Investment abroad and labour adjustment at home: evidence from UK multinational firms

被引:4
|
作者
Simpson, Helen [1 ]
机构
[1] Univ Bristol, Ctr Market & Publ Org, Bristol BS8 1TH, Avon, England
关键词
FOREIGN DIRECT-INVESTMENT; UNITED-STATES; MANUFACTURING PLANTS; HETEROGENEOUS FIRMS; TRADE STRUCTURE; PRODUCTIVITY; GROWTH; CORPORATIONS; OWNERSHIP; SURVIVAL;
D O I
10.1111/j.1540-5982.2012.01712.x
中图分类号
F [经济];
学科分类号
02 ;
摘要
. This paper provides new evidence on the effects of overseas FDI on the skill-mix of multinational firms home-country operations. The analysis exploits China's WTO accession to identify the impact of outward investment into a low-wage economy and uses plant-level data to investigate changes in industrial structure within firms driven by plant closures. As predicted by models of vertical FDI, the paper demonstrates that overseas investment in low-wage economies is associated with asymmetric effects on workers in low- and high-skill industries in the home economy and, in particular, with firms closing down plants in low-skill industries. JEL classification: F2
引用
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页码:698 / 731
页数:34
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