higher investment in innovation under a stronger patent protection may not be true if the innovator can license its technology ex?post innovation. If the initial cost of production is high and the slope of th... Read More about Patent protection, innovation and technology licensing.