This article has been derived from my Ph. D. thesis,'The Impact of Tariff Protection on Indi... more This article has been derived from my Ph. D. thesis,'The Impact of Tariff Protection on Indian Industrial Growth, 19181939′(unpublished, University of Cambridge, 1976). I am grateful to Dr WJ Macpherson, Gonville and Caius College, Cambridge and Prof. MD Morris, ...
This paper argues that the liberalisation of foreign direct investment (FDI) has made labour cost... more This paper argues that the liberalisation of foreign direct investment (FDI) has made labour costs more important to domestic investment and long-run labour demand. It provides evidence from British and German data that is consistent with this view. First, high unit labour costs increase FDI outflows and lower FDI inflows. Second, the effect of unit labour costs on domestic manufacturing investment was more negative in the high-FDI 1980s than in the low-FDI 1970s, and this change was concentrated in high-FDI industries. The implied effect on longrun labour demand is substantial.
This paper argues that the liberalisation of foreign direct investment (FDI) has made labour cost... more This paper argues that the liberalisation of foreign direct investment (FDI) has made labour costs more important to domestic investment and long-run labour demand. It provides evidence from British and German data that is consistent with this view. First, high unit labour costs increase FDI outflows and lower FDI inflows. Second, the effect of unit labour costs on domestic manufacturing investment was more negative in the high-FDI 1980s than in the low-FDI 1970s, and this change was concentrated in high-FDI industries. The implied effect on longrun labour demand is substantial.
This article has been derived from my Ph. D. thesis,'The Impact of Tariff Protection on Indi... more This article has been derived from my Ph. D. thesis,'The Impact of Tariff Protection on Indian Industrial Growth, 19181939′(unpublished, University of Cambridge, 1976). I am grateful to Dr WJ Macpherson, Gonville and Caius College, Cambridge and Prof. MD Morris, ...
Tous droits réservés Fait aux États-Unis d'Amérique Premier tirage en anglais: septembre 1997; de... more Tous droits réservés Fait aux États-Unis d'Amérique Premier tirage en anglais: septembre 1997; deuxième tirage: décembre 1997 Premier tirage en français juillet 1998 La Société financière internationale (SFI), membre du Groupe la Banque mondiale, s'efforce de promouvoir le développement économique de ses pays membres en investissant dans le secteur privé. Elle est la plus importante source multilatérale de financement direct, sous forme de prêts et de prises de participation, pour les entreprises privées des pays en développement. Le Service-conseil pour l'investissement étranger est géré conjointement par la SFI et la BIRD.
... I. Sader, Frank. II. Wagle, Dileep M. HI. Foreign Investment Advisory Service. IV. Tide. ... ... more ... I. Sader, Frank. II. Wagle, Dileep M. HI. Foreign Investment Advisory Service. IV. Tide. ... Numerous individuals in the World Bank Group provided valuable comments during the writing of this paper. Special thanks go to Joel Bergsman, Boris Velic, and Jenny Wishart. ...
This paper argues that the liberalisation of foreign direct investment (FDI) has made labour cost... more This paper argues that the liberalisation of foreign direct investment (FDI) has made labour costs more important to domestic investment and long-run labour demand. It provides evidence from British and German data that is consistent with this view. First, high unit labour costs increase FDI outflows and lower FDI inflows. Second, the effect of unit labour costs on domestic manufacturing investment was more negative in the high-FDI 1980s than in the low-FDI 1970s, and this change was concentrated in high-FDI industries. The implied effect on longrun labour demand is substantial.
This article has been derived from my Ph. D. thesis,'The Impact of Tariff Protection on Indi... more This article has been derived from my Ph. D. thesis,'The Impact of Tariff Protection on Indian Industrial Growth, 19181939′(unpublished, University of Cambridge, 1976). I am grateful to Dr WJ Macpherson, Gonville and Caius College, Cambridge and Prof. MD Morris, ...
This paper argues that the liberalisation of foreign direct investment (FDI) has made labour cost... more This paper argues that the liberalisation of foreign direct investment (FDI) has made labour costs more important to domestic investment and long-run labour demand. It provides evidence from British and German data that is consistent with this view. First, high unit labour costs increase FDI outflows and lower FDI inflows. Second, the effect of unit labour costs on domestic manufacturing investment was more negative in the high-FDI 1980s than in the low-FDI 1970s, and this change was concentrated in high-FDI industries. The implied effect on longrun labour demand is substantial.
This paper argues that the liberalisation of foreign direct investment (FDI) has made labour cost... more This paper argues that the liberalisation of foreign direct investment (FDI) has made labour costs more important to domestic investment and long-run labour demand. It provides evidence from British and German data that is consistent with this view. First, high unit labour costs increase FDI outflows and lower FDI inflows. Second, the effect of unit labour costs on domestic manufacturing investment was more negative in the high-FDI 1980s than in the low-FDI 1970s, and this change was concentrated in high-FDI industries. The implied effect on longrun labour demand is substantial.
This article has been derived from my Ph. D. thesis,'The Impact of Tariff Protection on Indi... more This article has been derived from my Ph. D. thesis,'The Impact of Tariff Protection on Indian Industrial Growth, 19181939′(unpublished, University of Cambridge, 1976). I am grateful to Dr WJ Macpherson, Gonville and Caius College, Cambridge and Prof. MD Morris, ...
Tous droits réservés Fait aux États-Unis d'Amérique Premier tirage en anglais: septembre 1997; de... more Tous droits réservés Fait aux États-Unis d'Amérique Premier tirage en anglais: septembre 1997; deuxième tirage: décembre 1997 Premier tirage en français juillet 1998 La Société financière internationale (SFI), membre du Groupe la Banque mondiale, s'efforce de promouvoir le développement économique de ses pays membres en investissant dans le secteur privé. Elle est la plus importante source multilatérale de financement direct, sous forme de prêts et de prises de participation, pour les entreprises privées des pays en développement. Le Service-conseil pour l'investissement étranger est géré conjointement par la SFI et la BIRD.
... I. Sader, Frank. II. Wagle, Dileep M. HI. Foreign Investment Advisory Service. IV. Tide. ... ... more ... I. Sader, Frank. II. Wagle, Dileep M. HI. Foreign Investment Advisory Service. IV. Tide. ... Numerous individuals in the World Bank Group provided valuable comments during the writing of this paper. Special thanks go to Joel Bergsman, Boris Velic, and Jenny Wishart. ...
This paper argues that the liberalisation of foreign direct investment (FDI) has made labour cost... more This paper argues that the liberalisation of foreign direct investment (FDI) has made labour costs more important to domestic investment and long-run labour demand. It provides evidence from British and German data that is consistent with this view. First, high unit labour costs increase FDI outflows and lower FDI inflows. Second, the effect of unit labour costs on domestic manufacturing investment was more negative in the high-FDI 1980s than in the low-FDI 1970s, and this change was concentrated in high-FDI industries. The implied effect on longrun labour demand is substantial.
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