Does Nationality of Ownership Matter for Labor Demands?
نویسندگان
چکیده
Do multinational rms exhibit different patterns of labor demand from purely domestic rms? Many standardmodels of trade and multinational companies suggest one such differencemay be labor-demand elasticities. For several reasons, multinationalsmay have more-elastic labor demands than do purely domestic rms. In this paper we discuss the theory issues involved. We then present industry-levelevidence that, for U.K. and U.S. manufacturing, labor demand for less-skilled labor has become more elastic in recent decades—a period in which for both countries multinational activity has expanded. (JEL: F2, L1)
منابع مشابه
Does Nationality of Ownership Matter
Do multinational firms exhibit different patterns of labor demand from purely domestic firms? Many standard models of trade and multinational companies suggest such differences. We examine this question using a plant-level panel covering U.K. manufacturing from 1973 through 1992, where we can distinguish U.K.-headquartered multinationals, foreign-owned multinationals, and domestic U.K. firms. A...
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