Maarek, Paul; Decreuse, Bruno - Théorie Économique, Modélisation, Application … - 2013
We address the effects of FDI on the labor share in developing countries. Our theory relies on the impacts of FDI on … wage and labor productivity in a frictional labor market. FDI have two opposite effects on the labor share: a negative … labor share in the manufacturing sector and the ratio of FDI stock to GDP. We show that FDI have decreased the labor share …