Arbeitspapier
Evaluating the causal effects of foreign acquisition on domestic skilled and unskilled wages
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 with a difference-in-differences estimator, and differences in post acquisition effects depending on the nationality of the acquirer. Our results suggest that there is substantial heterogeneity in the post-acquisition wage effect depending on the nationality of the foreign acquirer, the industry in which the firms operate and the skill group of workers. In particular, we find that skilled workers, on average, experience a post acquisition increase in the wage rate following an acquisition by a US firm, while no such effect is discernible following acquisitions by EU or firms of other nationalities. For unskilled workers, there are positive post acquisition wage effects from take-overs by EU firms in the electronics industry and US firms in the food industry.
- Sprache
-
Englisch
- Erschienen in
-
Series: IZA Discussion Papers ; No. 903
- Klassifikation
-
Wirtschaft
Multinational Firms; International Business
Wage Level and Structure; Wage Differentials
- Thema
-
multinationals
acquisitions
wages
matching estimator
Übernahme
Direktinvestition
Multinationales Unternehmen
Lohnstruktur
Qualifikation
Ungelernte Arbeitskräfte
Schätzung
Großbritannien
- Ereignis
-
Geistige Schöpfung
- (wer)
-
Girma, Sourafel
Görg, Holger
- Ereignis
-
Veröffentlichung
- (wer)
-
Institute for the Study of Labor (IZA)
- (wo)
-
Bonn
- (wann)
-
2003
- Handle
- Letzte Aktualisierung
-
10.03.2025, 11:42 MEZ
Datenpartner
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.
Objekttyp
- Arbeitspapier
Beteiligte
- Girma, Sourafel
- Görg, Holger
- Institute for the Study of Labor (IZA)
Entstanden
- 2003
Ähnliche Objekte (12)
Evaluating the causal effects of foreign acquisition on domestic skilled and unskilled wages
Blessing or curse? Domestic plants survival and employment prospects after foreign acquisition
Blessing or curse? Domestic plants' survival and employment prospects after foreign acquisition
Foreign acquisition, plant survival, and employment growth
Foreign acquisition, plant survival, and employment growth
Foreign acquisition, plant survival, and employment growth
Foreign acquisition, plant survival, and employment growth
Foreign acquisition, plant survival, and employment growth
Much ado about nothing? Do domestic firms really benefit from foreign investment?
Blessing or curse?: Domestic plants' survival and employment prospects after foreign acquisitions
Much ado about nothing? Do domestic firms really benefit from foreign direct investment?
Should I stay or should I go? Foreign direct investment, employment protection and domestic anchorage
Evaluating the causal effects of foreign acquisition on domestic skilled and unskilled wages
Blessing or curse? Domestic plants survival and employment prospects after foreign acquisition
Blessing or curse? Domestic plants' survival and employment prospects after foreign acquisition
Foreign acquisition, plant survival, and employment growth
Foreign acquisition, plant survival, and employment growth
Foreign acquisition, plant survival, and employment growth
Foreign acquisition, plant survival, and employment growth
Foreign acquisition, plant survival, and employment growth
Much ado about nothing? Do domestic firms really benefit from foreign investment?
Blessing or curse?: Domestic plants' survival and employment prospects after foreign acquisitions
Much ado about nothing? Do domestic firms really benefit from foreign direct investment?
Should I stay or should I go? Foreign direct investment, employment protection and domestic anchorage
Evaluating the causal effects of foreign acquisition on domestic skilled and unskilled wages
Blessing or curse? Domestic plants survival and employment prospects after foreign acquisition
Blessing or curse? Domestic plants' survival and employment prospects after foreign acquisition
Foreign acquisition, plant survival, and employment growth
Foreign acquisition, plant survival, and employment growth
Foreign acquisition, plant survival, and employment growth
Foreign acquisition, plant survival, and employment growth
Foreign acquisition, plant survival, and employment growth
Much ado about nothing? Do domestic firms really benefit from foreign investment?
Blessing or curse?: Domestic plants' survival and employment prospects after foreign acquisitions
Much ado about nothing? Do domestic firms really benefit from foreign direct investment?