The Labor Market Effects of Foreign-Owned Firms
Foreign firms often have a more educated workforce and pay higher wages than domestic firms. This does not necessarily imply that foreign ownership translates into higher demand for educated workers or higher wages, since foreign investment may be...
| Main Author: | |
|---|---|
| Format: | Policy Research Working Paper |
| Language: | English en_US |
| Published: |
World Bank, Washington, D.C.
2013
|
| Subjects: | |
| Online Access: | http://documents.worldbank.org/curated/en/2004/05/4264194/labor-market-effects-foreign-owned-firms http://hdl.handle.net/10986/14087 |
| id |
okr-10986-14087 |
|---|---|
| recordtype |
oai_dc |
| spelling |
okr-10986-140872021-04-23T14:03:20Z The Labor Market Effects of Foreign-Owned Firms Almeida, Rita LABOR MARKETS LABOR FORCE POPULATION EMPLOYMENT OPPORTUNITIES FOREIGN COMPANIES ECONOMICALLY ACTIVE POPULATION WAGES AVERAGE PRODUCTIVITY CAPITAL MARKETS DOMESTIC FIRMS EFFICIENCY WAGE THEORY EMPIRICAL EVIDENCE EMPLOYMENT FINANCIAL SUPPORT FIRM SIZE FIRMS FOREIGN DIRECT INVESTMENT FOREIGN FIRM FOREIGN FIRMS FOREIGN INVESTMENT FOREIGN INVESTORS FOREIGN OWNERSHIP HUMAN CAPITAL INTERMEDIATE GOODS LABOR FORCE LABOR MARKET LABOR MARKETS LEGAL FRAMEWORK MANUFACTURING ESTABLISHMENTS MARKET OUTCOMES MINIMUM WAGES PRODUCTION PROCESS PRODUCTIVITY REAL WAGES STANDARD ERRORS TECHNOLOGICAL KNOWLEDGE WAGE DIFFERENTIALS WAGES Foreign firms often have a more educated workforce and pay higher wages than domestic firms. This does not necessarily imply that foreign ownership translates into higher demand for educated workers or higher wages, since foreign investment may be guided by unobservable firm characteristics correlated with the demand for educated workers or wages. The author examines foreign acquisitions of domestic firms in Portugal in the 1990s and finds small changes in the workforce skill composition and wages following acquisition. Foreign investors "cherry pick" domestic firms that are already very similar to the group of existing foreign firms. 2013-06-20T19:37:25Z 2013-06-20T19:37:25Z 2004-04 http://documents.worldbank.org/curated/en/2004/05/4264194/labor-market-effects-foreign-owned-firms http://hdl.handle.net/10986/14087 English en_US Policy Research Working Paper;No.3300 CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo/ World Bank World Bank, Washington, D.C. Publications & Research :: Policy Research Working Paper Publications & Research Europe and Central Asia Portugal |
| repository_type |
Digital Repository |
| institution_category |
Foreign Institution |
| institution |
Digital Repositories |
| building |
World Bank Open Knowledge Repository |
| collection |
World Bank |
| language |
English en_US |
| topic |
LABOR MARKETS LABOR FORCE POPULATION EMPLOYMENT OPPORTUNITIES FOREIGN COMPANIES ECONOMICALLY ACTIVE POPULATION WAGES AVERAGE PRODUCTIVITY CAPITAL MARKETS DOMESTIC FIRMS EFFICIENCY WAGE THEORY EMPIRICAL EVIDENCE EMPLOYMENT FINANCIAL SUPPORT FIRM SIZE FIRMS FOREIGN DIRECT INVESTMENT FOREIGN FIRM FOREIGN FIRMS FOREIGN INVESTMENT FOREIGN INVESTORS FOREIGN OWNERSHIP HUMAN CAPITAL INTERMEDIATE GOODS LABOR FORCE LABOR MARKET LABOR MARKETS LEGAL FRAMEWORK MANUFACTURING ESTABLISHMENTS MARKET OUTCOMES MINIMUM WAGES PRODUCTION PROCESS PRODUCTIVITY REAL WAGES STANDARD ERRORS TECHNOLOGICAL KNOWLEDGE WAGE DIFFERENTIALS WAGES |
| spellingShingle |
LABOR MARKETS LABOR FORCE POPULATION EMPLOYMENT OPPORTUNITIES FOREIGN COMPANIES ECONOMICALLY ACTIVE POPULATION WAGES AVERAGE PRODUCTIVITY CAPITAL MARKETS DOMESTIC FIRMS EFFICIENCY WAGE THEORY EMPIRICAL EVIDENCE EMPLOYMENT FINANCIAL SUPPORT FIRM SIZE FIRMS FOREIGN DIRECT INVESTMENT FOREIGN FIRM FOREIGN FIRMS FOREIGN INVESTMENT FOREIGN INVESTORS FOREIGN OWNERSHIP HUMAN CAPITAL INTERMEDIATE GOODS LABOR FORCE LABOR MARKET LABOR MARKETS LEGAL FRAMEWORK MANUFACTURING ESTABLISHMENTS MARKET OUTCOMES MINIMUM WAGES PRODUCTION PROCESS PRODUCTIVITY REAL WAGES STANDARD ERRORS TECHNOLOGICAL KNOWLEDGE WAGE DIFFERENTIALS WAGES Almeida, Rita The Labor Market Effects of Foreign-Owned Firms |
| geographic_facet |
Europe and Central Asia Portugal |
| relation |
Policy Research Working Paper;No.3300 |
| description |
Foreign firms often have a more educated
workforce and pay higher wages than domestic firms. This
does not necessarily imply that foreign ownership translates
into higher demand for educated workers or higher wages,
since foreign investment may be guided by unobservable firm
characteristics correlated with the demand for educated
workers or wages. The author examines foreign acquisitions
of domestic firms in Portugal in the 1990s and finds small
changes in the workforce skill composition and wages
following acquisition. Foreign investors "cherry
pick" domestic firms that are already very similar to
the group of existing foreign firms. |
| format |
Publications & Research :: Policy Research Working Paper |
| author |
Almeida, Rita |
| author_facet |
Almeida, Rita |
| author_sort |
Almeida, Rita |
| title |
The Labor Market Effects of Foreign-Owned Firms |
| title_short |
The Labor Market Effects of Foreign-Owned Firms |
| title_full |
The Labor Market Effects of Foreign-Owned Firms |
| title_fullStr |
The Labor Market Effects of Foreign-Owned Firms |
| title_full_unstemmed |
The Labor Market Effects of Foreign-Owned Firms |
| title_sort |
labor market effects of foreign-owned firms |
| publisher |
World Bank, Washington, D.C. |
| publishDate |
2013 |
| url |
http://documents.worldbank.org/curated/en/2004/05/4264194/labor-market-effects-foreign-owned-firms http://hdl.handle.net/10986/14087 |
| _version_ |
1764430183858700288 |