Labor Costs and Foreign Direct Investment: A Panel VAR Approach
Selin Sayek Böke
- Publisher: MDPI AG
foreign direct investment | labor cost | panel VAR | Impulse Response Functions | Economics as a science | HB71-74
This paper examines the endogenous interaction between labor costs and Foreign Direct Investment (FDI) in the OECD countries via the Panel VAR approach under system GMM estimates for the period 1995–2009. The available data allows identifying the relevance of the compon...