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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/10010262687
In this paper we provide an overview of China's human capital strategy and educational achievements over the last two … decades. While every one acknowledges China as an economic superpower, very few are aware of or realize China's notable … Chinese modern higher education system China has made tremendous strides in education both domestically and internationally …
Persistent link: https://www.econbiz.de/10010286011
(SOEs) on employment growth, using firm level data for China and a combination of propensity score matching and difference …
Persistent link: https://www.econbiz.de/10010332865
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/10010262073
Studies of public-private and foreign-domestic wage differentials face difficulties distinguishing ownership effects from correlated characteristics of workers and firms. This paper estimates these ownership differentials using linked employer-employee data (LEED) from Hungary containing 1.35mln...
Persistent link: https://www.econbiz.de/10010268246
This paper examines the link between multinational enterprises and employment growth at the plant-level. We investigate in detail the comparative response of multinationals and domestic firms to an economic crisis, using the empirical setting of a well defined case of economic slowdown in Chile...
Persistent link: https://www.econbiz.de/10010332860
This study uses panel data describing about 6,500 employees in a large international company to study the incentive effects of performance related pay. The company uses two performance related remuneration mechanisms. One is an individual "surprise" bonus payment. The other is a more structured...
Persistent link: https://www.econbiz.de/10010261984
Foreign investors are expected to contribute to economic development through a variety of channels. However, many foreign investment operations are small, and almost insignificant in their impact on the local environment. An important indication of the potential contribution of foreign investors...
Persistent link: https://www.econbiz.de/10010262023
This paper investigates the effects of the takeover of a domestic establishment by foreign owners on the domestic target?s development of wages for skilled and unskilled workers. We pay particular attention to identifying the causal effect, using a propensity score matching approach combined...
Persistent link: https://www.econbiz.de/10010265391
Foreign-owned firms have consistently been found to pay higher wages than domestic firms to what appear to be equally productive workers in both developed and developing countries alike. Although a number of studies have documented and some attempted to explain this stylized fact, the issue...
Persistent link: https://www.econbiz.de/10010265544