Blar i NORCE vitenarkiv på forfatter "Lommerud, Kjell Erik"
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Downstream Merger with Upstream Market Power
Lommerud, Kjell Erik; Straume, Odd Rune; Sørgard, Lars (Working paper, Working paper, 2003-12)We examine how a downstream merger affects input prices and, in turn, the profitability of a such a merger under Cournot competition with differentiated products. Input suppliers can be interpreted as ordinary upstream ... -
Globalisation and Union Opposition to Technological Change
Lommerud, Kjell Erik; Meland, Frode; Straume, Odd Rune (27-2004, Working paper, 2004-12)We find that trade unions have a rational incentive to oppose the adoption of labour-saving technology when labour demand is inelastic and unions care much for employment relative to wages. Trade liberalisation typically ... -
National Versus International Mergers in Unionised Oligopoly
Lommerud, Kjell Erik; Straume, Odd Rune; Sørgard, Lars (21-2004, Working paper, 2004-12)We analyse how the presence of trade unions affects the pattern of mergers in an international oligopoly and the welfare implications thereof. We find that wages for the merger participants are always lower when they merge ... -
Unionised Oligopoly, Trade Liberalisation and Location Choice
Lommerud, Kjell Erik; Meland, Frode; Sørgard, Lars (3-2003, Working paper, 2003-03)In a two-country reciprocal dumping model, with one country unionized, we analyze how wage setting and firm location are influenced by trade liberalization. We show that trade liberalization can induce FDI, which is at ...