Showing 1 - 10 of 265
We estimate the wage effects of foreign direct investment (FDI) with universal firm-level and linked employer …-employee panel data containing 4,926 foreign acquisitions in Hungary. Matching on pre-acquisition data and controlling for fixed … for 983 foreign acquisitions later divested to domestic owners. We find positive effects for all worker types, occupations …
Persistent link: https://www.econbiz.de/10009681343
How much do developing countries benefit from foreign investment? We contribute to this question by comparing the … employment and wage practices of foreign and domestic firms in Brazil, using detailed matched firm-worker panel data. In order to … control for unobserved worker differences, we examine both foreign acquisitions and divestments and worker mobility, including …
Persistent link: https://www.econbiz.de/10003724136
MFP gains from privatization are decreasing in pre-privatization MFP. The relatively few cases in which foreign investors … data permit us to track the privatization process and to estimate the impact of privatization within industry-year cells … majority privatized versus state-owned firms. The gap increases with time since privatization, reaching about 15-17% five years …
Persistent link: https://www.econbiz.de/10011309155
Persistent link: https://www.econbiz.de/10001877107
We analyze an oligopolistic market where a domestic and a foreign firm are engaged in a takeover battle for a domestic … of government. With an unbiased competition agency we find that the foreign takeover is more likely to occur the higher … foreign attempts to acquire domestic firms. …
Persistent link: https://www.econbiz.de/10003597575
This paper analyses the changes in the size distribution of wages in Poland over a decade of transition. Until about … relatively constant level of inequality. Privatisation was the main force tending to increase wage inequality, partly because it … inequality seems to have increased since 2000. Suggestively, whereas privatisation has continued, the decline in participation …
Persistent link: https://www.econbiz.de/10002615662
This paper investigates the effects of domestic privatisation or foreign acquisition of Chinese State Owned Enterprises … post acquisition period than non-acquired SOEs. -- Privatisation ; foreign acquisition ; employment growth ; difference-in-differences … that domestic privatisation leads to contemporaneous reductions in employment growth compared to firms that did not undergo …
Persistent link: https://www.econbiz.de/10003500290
privatization, competition and foreign investment. We also test hypotheses positing that only firms near the efficiency frontier … privatization, competition and foreign investment. We also test hypotheses positing that only firms near the efficiency frontier … find that privatization to domestic owners did not markedly improve the efficiency of firms; domestic firms are not …
Persistent link: https://www.econbiz.de/10002548972
potential endogeneity and omitted variables biases. -- Privatization ; financial reform ; trade liberalization ; foreign direct …This paper investigates the role of structural reforms - privatization, financial reform and trade liberalization as … financial liberalization and privatization. These results are robust to different measures of reforms, split samples, and …
Persistent link: https://www.econbiz.de/10003656909
This paper extends the existing literature on FDI and wage inequality. We do this in two ways. Firstly, we incorporate more precise measures of inward investment into the model, by allowing for differences in the effects between horizontal and vertical FDI. Secondly, after establishing the...
Persistent link: https://www.econbiz.de/10003937244