ABSTRACT
In the American studies from the early 1970s which have already been referred to in Chapter 6, it was assumed that the effects of an outflow of direct investments on exports and on employment were analogous. It was argued that if exports increased, greater production in the home country can be assumed, which in turn, requires more personnel. Thus it should be possible to calculate the increase in employment on the basis of the figures for export increases. However, as indicated earlier, the correlation between the Swedish industry's production volume and the number of employees has become progressively weaker in the post-war period. Increased exports do not necessarily result in a corresponding increase in employment in industry. It would therefore be more correct to say that increased production resulting from any possible positive export effects tends to counteract a reduction in employment, rather than creating an increase in employment.
