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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
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
. Second, it examines which individuals from which firms remain with the newly created entity after the takeover. Using a … active in the post-takeover period, with employees of the acquired firm being less likely to remain with the new entity in … the short term after takeover than those of the acquiring firm and with the differences between the two types of firms …
Persistent link: https://www.econbiz.de/10003289882
Using rich administrative data from the Netherlands, we study the consequences of firm consolidation for workers. For workers at acquired firms, takeovers are associated with a 8.5% drop in employment at the consolidated firm and a 2.6% drop in total labor income. These effects are persistent...
Persistent link: https://www.econbiz.de/10013455653
The flow of foreign direct investment (FDI) has increased dramatically in the last two decades. However, the … distribution of FDI is highly unequal and the competition among countries to attract foreign investors is fierce. This report …. -- Financial market ; foreign direct investment ; FDI ; government policy ; Kurdistan ; KRG …
Persistent link: https://www.econbiz.de/10003646712
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
This paper documents the relationship between foreign ownership and firm survival for enterprises in Germany using … providing the first evidence on the role of foreign ownership for firm survival in Germany, one of the most important … destination countries for foreign direct investments. Our micro-econometric analysis reveals a ceteris paribus higher risk of exit …
Persistent link: https://www.econbiz.de/10009523502
The stylized literature on foreign direct investment suggests that developing countries should invest in the human … capital of their labour force in order to attract foreign direct investment. However, if educational quality in developing …
Persistent link: https://www.econbiz.de/10009531948
Persistent link: https://www.econbiz.de/10001745332