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From the late 1980s, Japanese manufacturers have begun the relocation of their production sites from Japan to low-wage East Asian countries such as China and Thailand. Partly due to this plant relocation, imports of manufacturing goods from these low-wage countries in East Asia increased...
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We investigate whether previous findings of only limited effects of investing abroad on the performance of parent firms can be explained by the aggregation of heterogeneous effects depending on the motive for foreign direct investment (FDI), sector, and location. Our results suggest, in line...
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This study examines this endogeneity of worker's acceptable level of mismatch and its impact on workers' performance. First, we construct a theoretical model that depicts the tendency of a potential worker to take a job offer if the firm is ``attractive'' for some reason form them, even when he...
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