Unionised Labour Market and Strategic Production Decision of a Multinational

Unionised Labour Market and Strategic Production Decision of a Multinational
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工会劳动力市场与跨国公司的战略生产决策

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发表时间:
2008
期刊:
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通讯作者:
A. Mukherjee
A. Mukherjee
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文献类型:
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作者:
A. Mukherjee

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我表明,外国公司可以通过外国直接投资(FDI)和出口来销售相同的产品,这一决定取决于产品市场的规模。无论国内还是国外的劳动力市场是否有工会,这种情况都会发生。与现有的侧重于需求或成本不确定性下的风险分散的著作不同,我解释了外国直接投资和出口在一个确定性世界中的共存。工资率的内生决定对我的结果起着重要作用。我的分析显示了外国直接投资的固定成本和产品市场竞争对外国公司生产战略的影响。版权所有 © 作者。期刊汇编 © 英国皇家经济学会 2008 年。
I show that a foreign firm may sell the same product through both foreign direct investment (FDI) and export, and this decision depends on the size of the product market. It happens irrespective of whether the labour market in the domestic country or in the foreign country is unionised. Unlike the existing works focusing on risk diversification in presence of demand or cost uncertainty, I explain the co-existence of FDI and export in a world with certainty. The endogenous determination of the wage rate plays an important role for my results. My analysis shows the effects of the fixed cost of FDI and competition in the product market on the production strategy of the foreign firm. Copyright © The Author(s). Journal compilation © Royal Economic Society 2008.