Foreign direct investment, employment volatility and cyclical dumping
This paper analyzes the impact of foreign direct investment (FDI) on the patterns of cyclical dumping (exporting at a price below marginal cost). We consider a global economy where manufacturing is monopolistic-competitive, and productivity is subject to country- specific shocks. Labor is risk avers...
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Format: | Buch |
Sprache: | English |
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Cambridge, Mass.
1994
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Schriftenreihe: | National Bureau of Economic Research <Cambridge, Mass.>: NBER working paper series
4683 |
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