G2TT
来源类型Discussion paper
规范类型论文
来源IDDP7628
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
URLhttps://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.
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