Labor protection, labor costs, and China's outward foreign direct investment

被引：6

作者：

Li, Zheng ^{[1
]}

Gao, Shan ^{[2
]}

Song, Shunfeng ^{[3
,4
]}

机构：

[1] Fujian Jiangxia Univ, Sch Econ & Trade, Fuzhou 350108, Peoples R China

[2] Minjiang Univ, Sch Econ & Management, Fuzhou 350108, Peoples R China

[3] Univ Nevada, Coll Business, Dept Econ, Reno, NV 89557 USA

[4] Nanjing Audit Univ, Inst Urban Dev, Nanjing 211815, Peoples R China

来源：

INTERNATIONAL REVIEW OF ECONOMICS & FINANCE | 2023年 / 84卷

关键词：

Labor contract law; Labor cost; Labor protection; Outward foreign direct investment; EMPLOYMENT PROTECTION; LOCATION CHOICE; MINIMUM-WAGES; FDI; EXPORT; LEGISLATION; COUNTRIES; FIRMS; STAY;

D O I：

10.1016/j.iref.2022.11.022

中图分类号：

F8 [财政、金融];

学科分类号：

0202 ;

摘要：

Considering the 2008 Labor Contract Law as a quasi-natural experiment, this paper constructs a double difference model to examine the relationships among labor protection, labor costs, and China's outward foreign direct investment (OFDI). First, we theoretically study the mechanism of the impacts of labor protection. Then, we empirically confirm that the 2008 Labor Law significantly increased China's OFDI, and that this effect is heterogeneous among different firms. Our empirical evidence further suggests that the law increased the probability of Chinese enterprises' OFDI by increasing firms' wages, fixed labor costs, and the level of labor protection.

引用

页码：444 / 459

页数：16

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