G2TT
来源类型Discussion paper
规范类型论文
来源IDDP4864
DP4864 Policy-oriented Parties and the Choice Between Social and Private Insurance
Jean Hindricks; Philippe De Donder
发表日期2005-01-23
出版年2005
语种英语
摘要We examine how globalization affects firms? incentives to provide general worker training. We consider a three-stage game. In stage 1, firms invest in productivity-enhancing training. In stage 2, they can make wage offers for each others? workers. Finally, Cournot competition takes place. When two product markets become integrated, that is, replaced by a market with greater demand and more firms, training by each firm increases, provided the two markets are sufficiently small. When barriers between large markets are eliminated, training is reduced. Integration increases welfare if it does not reduce training. However, for large parameter regions, welfare falls if integration reduces training. We also show that opening markets to countries with publicly funded training or cheap, low-skilled labour can threaten apprenticeship systems.
主题Industrial Organization
关键词General worker training Human capital Oligopoly Turnover Globalization
URLhttps://cepr.org/publications/dp4864
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/533771
推荐引用方式
GB/T 7714
Jean Hindricks,Philippe De Donder. DP4864 Policy-oriented Parties and the Choice Between Social and Private Insurance. 2005.
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