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Should I stay or should I go? A note on employment protection, domestic anchorage, and FDI

Dewit, Gerda; Görg, Holger; Montagna, Catia - 2003

This paper examines how employment protection legislation affects location decisions of multinationals. Based on a simple theoretical framework, we estimate an empirical model, using OECD-data on bilateral FDI-flows and employment protection indices. We find that, while an ?unfavourable?...

Persistent link: https://www.econbiz.de/10010265399

Employment Protection and Firm Relocation: Theory and Evidence

Dewit, Gerda; Görg, Holger; Temouri, Yama - 2018

We examine the determinants of the decision to relocate activities abroad for firms located in OECD countries. We argue that particular firm-specific features play a crucial role for the link between employment protection and relocation. Stricter employment protection laws over time in the...

Persistent link: https://www.econbiz.de/10011873504

Pandemic-Era Uncertainty

Meyer, Brent; Mihaylov, Emil; Barrero, Jose Maria; … - 2022

We examine several measures of uncertainty to make five points. First, equity market traders and executives at … nonfinancial firms have shared similar assessments about one-year-ahead uncertainty since the pandemic struck. Both the one …-year VIX and our survey-based measure of firm-level uncertainty at a one-year forecast horizon doubled at the onset of the …

Persistent link: https://www.econbiz.de/10013351768

A New Framework for the Analysis of Inequality

Cunha, Flavio; Heckman, James - Institute for the Study of Labor (IZA) - 2007

earnings variability are due to uncertainty and which components are due to components of human diversity that are forecastable …

Persistent link: https://www.econbiz.de/10005822493

Precautionary Savings by Natives and Immigrants in Germany

Piracha, Matloob; Zhu, Yu - Institute for the Study of Labor (IZA) - 2007

This paper analyses the savings behaviour of natives and immigrants in Germany. It is argued that uncertainty about …

Persistent link: https://www.econbiz.de/10005762210

Foreign Direct Investment and Domestic Entrepreneurship: Blessing or Curse?

Danakol, Seçil Hülya; Estrin, Saul; Reynolds, Paul; … - 2013

This paper explores the effects of foreign direct investment, measured by mergers and acquisitions, on domestic entrepreneurial entry. We use a micro‐panel of more than two thousand individuals disaggregated by industry in seventy countries including both developed and developing economies,...

Persistent link: https://www.econbiz.de/10010329213

Distance to the Efficiency Frontier and FDI Spillovers

Peter, Klara Sabirianova; Svejnar, Jan; Terrell, Katherine - 2004

We establish that domestically owned firms in two alternative models of emerging market economies, the Czech Republic and Russia, have not been converging to the technological frontier set by foreign owned firms. In both countries, the distance of domestic firms to the frontier grew (in all...

Persistent link: https://www.econbiz.de/10010262073

Much ado about nothing? Do domestic firms really benefit from foreign direct investment?

Görg, Holger; Greenaway, David - 2003

Governments the world over offer significant inducements to attract inward investment, motivated by the expectation of spillover benefits to augment the primary benefits of a boost to national income from new investment. This paper begins by reviewing possible sources of FDI induced spillovers....

Persistent link: https://www.econbiz.de/10010265405

Spillovers from foreign firms through worker mobility: an empirical investigation

Görg, Holger; Strobl, Eric - 2002

While there has been a large empirical literature on productivity spillovers from foreign to domestic firms this literature treats the channels through which these spillover effects work as a black box. This paper attempts to fill this gap in the literature. Our results suggest that firms which...

Persistent link: https://www.econbiz.de/10010265549

The Effects of Foreign Owned Firms on the Labor Market

Almeida, Rita K. - 2003

Cross sectional evidence shows that foreign firms have a more educated workforce and pay higher wages than domestic firms. These results do not necessarily imply that foreign direct investment translates into higher demand for educated workers or higher wages, however, since foreign investment...

Persistent link: https://www.econbiz.de/10010270574

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