The impact of foreign direct investment on wages and employment

被引：50
|
作者：
Zhao, LX [1 ]
机构：
[1] Niigata Univ, Fac Econ, Niigata 9502181, Japan
来源：
OXFORD ECONOMIC PAPERS-NEW SERIES | 1998年 / 50卷 / 02期
关键词：
D O I：
10.1093/oxfordjournals.oep.a028646
中图分类号：
F [经济];
学科分类号：
02 ;
摘要：
This paper studies the impact of foreign direct investment (FDI) on wages and employment. When labor-management bargaining is industry-wide, two effects of FDI are identified: the collusion effect and the threat-point effect. It is shown that: (i) FDI always reduces the negotiated wage; (ii) FDI reduces union employment and the competitive wage if the union cares more about employment than wages or is equally concerned about employment and wages. However, if labor-mangement bargaining is firm-specific and unionization is industry-wide, then the above effects of FDI are substantially reduced.
引用
收藏
页码：284 / 301
页数：18
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