Sendikalaşma Oranı Sermaye Kaçışını Hızlandırır mı?: Panel Analiz

Doğrudan yabancı sermaye için ülkedeki ekonomik ve siyasi istikrar, piyasanın yapısı ve büyüklüğü ve dışa açıklığı, vergi avantajlarını içeren çeşitli düzenlemeler önem kazanmaktadır. Doğrudan yabancı sermaye yatırımlarının çıkış ülkeleri için belirleyicilerinden biri de ev sahibi ülkedeki sendikalaşma eğilimidir. Sendikalaşma çalışanlara ücret artışı ve bazı ek faydalar sağlamakla birlikte işverenler açısından da ilave mali yükümlülüklere ve dolayısıyla kârlılığın azalmasına neden olur. Böylece yatırım yapma arzusu azalan girişimciler, yatırımlarını yurtdışına yönlendirebilirler. Bundan dolayı sendikalaşma oranı, yatırımcıların cesaretini azaltarak sermaye kaçışını hızlandırabilir. Bu çalışma, panel veri kullanılarak sendikalaşma oranı ve sermaye çıkışı arasındaki ilişkiyi araştırmaktadır. Bizim öncelikli beklentimiz, sendikalaşma oranı ve sermaye kaçışı arasında pozitif bir ilişkinin olduğu yöndedir. Literatürde konu ile ilgili elde edilen bulgular da, sendikaların her zaman, korumacı politikalar lehine hareket eden, hem serbest ticareti ve hem de doğrudan yabancı sermaye yatırımlarını destekleyen politikalara karşı direnç gösteren kuruluşlar olarak göstermektedir.

Does Unionization Rate Accelerate Flight of Capital?: Panel Analysis

Economic stability, political stability, market structure, market size, trade openness, and various regulations related to tax advantages have crucial importance to attract foreign direct investments (FDI) to an economy. In addition to the factor aforementioned, One of the other potential determinants for foreign direct investments (FDI) inflow might be the degree of unionization tendency in a particular host country. As unionization causes increase in the wages and brings some fringe benefits to labors which are extra financial burdens for employers, the profit of an enterprise reduces. Owing to this fact, willingness to invest of entrepreneurs diminishes and right after they may redirect their investment to abroad. Therefore, unionization rate may discourage investors and speed up the capital flight. This study investigates the association between unionization rate and capital outflow by using panel data. Our prior expectation is a positive relationship between unionization rate and capital flight. The findings obtained in the literature show that unions, always act in the favor of protective policies, resisted against policies which support both free trade and FDI.

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