The Adjustment Speed of Employment at Foreign-Owned Firms

Is employment practice at foreign-owned firms different from that of Japan, the life-time employment system? Using firm level data of the Japanese manufacturing sector, this paper showed that the adjustment speed of employment at foreign-owned firms was slightly higher than at domestically-owned firms. This finding suggests that firm-specific skills are less important in foreign-owned firms than in Japanese firms.

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Year of publication:	2007-03
Authors:	Murakami, Yukako ; Fukao, Kyoji
Institutions:	Institute of Economic Research, Hitotsubashi University
Subject:	Multinational firms \| FDI \| adjustment speed \| employment \| life-time employment system

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Extent:	application/pdf
Series:	Hi-Stat Discussion Paper Series.
Type of publication:	Book / Working Paper
Classification:	F11 - Neoclassical Models of Trade ; J5 - Labor-Management Relations, Trade Unions, and Collective Bargaining
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10005783977