English, Article, Journal or magazine article edition: Employment Protection, International Specialization, and Innovation Gilles Saint Paul

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Bookmark: http://trove.nla.gov.au/version/153004
Physical Description
  • preprint
Language
  • English

Edition details

Title
  • Employment Protection, International Specialization, and Innovation
Author
  • Gilles Saint Paul
Physical Description
  • preprint
Notes
  • We develop a model to analyse the implications of firing costs on incentives for R&​D and international specialization. The Key idea is paying the firing cost, the country with a rigid labor market will tend to produce relatively secure goods, at a late stage of their product life cycle. Under international trade, an international product cycle emerges where, roughly, new goods are first produced in the low firing cost country will specialize in 'secondary innovations', that is, improvements in existing goods, while the low firing cost country will more specialize in 'primary innovation', that is, invention of new goods.
  • Employment protection, innovation, R&​D, international product cycle, labour market flexibility
  • RePEc:upf:upfgen:256
Language
  • English
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