期刊名称：Discussion Papers / Norwegian School of Economics and Business Administration
印刷版ISSN：0804-6824
出版年度：2003
卷号：2003
出版社：Bergen
摘要：We study how the labour market and industry uncertainty affect the investment
decisions of multinational enterprises (MNEs). In an uncertain business
climate, MNEs must take account of the future in deciding where to locate a
branch plant. When wages are endogenously determined, both the opportunity
cost of labour and redundancy payments influence the MNE’s decision. When
countries compete for foreign investment, different national characteristics
determine the winners in different industries. Differences in risk may draw
MNEs to different locations. Firm-specific bargaining always offers an
advantage, as the mix of current an d future pay fully reflects the firm’s risk
profile
