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dc.contributor.authorHaaland, Jan Ingvald Meidell
dc.contributor.authorWooton, Ian
dc.date.accessioned2006-08-10T11:26:25Z
dc.date.available2006-08-10T11:26:25Z
dc.date.issued2001-12
dc.identifier.issn0804-6824
dc.identifier.urihttp://hdl.handle.net/11250/162956
dc.description.abstractIn an uncertain business climate, multinational enterprises must take account of future exit costs in deciding where to locate a branch plant. We study how differences in national labour-market conditions between countries influence this decision. Other things equal, the most attractive location has a flexible labour market (low closure costs) together with a low opportunity cost of employment (high unemployment). In a game between two countries, a nation with an inflexible labour market and high unemployment will succeed in attracting low-risk firms, while that with more flexible labour markets and low unemployment will win the game for higher risk firms.en
dc.format.extent106286 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.ispartofseries2001:35en
dc.subjectmultinational firmsen
dc.subjectentryen
dc.subjectexiten
dc.subjectuncertaintyen
dc.subjectinvestment subsidiesen
dc.titleMultinational investment, industry risk, and policy competitionen
dc.typeWorking paperen


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