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PRODUCTIVITY AND LABOUR DEMAND EFFECTS OF INWARD AND OUTWARD FOREIGN DIRECT INVESTMENT ON UK INDUSTRY

机译:外来直接投资对英国工业的生产率和劳动需求的影响

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摘要

We relate the technological and factor price determinants of inward and outward foreign direct investment (FDI) to its potential productivity and labour market effects on both host and home economies. This allows us to distinguish clearly between technology-sourcing and technology-exploiting FDI, and to identify FDI that is linked to labour cost differentials. We then empirically examine the effects of different types of FDI into and out of the UK on domestic (i.e. UK) productivity and on the demand for skilled and unskilled labour at the industry level.
机译:我们将外来直接投资(FDI)的技术和要素价格决定因素与其对东道国和本国经济的潜在生产率和劳动力市场影响联系起来。这使我们能够清楚地区分技术采购和技术开发外国直接投资,并确定与劳动力成本差异相关的外国直接投资。然后,我们以经验的方式考察流入和流出英国的不同类型的FDI对国内(即英国)生产率以及行业水平上对熟练工人和非熟练工人的需求的影响。

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