Industrial Relations Systems and US Foreign Direct Investment Abroad

Five readily distinguishable industrial relations systems are identified based on differences in education levels, hourly compensation costs and various government and collective bargaining constraints placed on management's freedom to set the terms and conditions of employment. A model of foreign direct investment (FDI) that incorporates these key industrial relations variables is then specified and tested against US FDI across a sample of nine industries and 33 industrialized and developing countries. The industrial relations system variables significantly influence US FDI abroad. In particular, education is negatively related to FDI across low skill–low wage countries but is positively related to FDI across high skill–high wage countries. Higher hourly compensation costs (apparently capturing higher productivity) are associated with greater FDI. Whereas government restrictions on layoffs, union penetration and centralized negotiation structures are negatively related to US FDI, the ratification of ILO standards and works council policies are positively related to US FDI. Based on these findings, the FDI attractiveness of industrial relations systems are compared and policy implications discussed.     

澳大利亚选煤技术的最新发展

文章概况地介绍了澳大利亚煤炭工业所发生的一系列变化,并列举了目前煤炭产量的统计数据.文还介绍了一些新建洗煤厂以及所采用的洗选工艺,总结了有关重介加工、粉煤处理、浮选和脱水的最新技术进展.     

Recent Developments in the German Apprenticeship System

After passing through a period of relative crisis in the first half of the 1980s, by the end of the decade the 'dual system' appeared once again capable of providing Germany with the highly skilled work force it needed to meet the challenges of the twenty-first century. This paper reviews the changing nature of apprenticeships and apprentices that has taken place over the last decade and the responses of government, the training authorities and employers to the sharp decline in the number of young people entering the labour market in recent years. Particular attention is given to the process of reforming and updating training regulations — a major concern of the parties involved in training over the last two decades. Finally, the paper suggests that unification of the two Germanies makes the future of the youth labour market and the labour market for skilled workers very unclear.     

Transaction Cost Economics: Recent Developments

Review of Industrial Organization -