L'Investissement Des Multinationales Dans La Formation Du Capital Humain Des Pays En Développement Est-Il Toujours Souhaitable ?
AbstractIn this paper, we analyse the "direct investment v. export" decision of a multinational firm in competition with a potential entrant in a host country. We consider that there exists an asymmetry between the skills of workers from the host country and those of workers from the multinational's home country. We also give the multinational the possibility to choose and train a part of the hired workers when investing. We show that the low level of qualifications in the host country does not always compel the multinational to renounce direct investment. We also highlight that under the multinational's training assumption, the tariff-jumping investment can be welfare improving even if it excludes the local firm from the market.
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Bibliographic InfoArticle provided by Region et Developpement, LEAD, Universite du Sud - Toulon Var in its journal Région et Développement.
Volume (Year): 24 (2006)
Issue (Month): ()
FIRMES MULTINATIONALES; CAPITAL HUMAIN; FORMATION; POLITIQUE COMMERCIALE;
Find related papers by JEL classification:
- F12 - International Economics - - Trade - - - Models of Trade with Imperfect Competition and Scale Economies; Fragmentation
- J24 - Labor and Demographic Economics - - Demand and Supply of Labor - - - Human Capital; Skills; Occupational Choice; Labor Productivity
- O12 - Economic Development, Technological Change, and Growth - - Economic Development - - - Microeconomic Analyses of Economic Development
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- Zaiter Lahimer, Mahjouba, 2011. "L’impact des entrées de capitaux privés sur la croissance économique dans les pays en développement," Economics Thesis from University Paris Dauphine, Paris Dauphine University, number 123456789/7670 edited by Sterdyniak, Henri, March.
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