Aussenhandel und Auslandsproduktion im Dienstleistungssektor: Theorie und Empirie der Beschäftigungseffekte für die schweizerische Tourismusbranche
AbstractThis paper analyses the potential employment effects of foreign direct investment in the Swiss services industry. First, the theoretical analysis considers the consequences on domestic employment resulting from the specific characteristics of services compared with those of industrial goods. It is demonstrated that conventional research in this field systematically ignores important factors which influence domestic employment. We point out that, not only the degree of tradability of services, but also the mobility of consumers and producers, as well as the motives underlying the decisions for foreign investment have a crucial influence on the consequences to be expected for the domestic labour market. Second, an initial attempt is undertaken to empirically test our theoretical framework. It is shown for the Swiss tourism industry that the obtained results are to a large extent consistent with the theoretical predictions.
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Bibliographic InfoArticle provided by Swiss Society of Economics and Statistics (SSES) in its journal Swiss Journal of Economics and Statistics.
Volume (Year): 139 (2003)
Issue (Month): IV (December)
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More information through EDIRC
foreign direct investment; employment effects; services; tourism;
Find related papers by JEL classification:
- F21 - International Economics - - International Factor Movements and International Business - - - International Investment; Long-Term Capital Movements
- F23 - International Economics - - International Factor Movements and International Business - - - Multinational Firms; International Business
- J23 - Labor and Demographic Economics - - Demand and Supply of Labor - - - Labor Demand
- L80 - Industrial Organization - - Industry Studies: Services - - - General
- L83 - Industrial Organization - - Industry Studies: Services - - - Sports; Gambling; Restaurants; Recreation; Tourism
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