Journal of CENTRUM Cathedra. Vol. 07, Issue 01

URI permanente para esta colecciónhttp://54.81.141.168/handle/123456789/194736

Tabla de Contenido
JCC Volume 7 - Issue 1 - 2014
  • Currency Choices in Valuation: An Approach for Emerging Markets L. Dumrauf, Guillermo; 1
  • Minimum Wage and Job Mobility in Peru Cespedes, Nikita; Sanchez, Alan; 2
  • Internationalization of Firms’ Activities and Company Union Wage Strategies Buccella, Domenico; 3
  • Positions on Regulations Affecting Auditing and Nonauditing Activities López Gavira, Rosario; Pérez López, José Ángel; Romero García, José Enrique; 4
  • Competitiveness among Higher Education Institutions: A Two-Stage Cobb-Douglas Model for Efficiency Measurement of Schools of Business Avilés-Sacoto, Sonia Valeria; Cook, W. D; Güemes-Castorena, David; 5

    • Explorar

    Filtros

    20141

    Ajustes

    Autorsearch.filters.applied.operator.equals: search.filters.author.Buccella, DomenicoFecha de inicio: 2014

    Resultados de Búsqueda

    Mostrando 1 - 1 de 1
    • Miniatura
      ÍtemAcceso Abierto
      Internationalization of Firms’ Activities and Company Union Wage Strategies
      (Pontificia Universidad Católica del Perú. CENTRUM, 2014) Buccella, Domenico
      Using a two-country duopoly model with homogeneous goods, firms’ decisions with respect to international activities (trade vs. foreign direct investment - FDI) in the presence of company-wide unions are analyzed. If firms export, they pay trade costs per unit of the goods exported. If firms invest and set up plants abroad, they incur sunk costs. The full set of production structures that arise as sub-game perfect Nash equilibriums are derived when internationalization is feasible. The interdependence of exogenous integration costs, endogenous union wage strategies, and firms’ strategic interactions affect the equilibrium outcome: either symmetric (intra-industry trade or reciprocal FDI) or multiple symmetric (intra-industry trade and reciprocal FDI) equilibriums exist.