A race to the bottom in labor standards?

• Verfasst von: Davies, Ronald B. [VerfasserIn]
• Verfasst von: Vadlamannati, Krishna Chaitanya [VerfasserIn]
• Titel: A race to the bottom in labor standards?
• Titelzusatz: an empirical investigation
• Verf.angabe: Ronald B. Davies, Krishna Chaitanya Vadlamannati
• E-Jahr: 2013
• Jahr: 21 January 2013
• Umfang: 14 S.
• Fussnoten: Gesehen am 10.12.2020
• Titel Quelle: Enthalten in: Journal of development economics
• Ort Quelle: Amsterdam [u.a.] : Elsevier, 1974
• Jahr Quelle: 2013
• Band/Heft Quelle: 103(2013), Seite 1-14
• ISSN Quelle: 0304-3878
• DOI: doi:10.1016/j.jdeveco.2013.01.003
• Schlagwörter: (k)OECD / (s)Mitgliedsstaaten / (s)Arbeitsbedingungen / (s)Direktinvestition / (s)Investitionshilfe / (s)Kausalität / (s)Internationaler Vergleich / (s)Empirie / (s)Mathematisches Modell
• Datenträger: Online-Ressource
• Sprache: eng
• Bibliogr. Hinweis: Erscheint auch als : Druck-Ausgabe: Davies, Ronald B., 1971 - : A race to the bottom in labor standards?. - 2013
• Sach-SW: Competition for FDI
• Sach-SW: Labor standards
• Sach-SW: Spatial econometrics
• K10plus-PPN: 1742430228

Abstract

One of the concerns over globalization is that as nations compete for investment, they relax labor standards to attract firms. Using spatial estimation on panel data for 135 countries over 17years, we find that the labor standards in one country are positively correlated with those elsewhere (i.e. a cut in labor standards in other countries reduces labor standards in the country in question). This interdependence is more evident in labor practices (i.e. enforcement) than in labor laws. Further, while we find evidence of competition in both developed and developing countries, it is strongest among developing countries with weak standards.