The dark side of finance: the link between financialisation and labour investment in emerging Asian countries

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Tarih

2024

Dergi Başlığı

Dergi ISSN

Cilt Başlığı

Yayıncı

Springer

Erişim Hakkı

info:eu-repo/semantics/closedAccess

Özet

This study explores the effect of financialisation on labour investment for emerging Asian economies. Focusing on firms operating in non-financial sectors, this study explores the financialisation-labour investment relationship for Hong Kong, South Korea, Taiwan, Indonesia, Malaysia, and India during the period from 1999 to 2023. This study employs a panel regression methodology to explore the link between financialisation and labour investment. The findings indicate that financialisation can exert a negative influence on the labour investment of manufacturing firms in these emerging Asian economies. The findings of the study are also not sensitive to different robustness checks. This paper sheds new lights on the effects of financialisation on labour investment within emerging economies.

Açıklama

Anahtar Kelimeler

Labour investment, Financialisation, Emerging Asian countries, Manufacturing firms, Panel data analysis, O16, G3, J23

Kaynak

Economic Change and Restructuring

WoS Q Değeri

N/A

Scopus Q Değeri

Q2

Cilt

57

Sayı

6

Künye