dc.contributor.author | Haaland, Jan Ingvald Meidell | |
dc.contributor.author | Wooton, Ian | |
dc.date.accessioned | 2006-08-10T11:26:25Z | |
dc.date.available | 2006-08-10T11:26:25Z | |
dc.date.issued | 2001-12 | |
dc.identifier.issn | 0804-6824 | |
dc.identifier.uri | http://hdl.handle.net/11250/162956 | |
dc.description.abstract | In 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.extent | 106286 bytes | |
dc.format.mimetype | application/pdf | |
dc.language.iso | eng | en |
dc.publisher | Norwegian School of Economics and Business Administration. Department of Economics | en |
dc.relation.ispartofseries | Discussion paper | en |
dc.relation.ispartofseries | 2001:35 | en |
dc.subject | multinational firms | en |
dc.subject | entry | en |
dc.subject | exit | en |
dc.subject | uncertainty | en |
dc.subject | investment subsidies | en |
dc.title | Multinational investment, industry risk, and policy competition | en |
dc.type | Working paper | en |