ARTÍCULO
TITULO

Thailand?s Minimum Wage Increase of 2013: Impacts on Foreign Direct Investment

Aikaparb Michael Fuangfoo    

Resumen

This analysis investigates possible foreign direct investment (FDI) impacts and initial shock due to Thailand?s 39.5 percent minimum wage increase in 2013. Determining FDI factors and influences after the nationwide policy was implemented is important because wages are a vital component of foreign investment. Thailand holds a certain competitive advantage due to relatively low wages compared to certain countries, which could have an impact on FDI. FDI can be gauged as a measurement for the presence of multinational corporations (MNCs) and may be interpreted as a level of influence in the country; Thailand?s economy and long-term growth relies heavily on FDI which could foster increases in technology transfers, infrastructure, and quality of living.Keywords: Foreign Direct Investment, Minimum Wage, Multinational Corporations, Technology Transfers, Protectionism, Trans-Pacific PartnershipJEL Classifications: E22, E24, F14, F16, F21, F23, P45

 Artículos similares

       
 
Virginia TSOUKATOU     Pág. 323 - 343
JEL. O10, J10, E50.

 
Peter Stallinga     Pág. Page:1 - 12Abstract

 
Jumhur Tegep,Eddy Suratman,Sukma Indra     Pág. 154 - 161
This research aims to discover and test macroeconomic variables which can mediate the relationship between Foreign Direct Investment (FDI) and unemployment rate in Indonesia. Employing integrated alternative model using macroeconomic variable as mediatin... ver más

 
Ricardo Nogales, Pamela Córdova, Manuel Urquidi     Pág. 61 - 87
In this paper we assess the relationship between labor policies and market outcomes in Bolivia, accounting for a large informal sector mostly comprised of self-employed entrepreneurs. We calibrate a job search and matching model to reproduce labor market... ver más

 
Andi Yhudo Wijayanto, Dyah Wulan Sari     Pág. 290 - 300
This study analyze the influence of demographic, social, and economic characteristics on the decision to work of female workers in Indonesia. Based on the data of the National Labor Force Survey (Sakernas) August 2017, this study is conducted by using mu... ver más