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Capital outflow and unemployment: evidence from panel data
被引:3
|作者:
Lin, Mei-Yin
[2
]
Wang, Jue-Shyan
[1
]
机构:
[1] Natl Chengchi Univ, Dept Publ Finance, Taipei, Taiwan
[2] Shih Hsin Univ, Dept Econ, Taipei, Taiwan
关键词:
D O I:
10.1080/13504850600993655
中图分类号:
F [经济];
学科分类号:
02 ;
摘要:
The effect of moving capital abroad on the domestic labour market is ambiguous. We examine the relation between capital outflow and unemployment with the use of panel data techniques. The result shows that in developing countries, the outward direct investment is beneficial to employment and the effect of portfolio investment abroad on domestic employment is negative. However, the association between outward investment and employment is insignificant in industrial countries.
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页码:1135 / 1139
页数:5
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