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来源类型 | Discussion paper |
规范类型 | 论文 |
来源ID | DP7628 |
DP7628 Employment Protection Legislation, Multinational Firms and Innovation | |
Rachel Griffith; Gareth Macartney | |
发表日期 | 2010-01-10 |
出版年 | 2010 |
语种 | 英语 |
摘要 | The theoretical effects of labour regulations such as employment protection legislation (EPL) on innovation is ambiguous, and empirical evidence has thus far been inconclusive. EPL increases job security and the greater enforceability of job contracts may increase worker investment in innovative activity. On the other hand EPL increases adjustment costs faced by firms, and this may lead to under-investment in activities that are likely to require adjustment, including technologically advanced innovation. In this paper we find empirical evidence that both effects are at work - multinational enterprises locate more innovative activity in countries with high EPL, however they locate more technologically advanced innovation in countries with low EPL. |
主题 | Public Economics |
关键词 | Employment protection Innovation Multinational firm location |
URL | https://cepr.org/publications/dp7628 |
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/536465 |
推荐引用方式 GB/T 7714 | Rachel Griffith,Gareth Macartney. DP7628 Employment Protection Legislation, Multinational Firms and Innovation. 2010. |
条目包含的文件 | 条目无相关文件。 |
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