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dc.contributor.authorHaaland, Jan Ingvald Meidell
dc.contributor.authorWooton, Ian
dc.date.accessioned2006-08-08T07:07:39Z
dc.date.available2006-08-08T07:07:39Z
dc.date.issued2003-06
dc.identifier.issn0804-6824
dc.identifier.urihttp://hdl.handle.net/11250/162842
dc.description.abstractWe study how the labour market and industry uncertainty affect the investment decisions of multinational enterprises (MNEs). In an uncertain business climate, MNEs must take account of the future in deciding where to locate a branch plant. When wages are endogenously determined, both the opportunity cost of labour and redundancy payments influence the MNE’s decision. When countries compete for foreign investment, different national characteristics determine the winners in different industries. Differences in risk may draw MNEs to different locations. Firm-specific bargaining always offers an advantage, as the mix of current and future pay fully reflects the firm’s risk profile.en
dc.format.extent175451 bytes
dc.format.mimetypeapplication/pdf
dc.language.isoengen
dc.publisherNorwegian School of Economics and Business Administration. Department of Economicsen
dc.relation.ispartofseriesDiscussion paperen
dc.relation.ispartofseries2003:9en
dc.subjectmultinational firmsen
dc.subjectinvestment subsidiesen
dc.subjectentryen
dc.subjectexiten
dc.subjectuncertaintyen
dc.subjectwage determinationen
dc.titleDomestic labour markets and foreign direct investmenten
dc.typeWorking paperen


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