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Employment, Job Turnover And Trade In Services: Firm-Level Evidence
BNET
- 2007-04-19
The authors have analysed the relationship between the international trade of services and the employment behaviour of firms. Using a new dataset which measures trade in services at the firm-level, no evidence that importing intermediate services is associated with job losses was found. Using regression and propensity score matching techniques,...
National Labour Markets, International Factor Mobility And Macroeconomic Instability
BNET
- 2006-12-18
We analyze how global economic integration of factor markets affects the stability of the macro economy, with respect to expectations-driven fluctuations, when countries differ in their labour market institutions. It is shown that, due to the occurrence of equilibrium indeterminacy, liberalization of capital movements is likely to be accompanied by...
Multinationals And Productivity Spillovers
BNET
- 2004-12-07
In last few years the British government has spent substantial sums in order to attract foreign multinationals to the UK. Amongst other things this has been motivated by the possibility that foreign multinationals bring with them new technologies which may "Spill over" to the economy. The present paper discusses the...
Export Oriented FDI
BNET
- 2004-11-25
It is well known that the performance of foreign firms compared to domestic companies is superior with respect to employment, wages, and productivity. In this paper we detail the export behaviour of foreign affiliates in the United Kingdom relative to indigenous firms. Our findings show that foreign firms are more...
Evaluating The Causal Effects Of Foreign Acquisition On Domestic Skilled And Unskilled Wages
BNET
- 2003-10-26
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...
Export Market Exit And Performance Dynamics: A Causality Analysis Of Matched Firms
BNET
- 2003-02-07
As a result of the rapid growth of microeconometric studies of exporting firms, we now know quite a lot about the performance dynamics of firms that enter export markets. We know much less about what happens to performance when firms exit. We find that, on average, exit from foreign markets...
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