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We observe a substantial increase of foreign ownership in Sweden in the 1990s. Did that have any effect on relative demand for skilled labor? Has technology transfers often associated with inward FDI led to increased demand for skills due to skilled-biased technical change? Are there any grounds...
Persistent link: https://www.econbiz.de/10012654316
show that on average employment, revenues, profits and investments fall, wages increase, while firms' productivity and … firms' productivity distribution. Employment, revenues, productivity, profits and investments are positively or not related …
Persistent link: https://www.econbiz.de/10012609098
Investigating the robustness of the skill-biased technical change hypothesis, this analysis incorporates two novel features. First, effective labor is modeled as the product of a quantity measure - number of employees with a given level of education - and a quality index, depending on, i.a.,...
Persistent link: https://www.econbiz.de/10010321018
The major contribution of this paper is finding a new and general approach to decomposing log-wage differentials when selection effects are present. We divide the observed log-wage differentials between two groups into 1) differentials in predicted log-wages computed using observed individual...
Persistent link: https://www.econbiz.de/10010334282
We examine financial constraints and forms of finance used for investment, byanalysing survey data on 157 large privatised companies in Hungary and Poland for theperiod 1998 – 2000. The Bayesian analysis using Gibbs sampling is carried out toobtain inferences about the sample companies’...
Persistent link: https://www.econbiz.de/10005868232
In this paper, we study foreign ownership as a vehicle for transferring gender norms across international borders. Specifically, we analyze how the wage differential between men and women in Swedish firms is affected by the degree of gender inequality in the home country of foreign investors....
Persistent link: https://www.econbiz.de/10013208916
This paper analyzes the difference between foreign and domestic ownership of firms with respect to productivity. The …:s. First we show that, other things equal, foreign-owned firms have higher labor productivity as well as total factor … productivity than domestic firms. We also find that Swedish multinational firms are as productive as foreign-owned firms. Then we …
Persistent link: https://www.econbiz.de/10012654308
This paper examines the determinants of short-term wage dynamics, using asample of large Hungarian companies for the period of 1996-1999. We test thebasic implications of an efficient contract model of bargaining between theincumbent employees and the managers, which we are unable to reject....
Persistent link: https://www.econbiz.de/10005868175
Using panel data on large Polish firms this paper examines the relationship between corporatecontrol structures, sales growth and the determinants of employment change during the period 1996-2002. We find that privatised and de novo firms are the main drivers of employment growth andthat, in the...
Persistent link: https://www.econbiz.de/10005868174
The desirability of WTO membership for China depends on whether its economic successes have been the result of its discovery of new institutional forms (e.g. dual track pricing, SOE contracts, and fiscal contracts) that are optimal for China''s particular economic circumstances, or have been the...
Persistent link: https://www.econbiz.de/10010318608