G2TT
来源类型FEEM working papers "Note di lavoro" series
规范类型论文
Asymmetric Labor Markets, Southern Wages, and the Location of Firms
Alireza Naghavi
发表日期2005
出处Economy and Society
出版年2005
语种英语
摘要This paper studies the behavior of firms towards weak labor rights in developing countries (South). A less than perfectly elastic labor supply in the South gives firms oligopsonistic power tempting them to strategically reduce output to cut wages. In an open economy, competitors operating in perfectly competitive labor markets meanwhile enjoy less aggressive competitors and raise output. Finally, competition effect reduces the ex-post output of a relocating firm. These effects reduce relative profitability of the South casting doubts on traditional beliefs that multinationals are attracted to regions with lower wages. Adopting a minimum wage unambiguously enhances Southern competitiveness and welfare.
特色分类J80,F23,J42,F12,R38,L13
关键词Labor standards,Labor market imperfection,Oligopsony,Location of firms,Minimum wages,Strategic behavior,Multinationals,Southern welfare
URLhttps://www.feem.it/en/publications/feem-working-papers-note-di-lavoro-series/asymmetric-labor-markets-southern-wages-and-the-location-of-firms/
来源智库Fondazione Eni Enrico Mattei (Italy)
资源类型智库出版物
条目标识符http://119.78.100.153/handle/2XGU8XDN/117130
推荐引用方式
GB/T 7714
Alireza Naghavi. Asymmetric Labor Markets, Southern Wages, and the Location of Firms. 2005.
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