Using information on a panel of multinational firms operating in the United Kingdom from 1996 to 2005, we find that labour demand in domestic multinationals is less sensitive to labour cost changes than in foreign multinationals. This difference in the wage elasticity of labour demand persists...

This two-volume set is an indispensable selection of recent and classic research papers exploring the link between globalization and productivity growth. The editors’ careful selection includes articles that focus on the impact of globalization on aggregate productivity, openness,...

Many governments offer significant inducements to attract inward investment, motivated by the expectation of spillover benefits. This paper begins by reviewing possible sources of spillovers. It then provides a comprehensive evaluation of the empirical evidence on productivity, wages and exports...

This two-volume set is an indispensable selection of recent and classic research papers exploring the link between globalization and productivity growth. The editors' careful selection includes articles that focus on the impact of globalization on aggregate productivity, openness, international...

A great deal of public policy is harnessed to raising productivity growth. Although it is believed that the process is intimately linked to globalization, the precise links are less well known. This volume offers a comprehensive overview of links between international trade, foreign direct...