Please use this identifier to cite or link to this item:
Title: Timing of environmental technological choice and trade unions' climate solidarity
Authors: Filippiadis, Eleftherios
Asproudis, Elias
Tian, Mo
Type: Article
Subjects: FRASCATI::Social sciences::Economics and Business::Economics
Keywords: Green trade unions
Climate solidarity
Environmental technology
Issue Date: 22-Sep-2022
Publisher: Science Direct
Source: Technological Forecasting and Social Change
Volume: 182
First Page: 121801
Abstract: We consider a Cournot duopoly consisting of two geographically separated firms, each associated with a local environmental-friendly trade union that exhibits climate solidarity. In the basic model, firms choose abatement technologies prior to bargaining over wages and employment with the unions. We show that wage demanded is decreasing as the union's degree of climate solidarity increases, providing additional incentives for firms to adopt greener technology, hence improving the social welfare. In the alternative model, where trade unions decide the wages prior to the firms' abatement and employment decisions, the firms choose the dirtiest available technology implying that the union's climate solidarity has no effect on the firm's abatement decisions. These results suggest that establishing climate solidarity as a norm across trade unions can, depending on the timing of the environmental technological choice, become a powerful instrument in battling climate change, critically supplementing the as yet ineffective international policy framework.
ISSN: 0040-1625
Other Identifiers: 10.1016/j.techfore.2022.121801
Appears in Collections:Department of Economics

Files in This Item:
File Description SizeFormat 
Timing of environmental technology under climate solidarity.pdf
  Until 2024-09-01
578,12 kBAdobe PDFView/Open Request a copy

Items in DSpace are protected by copyright, with all rights reserved, unless otherwise indicated.