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Union RentSeeking and the Economic
Union Coverage Among U S Firms
6 other sections not shown
2-digit industry accounting profit capital and R&D capital investment capital stock chapter collective bargaining Compustat correlated coverage data coverage variable decrease dependent variable economic performance effect of unions effects on firm effects on productivity effects on profitability employment equip estimated union effects estimates of union evidence Fabricated metal firm and industry firm profitability firm-specific firm's I-UN included industry categories industry dummies intangible capital labor unions long-lived lower marginal financing market value negative union nonunion companies opportunity cost percent physical capital productivity growth quasi-rents R&D intensity R&D investment R&D stock rates of return ratio regression results relationship relatively return on capital sales growth sample significantly source for union standard errors survey tion Tobin's q UN-LOW union and nonunion union appropriation union coefficient union companies union firms union gains union productivity effects union profit effects union rent-seeking union tax union wage union-nonunion differences value added workers