Showing 1 - 10 of 178
While the recent increase in foreign direct investment (FDI) to African countries is a welcome development, the … the impact of FDI on development is through its effects on domestic factor markets, especially domestic investment and … employment. In this context, this study analyses the two-way linkages between FDI and domestic investment in Sub-Saharan Africa …
Persistent link: https://www.econbiz.de/10005763464
This paper seeks to gain insights on the relationship between growth and unemployment, when considering heterogeneous agents in terms of age. We introduce life cycle features in the endogenous job destruction framework à la Mortensen and Pissarides (1998). We show that, under the assumption of...
Persistent link: https://www.econbiz.de/10005822109
reviewing possible sources of FDI induced spillovers. It then provides a comprehensive evaluation of the empirical evidence on …
Persistent link: https://www.econbiz.de/10005703573
Multinational labor demand responds to wage differentials at the extensive margin, when a multinational enterprise (MNE) expands into foreign locations, and at the intensive margin, when an MNE operates existing affiliates across locations. We derive conditions for parametric and nonparametric...
Persistent link: https://www.econbiz.de/10005763927
This paper extends the existing literature on FDI and wage inequality. We do this in two ways. Firstly, we incorporate … and vertical FDI. Secondly, after establishing the effects that inward investment has on wage inequality, we then analyse … has on this. We illustrate the important differences that horizontal and vertical FDI have on both wages and wage …
Persistent link: https://www.econbiz.de/10008543274
While there has been a large empirical literature on productivity spillovers from foreign to domestic firms this literature treats the channels through which these spillover effects work as a black box. This paper attempts to fill this gap in the literature. Our results suggest that firms which...
Persistent link: https://www.econbiz.de/10005566419
This document examines foreign direct investment (FDI) when multinationals and labour unions bargain over labour …-to-manage bargaining predicts higher returns for FDI than does non-unionization or efficient bargaining. This advantage is further … employment, the ruling elite reaps the surplus of FDI through taxation or regulation. In the absence of credible contracts …
Persistent link: https://www.econbiz.de/10005761987
supported both foreign and domestic investment for technological catch-up. It is the only country where FDI favoured the … manufacturing sector and manufactured exports, and where domestic investment started becoming increasingly important compared to FDI …
Persistent link: https://www.econbiz.de/10010884080
We establish that domestically owned firms in two alternative models of emerging market economies, the Czech Republic and Russia, have not been converging to the technological frontier set by foreign owned firms. In both countries, the distance of domestic firms to the frontier grew (in all...
Persistent link: https://www.econbiz.de/10005762398
, employment growth. For a dataset covering four diverse emerging economies, we find that wholly-owned FDI operations have higher …
Persistent link: https://www.econbiz.de/10005566620