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Globalization, Labor Market Regulation, and Firm Behavior

dc.contributor.authorMoritz Meyer
dc.contributor.authorPaul Vandenberg
dc.description.abstractThe paper analyzes the link between firm characteristics and labor market regulation in five Asian economies—Bangladesh, Indonesia, Pakistan, the Philippines, and Viet Nam. Labor market policies and labor standards do not only affects workers, but also influence firms’ investment and employment decisions. The empirical analysis uses information from enterprise surveys. Empirical results describe systematic differences in the perceived level of labor market regulation. Controlling for a wide set of firm characteristics, the perceived level of labor market regulation is found to vary between firms that participate in global trade as against those supplying the domestic market. The in-country location of a firm is also a significant determinant. The level of labor intensity explains variation in the reported level of labor market regulation between firms. Findings support a better understanding of the types of firms that find labor market regulation to be an obstacle to their operations, and can be used to design targeted policy interventions.
dc.publisherAsian Development Bank
dc.rightsCC BY 3.0 IGO
dc.titleGlobalization, Labor Market Regulation, and Firm Behavior
dc.typeWorking Papers
dc.subject.expertGlobal Development Learning Network
dc.subject.expertGlobalization And Development
dc.subject.expertInternational Development Strategy
dc.subject.expertPolicy Development
dc.subject.expertHuman Capital Development
dc.subject.expertHuman Development
dc.subject.expertHuman Resources Development
dc.subject.expertSkills Development
dc.subject.expertManagement Development
dc.subject.expertVocational Education
dc.subject.adbCurriculum development
dc.subject.adbEducational aid
dc.subject.adbEconomic development
dc.subject.adbIndustrial projects
dc.subject.adbCareer development
dc.subject.adbVocational education
dc.subject.adbVocational training
dc.subject.adbTechnological institutes
dc.subject.adbJob searching
dc.subject.adbLabor market
dc.subject.adbWork experience programs
dc.subject.naturalBusiness planning
dc.subject.naturalHuman rights and globalization
dc.subject.naturalOccupational training
dc.subject.naturalTechnological innovation
dc.subject.naturalLabor and globalization
dc.subject.naturalManpower policy
dc.subject.naturalLabor policy
dc.subject.naturalRural manpower policy
dc.subject.naturalCareer academies
dc.subject.naturalProfessional education
dc.title.seriesEconomics Working Papers
dc.title.volumeno 361
dc.contributor.imprintAsian Development Bank
oar.adminregionSouth Asia Region
oar.adminregionSoutheast Asia Region
oar.adminregionCentral West Asia Region
oar.countryViet Nam
oar.authorMeyer, Moritz
oar.authorVandenberg, Paul

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