期刊名称：Discussion Papers / Norwegian School of Economics and Business Administration
印刷版ISSN：0804-6824
出版年度：2001
卷号：2001
出版社：Bergen
摘要：In an uncertain business climate, multinational enterprises must take account
of future exit costs in deciding where to locate a branch plant. We study how
differences in national labour-market conditions between countries influence
this decision. Other things equal, the most attractive location has a flexible
labour market (low closure costs) together with a low opportunity cost of
employment (high unemployment). In a game between two countries, a nation
with an inflexible labour market and high unemployment will succeed in
attracting low-risk firms, while that with more flexible labour markets and low
unemployment will win the game for higher risk firms.
