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Recent thinking has emphasized the importance of consistency in a firm’s compensation policy. By starting from Williamson’s ideas about idiosyncratic exchange, this view can be supplied with some theoretical foundation. At the same time, the consistency view can be applied to a number of...
Persistent link: https://www.econbiz.de/10005763891
This paper investigates whether the acquisition of a domestic establishment by a foreign owner has any effects on the survival prospects and employment growth of that plant. The analysis uses plant level data for the UK electronics and food industries for the period 1980 to 1993. We control for...
Persistent link: https://www.econbiz.de/10005763440
This paper summarizes in a non-technical way what we know from empirical studies based on firm-level data about the mutual links between international activities of firms and productivity. It is written with a view to inform policy makers in an evidence-based way. A special focus is on the...
Persistent link: https://www.econbiz.de/10008836666
conclusions regarding the existence of FDI-related spillovers. Using the standard measure employed in the literature we fail to … linkages that relax assumptions (i)-(iii), we find robust evidence for positive FDI backward spillover effects. …
Persistent link: https://www.econbiz.de/10008517974
development (R&D)) for a large representative sample of enterprises from manufacturing industries in Germany using unique newly …
Persistent link: https://www.econbiz.de/10010959523
manufacturing industries in Germany. We use unique newly available data that for the first time combine information from the …
Persistent link: https://www.econbiz.de/10009652531
We develop a model with two asymmetric countries. Firms choose the number and the location of plants that they operate …
Persistent link: https://www.econbiz.de/10005823000
foreign direct investment (FDI) and wage inequality. We particularly check whether this relationship is non-linear, in line … with a theoretical discussion. We find that the effect of FDI differs according to the level of development: we depict two … linear effect in developing countries; wage inequality increases with FDI inward stock but this effect diminishes with …
Persistent link: https://www.econbiz.de/10005700908
Using information on a panel of multinational firms operating in the United Kingdom from 1996 to 2005, we find that labour demand in domestic multinationals is less sensitive to labour cost changes than in foreign multinationals. This difference in the wage elasticity of labour demand persists...
Persistent link: https://www.econbiz.de/10010705560
We use a unique firm-level panel data set of multinational parents and their foreign affiliates to analyze whether profits are shared across borders within multinational firms. Using both fixed-effects and generalized method-of-moments estimators, affiliate wage levels are estimated to respond...
Persistent link: https://www.econbiz.de/10005566611