Labor Costs and Foreign Direct Investment: A Panel VAR Approach

This paper examines the endogenous interaction between labor costs and Foreign Direct Investment (FDI) in the OECD countries via the Panel VAR approach under system GMM estimates for the period 1995–2009. The available data allows identifying the relevance of the components of labor costs, and allow...

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Bibliographic Details
Main Authors: Bahar Bayraktar-Sağlam, Selin Sayek Böke
Format: Article
Language:English
Published: MDPI AG 2017-09-01
Series:Economies
Subjects:
Online Access:https://www.mdpi.com/2227-7099/5/4/36