| 来源类型 | Discussion paper |
| 规范类型 | 论文 |
| 来源ID | DP3137 |
| DP3137 Regional Convergence in Spain, 1965-95 | |
| Angel de la Fuente | |
| 发表日期 | 2002 |
| 出版年 | 2002 |
| 语种 | 英语 |
| 摘要 | 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. |
| 主题 | International Trade and Regional Economics |
| 关键词 | Multinational firms Investment subsidies Entry Exit Uncertainty |
| URL | https://cepr.org/publications/dp3137 |
| 来源智库 | Centre for Economic Policy Research (United Kingdom) |
| 资源类型 | 智库出版物 |
| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/532158 |
| 推荐引用方式 GB/T 7714 | Angel de la Fuente. DP3137 Regional Convergence in Spain, 1965-95. 2002. |
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