To access the full text documents, please follow this link: http://hdl.handle.net/10230/1114

Employment protection, international specialization and innovation
Saint Paul, Gilles
Universitat Pompeu Fabra. Departament d'Economia i Empresa
We develop a model to analyse the implications of firing costs on incentivesfor R&D and international specialization. The Key idea is paying the firingcost, the country with a rigid labor market will tend to produce relativelysecure goods, at a late stage of their product life cycle.Under international trade, an international product cycle emerges where,roughly, new goods are first produced in the low firing cost country willspecialize in 'secondary innovations', that is, improvements in existinggoods, while the low firing cost country will more specialize in 'primaryinnovation', that is, invention of new goods.
2005-09-15
Macroeconomics and International Economics
employment protection
innovation
r&d
international product cycle
labour market flexibility
L'accés als continguts d'aquest document queda condicionat a l'acceptació de les condicions d'ús establertes per la següent llicència Creative Commons
http://creativecommons.org/licenses/by-nc-nd/3.0/es/
Working Paper
         

Show full item record

 

Coordination

 

Supporters