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Multinationals, skills, and wage elasticities

[Zeitschriftenartikel]

Nilsson Hakkala, Katariina; Heyman, Fredrik; Sjöholm, Fredrik

Zitationshinweis

Bitte beziehen Sie sich beim Zitieren dieses Dokumentes immer auf folgenden Persistent Identifier (PID):http://nbn-resolving.de/urn:nbn:de:0168-ssoar-215643

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Abstract The increase in foreign direct investments raises concerns about labor market consequences in many countries. It is feared that multinational firms are inclined to shift jobs abroad and increase job volatility. We use firm-level data to examine if multinationality and foreign ownership affect the wage elasticity of labor demand. Unlike previous studies, we distinguish the effect on different skill groups of employees. We find no general difference in wage elasticity between foreign and domestic firms but the wage elasticity is higher in multinational firms than in national firms, in particular for medium-skilled workers.
Thesaurusschlagwörter labor demand; direct investment; foreign investment; multinational corporations; wage; flexibility
Klassifikation Arbeitsmarktforschung; Wirtschaftswissenschaften
Freie Schlagwörter FDI; Cross-border acquisitions; Multinational enterprises; Foreign ownership; Labor demand; Skill groups; JEL classification: J23; F16; F21; F23
Sprache Dokument Englisch
Publikationsjahr 2010
Seitenangabe S. 263-280
Zeitschriftentitel Review of World Economics, 146 (2010) 2
DOI http://dx.doi.org/10.1007/s10290-009-0047-9
Status Postprint; begutachtet (peer reviewed)
Lizenz PEER Licence Agreement (applicable only to documents from PEER project)
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