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Lai, Yu-Cheng
- Labour Cost & Foreign Direct Investment-Evidence from India
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Affiliations
1 Department of Finance, Shih Chien University Kaohsiung Campus, Neimen Shiang, Kaohsiung 845, TAIWAN, CN
2 Department of PM&IR, School of Business and Human Resources, XLRI Jamshedpur 831001, IN
1 Department of Finance, Shih Chien University Kaohsiung Campus, Neimen Shiang, Kaohsiung 845, TAIWAN, CN
2 Department of PM&IR, School of Business and Human Resources, XLRI Jamshedpur 831001, IN
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Indian Journal of Industrial Relations: Economics & Social Dev., Vol 46, No 3 (2011), Pagination: 396-411Abstract
This study measures the effect of labour cost on foreign direct investment in India and finds out whether the foreign owned firms pay higher wages than their domestic counterparts. The estimation has been done by the Ordinary Least Square (OLS) technique. Data suggest that after controlling the output, the lower average wage attracts foreign investment in a firm implying that India enjoys comparative advantages of low labour cost which enables her to lead in product competition globally. Second, Indian firms will have efficiency wage to encourage employees to produce higher output. In addition, the foreign owned firms in India pay higher wages than their domestic counterparts. The firms with higher ratio of foreign ownership pay more wages than the firms having lower ratio.
References
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- Labor Legislation, Educated Labor & Foreign Direct Investment in Manufacturing in Taiwan
Abstract Views :216 |
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Authors
Affiliations
1 Department of Finance, Shih Chien University, Kaohsiung Campus,372 Minchuing Second Road, Kaohsiung 806, TW
2 XLRI Jamshedpur, School of Business and Human Resources,Jamshedpur 831001, IN
1 Department of Finance, Shih Chien University, Kaohsiung Campus,372 Minchuing Second Road, Kaohsiung 806, TW
2 XLRI Jamshedpur, School of Business and Human Resources,Jamshedpur 831001, IN
Source
Indian Journal of Industrial Relations: Economics & Social Dev., Vol 55, No 1 (2019), Pagination: 39-53Abstract
This study shows that educated labor is an important factor for output spill over and the sectors or firms in Taiwan with higher percentage of educated workforce have exerted a greater pull on foreign investment, whereas the local Taiwanese firms with higher percentage of educated workforce were unlikely to invest abroad. It was found that initially both foreign and domestic firms have reduced their investments when government introduced new legislations to regulate working conditions and employment practices in Taiwan. But when the government continued introducing more stringent labor standards, the country witnessed an upsurge in inflows of investment over a period of time and the domestic firms began investing abroad instead of concentrating in the home country.References
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- Wage Premium via Education &Gender Difference through Labor Disputes on OFDI in Taiwan ROC
Abstract Views :48 |
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Authors
Affiliations
1 Department of Finance, Shih Chien University Kaohsiung Campus, No. 200 University Rd, Neimen Shiang, Kaohsiung 845, TW
1 Department of Finance, Shih Chien University Kaohsiung Campus, No. 200 University Rd, Neimen Shiang, Kaohsiung 845, TW
Source
Indian Journal of Industrial Relations: Economics & Social Dev., Vol 56, No 4 (2021), Pagination: 609-624Abstract
We studied specific labor market outcomes to ascertain and compare the effects of labor laws (contemplating the cases of labor disputes) and the effect of education of labor on wage in Taiwan. The rising cases of labor disputes have also made certain amount of positive impact on the wages of educated workers in the outward FDI intensive industries in Taiwan. The country has time and again resisted stern enforcement of labor regulations as it believed that stringent conditions would bring in additional wage premium via educational difference, thus compelling the domestic firms to move outside Taiwan. It also created a narrow difference between gender on wage premium because of educational qualification where wages of women workers had increased more than mens wages.References
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