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来源类型Working Paper
规范类型报告
DOI10.3386/w9339
来源IDWorking Paper 9339
Economic Insecurity and the Globalization of Production
Kenneth Scheve; Matthew Slaughter
发表日期2002-11-18
出版年2002
语种英语
摘要A common claim in debates about globalization is that economic integration increases worker insecurity. Although this idea is central to both political and academic debates about international economic integration, the theoretical basis of the claim is often not clear. There is also no empirical research that has directly tested the relationship. In this paper, we argue that economic insecurity among workers may be related to riskier employment and/or wage outcomes, and that foreign direct investment may be a key factor contributing to this increased risk by making labor demands more elastic. We present new empirical evidence, based on the analysis of panel data from Great Britain collected from 1991-1999, that FDI activity in the industries in which individuals work is positively correlated with individual perceptions of economic insecurity. This relationship holds in yearly cross-sections, in a panel accounting for individual-specific effects, and in a dynamic panel model also accounting for individual-specific effects.
主题International Economics ; International Factor Mobility ; Labor Economics ; Labor Compensation
URLhttps://www.nber.org/papers/w9339
来源智库National Bureau of Economic Research (United States)
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条目标识符http://119.78.100.153/handle/2XGU8XDN/566955
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Kenneth Scheve,Matthew Slaughter. Economic Insecurity and the Globalization of Production. 2002.
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