Arbeitspapier
FDI and wages: Evidence from firm-level and linked employer-employee data in Hungary, 1986 - 2008
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 effects for firms and detailed worker groups, we find 12-28 percent effects on average wages. The wage effect mostly reverses for 983 foreign acquisitions later divested to domestic owners. We find positive effects for all worker types, occupations, and wage quantiles. The evidence implies little role for either measurement problems or residual selection, but suggests a strong cross-firm association of FDI wage premia with similar differentials in productivity.
- Sprache
-
Englisch
- Erschienen in
-
Series: IZA Discussion Papers ; No. 7095
- Klassifikation
-
Wirtschaft
Multinational Firms; International Business
Economic Impacts of Globalization: Labor
Wage Level and Structure; Wage Differentials
- Thema
-
foreign acquisitions
FDI
earnings
wage differentials
productivity
difference-in-differences matching
employer effects
Hungary
Lohn
Direktinvestition
Ausländisch
Übernahme
Lohnstruktur
Produktivität
Schätzung
Ungarn
- Ereignis
-
Geistige Schöpfung
- (wer)
-
Earle, John S.
Telegdy, Álmos
Antal, Gábor
- Ereignis
-
Veröffentlichung
- (wer)
-
Institute for the Study of Labor (IZA)
- (wo)
-
Bonn
- (wann)
-
2012
- Handle
- Letzte Aktualisierung
-
10.03.2025, 11:44 MEZ
Datenpartner
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Objekttyp
- Arbeitspapier
Beteiligte
- Earle, John S.
- Telegdy, Álmos
- Antal, Gábor
- Institute for the Study of Labor (IZA)
Entstanden
- 2012