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    题名: Outward foreign direct investment and inward international labor migration: substitutes or complements?
    作者: Tsai, Pan-long;Tsay, Ching-lung
    贡献者: 淡江大學亞洲研究所
    关键词: foreign direct investment;international labor migration;guest workers
    日期: 2008-04-02
    上传时间: 2011-10-20 14:17:23 (UTC+8)
    出版者: Abingdon, Oxon: Routledge
    摘要: Motivated by the positive relationship between outward FDI and inward ILM observed in Taiwan in the 1990s, this study proposed a formal model to explain the phenomenon. With deterioration in international competitiveness owing to a continuing rise in the domestic wage rate and/or appreciation of the domestic currency, it was shown that relocating production abroad is a natural reaction by manufacturing firms unless a sufficient number of guest workers can be imported. As the importation of labor was restricted to a level lower than that required for maintaining international competitiveness, a simultaneous increase in outward FDI and inward ILM would appear. When labor inflows are limited, importing guest workers can lead to more employment of the domestic labor if the demand for labor is sufficiently elastic.
    關聯: International Economic Journal 22(1), pp.127-139
    DOI: 10.1080/10168730801887125
    显示于类别:[亞洲研究所] 期刊論文

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