Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/22751 
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dc.contributor.authorLochner, Stefanen
dc.contributor.authorBroll, Udoen
dc.date.accessioned2009-01-29T15:08:07Z-
dc.date.available2009-01-29T15:08:07Z-
dc.date.issued2007-
dc.identifier.urihttp://hdl.handle.net/10419/22751-
dc.description.abstractOver the last decade, German multinationals created about two million jobs abroad with increasing foreign direct investment (FDI). While there are many reasons for firms to go multinational and probably just as many for Germany's high unemployment, this paper aims to investigate the relationship between domestic labour costs and foreign direct investment. We apply a theoretical model for an econometric analysis examining the determinants of FDI using panel data of German firms' foreign capital stocks in 22 countries between 1994 and 2003. Estimating elasticities, we find that while domestic wages do not significantly influence total FDI by German firms, they positively affect the FDI stock in countries where cheap labour is abundant. Thus, although Germany's high labour costs are not the sole driver of foreign direct investment, they may accelerate the outsourcing of German jobs.en
dc.language.isoengen
dc.publisher|aTechnische Universität Dresden, Fakultät Wirtschaftswissenschaften |cDresdenen
dc.relation.ispartofseries|aDresden Discussion Paper Series in Economics |x10/07en
dc.subject.jelF23en
dc.subject.jelF21en
dc.subject.jelF16en
dc.subject.ddc330en
dc.subject.keywordForeign direct investmenten
dc.subject.keywordwagesen
dc.subject.keywordtradeen
dc.subject.keywordGerman multinational firmsen
dc.subject.stwDirektinvestitionen
dc.subject.stwAuslandsproduktionen
dc.subject.stwLohnen
dc.subject.stwArbeitskostenen
dc.subject.stwSchätzungen
dc.subject.stwDeutschlanden
dc.titleGerman Foreign Direct Investment and Wages-
dc.typeWorking Paperen
dc.identifier.ppn541735179en
dc.rightshttp://www.econstor.eu/dspace/Nutzungsbedingungenen
dc.identifier.repecRePEc:zbw:tuddps:1007en

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