The impact of foreign multinationals in ICT sectors: A CGE evaluation

Antonio Gomez-Plana and María C. Latorre

No 332605, Conference papers from Purdue University, Center for Global Trade Analysis, Global Trade Analysis Project

Abstract: Foreign multinational enterprises (MNEs) play an important role in Information and Communication Technologies (ICT) sectors of the Spanish economy. However, our CGE simulations do not support the view that more foreign MNEs operating in those sectors imply a threat for employment. The important amount of net FDI inflows that Telecommunications has received in recent years would have helped to fight unemployment in Spain, while the decreases in FDI in Computer services would have contributed to the increase of the unemployment rate. In addition, our analysis of different levels of wage rigidity points out that with more rigid wages the effect of any shock in the economy is amplified. This latter outcomes holds both at the macro and microeconomic level.

Keywords: Research and Development/Tech Change/Emerging Technologies; Agribusiness (search for similar items in EconPapers)
Date: 2015
References: View complete reference list from CitEc
Citations:

Downloads: (external link)
https://ageconsearch.umn.edu/record/332605/files/7465.pdf (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:ags:pugtwp:332605

Access Statistics for this paper

More papers in Conference papers from Purdue University, Center for Global Trade Analysis, Global Trade Analysis Project Contact information at EDIRC.
Bibliographic data for series maintained by AgEcon Search ().