Year: 1999
Type: article
Abstract: Using data on union certification elections, we estimate the impact of unionization on firms' investment behavior. Employing both a standard q model and an “investment surprises” technique, we find that union certification significantly reduces investment in the year following the election. We find that a winning certification election has, on average, about the same effect on investment in the year following the event as would—given the elasticity measures taken from the public finance literature—a 33 percentage‐point increase in the corporate tax. The magnitude of the response in years further away from the election is less certain.
Source: Journal of Labor Economics
DOI: 10.1086/209931
Authors: Bruce C. Fallick, Kevin A. Hassett
Language: English
Topic: Labor Movements and Unions
Subfield: Public Administration
Field: Social Sciences
Domain: Social Sciences
Open Access status: green
OpenAlex ID: W3020863142