Acquisitions by Multinationals and Trade Liberalization
نویسندگان
چکیده
منابع مشابه
Acquisitions, Multinationals and Wage Dispersion
Multinational firms pay relatively high wages. Less is known about the wage structure within multinational and non-multinational firms. We examine the impact of acquisitions on wage dispersion in Sweden using a large matched employer-employee data set. Foreign acquisitions of Swedish firms increase wage dispersion by increasing wages for high-skilled workers. The positive impact is concentrated...
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The theory of international trade suggests that free trade will raise national income. It does not, however, suggest that the incomes of all factors of production will rise. Indeed, Stolper and Samuelson (1941) showed that the removal of import barriers could lower the income of the factor of production used relatively intensively in the production of imported products. Therefore, if OECD impor...
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Empirical work relating trade liberalization and income distribution has identified an important anomaly. The Stolper-Samuelson theorem predicts that trade liberalization will shift income toward a country’s abundant factor. For developing countries, this suggests liberalization will principally benefit the abundant unskilled labor. Yet extensive empirical studies have identified many cases wit...
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ژورنال
عنوان ژورنال: SSRN Electronic Journal
سال: 2014
ISSN: 1556-5068
DOI: 10.2139/ssrn.2379460