Options
A race to the bottom in labour standards? An empirical investigation
Date Issued
2011-11
Date Available
2012-06-14T16:26:23Z
Abstract
Among the many concerns over globalization is that as nations compete for mobile firms, they will relax labour standards as a method of lowering costs and attracting investment.
Using spatial estimation on panel data for 148 developing countries over 18 years, we find that the labour standards in one country are positively correlated with the labour standards elsewhere (i.e. a cut in labour standards in other countries reduces labour standards in the country in question). This interdependence is more evident in labour practices (i.e. enforcement) than in labour laws. Further, competition is most fierce in those countries with already low standards.
Sponsorship
Not applicable
Type of Material
Working Paper
Publisher
University College Dublin. School of Economics
Series
UCD Centre for Economic Research Working Paper Series
WP11/23
Subject – LCSH
Labor laws and legislation
Investments, Foreign
Space in economics
Web versions
Language
English
Status of Item
Not peer reviewed
This item is made available under a Creative Commons License
File(s)
Owning collection
Views
2541
Acquisition Date
Mar 28, 2024
Mar 28, 2024
Downloads
862
Last Month
4
4
Acquisition Date
Mar 28, 2024
Mar 28, 2024