A Model of Industrialization and International Wage Convergence Based on Multi-Plant Foreign Direct Investment
We show that for industrialization and international wage convergence through multi-plant foreign direct investment (FDI) to occur, the measure of the quality of the social infrastructure in the South relative to that in the North must be at least as large as the South-North wage ratio. We also show...
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| Main Authors: | , |
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| Format: | text |
| Language: | English |
| Published: |
Institutional Knowledge at Singapore Management University
2002
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| Subjects: | |
| Online Access: | https://ink.library.smu.edu.sg/soe_research/1187 https://ink.library.smu.edu.sg/context/soe_research/article/2186/viewcontent/Multi_plant_D7.pdf |
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| Institution: | Singapore Management University |
| Language: | English |