The full paper is available here: http://www.unido.org/resources/publications/publications-by-type/working-papers.html.
Using a unique sample of foreign-owned and domestic firms in Sub-Saharan Africa, we study the differences in the quantity and quality of jobs that they offer, and identify how these differences are determined by country-level institutional factors. After controlling for numerous firm-level characteristics, we find that foreign-owned firms offer more stable and secure jobs than domestic firms, as evidenced by their higher and lower shares of permanent full-time and temporary employment, respectively. The job stability and security advantage of foreign-owned firms is smaller in countries with higher firing costs and better governance quality, where domestic firms are likely to offer more stable and secure jobs. In addition, foreign-owned firms are less likely to offer unpaid work and have a lower share of these workers. They also have a higher average training intensity and pay an average wage premium, as well as wage premia to production, non-production and managerial workers. The wage premia of foreign-owned firms are lower in countries with higher governance and social policy standards, where domestic firms are likely to pay higher wages. Finally, we show that the job quality advantage of foreign-owned firms depends on the location of their parents, the mode of their establishment, their main business purpose and the most critical investment incentive received from the host country.
1. The document analyzes the effects of school autonomy on student achievement using data from PISA assessments between 2000-2009.
2. It finds that the impact of autonomy varies depending on a country's level of economic and educational development - autonomy has negative effects in countries without strong institutions but positive effects in developed countries, especially when accountability measures are in place.
3. Using panel estimations with country fixed effects that control for time-invariant differences between countries, it shows autonomy is positively associated with student achievement in countries with high GDP per capita but negatively associated in poorer countries.
The document discusses how foreign direct investment (FDI) can support sustainable development. It presents new FDI Qualities Indicators that measure how investment relates to outcomes in areas like productivity, skills, job quality, gender equality, and carbon footprint. The indicators can be used to identify policy priorities and benchmark countries. The document also examines how FDI relates to green growth and development in Asia-Pacific countries using the new indicators. While FDI often concentrates in less polluting sectors and technologies, its impact on energy efficiency and emissions varies across countries.
This document describes a study that examines the relationship between small business leaders' individual resilience and the likelihood that their firm plans for adversity. The study analyzes data on 901 small businesses in London and Frankfurt. It finds that individual resilience positively predicts resilience planning for firms in London but not Frankfurt. It also finds some differences in these relationships for female business leaders compared to males. The implications are that national context and gender affect the link between individual leader resilience and firm resilience planning. Further research is needed to understand regulatory or cultural factors influencing the different results between cities.
The document summarizes work by the OECD on integration of immigrants, including country reviews, indicators of integration, and thematic reports. It then analyzes data on Italy, finding that while immigrant employment rates are relatively good, professional mobility is limited. Immigrant workers were hit hard by the economic crisis, especially men and those from North Africa. Issues include the high proportion of low-educated immigrants, poor housing conditions, late arrival of many immigrant children associated with lower education and employment outcomes, and the low performance of immigrant offspring. Overall, the document indicates key challenges around employability, housing, late arrival of children, and outcomes for the children of immigrants in Italy.
New approaches in univesity-industry cooperation and Triple helix approach.Gints Turlajs
The document discusses university and industry cooperation using the triple helix approach. It proposes that closer cooperation is needed between business, education, and science to develop complex, knowledge-based products. This cooperation is important for building an innovative economy based on knowledge and new ideas. The "triple helix" model proposes a synergistic relationship among universities, industry, and the government to improve competitiveness and allow entrepreneurial universities.
The document provides an overview of an entrepreneurship course being taught at KU Leuven. It discusses what students can expect to learn in the course, including exploring the entrepreneurial process, discovering opportunities, screening and developing opportunities, and appropriating returns from entrepreneurial behavior. The course aims to not only teach entrepreneurship concepts but also empower students to engage in entrepreneurship. It will cover topics like opportunity discovery, market research, business modeling, resource mobilization, and assessing opportunities. The objectives are for students to understand the entrepreneurial process for both internal ventures and startups, the role of business planning, and how to discover and create opportunities.
1. The document analyzes the effects of school autonomy on student achievement using data from PISA assessments between 2000-2009.
2. It finds that the impact of autonomy varies depending on a country's level of economic and educational development - autonomy has negative effects in countries without strong institutions but positive effects in developed countries, especially when accountability measures are in place.
3. Using panel estimations with country fixed effects that control for time-invariant differences between countries, it shows autonomy is positively associated with student achievement in countries with high GDP per capita but negatively associated in poorer countries.
The document discusses how foreign direct investment (FDI) can support sustainable development. It presents new FDI Qualities Indicators that measure how investment relates to outcomes in areas like productivity, skills, job quality, gender equality, and carbon footprint. The indicators can be used to identify policy priorities and benchmark countries. The document also examines how FDI relates to green growth and development in Asia-Pacific countries using the new indicators. While FDI often concentrates in less polluting sectors and technologies, its impact on energy efficiency and emissions varies across countries.
This document describes a study that examines the relationship between small business leaders' individual resilience and the likelihood that their firm plans for adversity. The study analyzes data on 901 small businesses in London and Frankfurt. It finds that individual resilience positively predicts resilience planning for firms in London but not Frankfurt. It also finds some differences in these relationships for female business leaders compared to males. The implications are that national context and gender affect the link between individual leader resilience and firm resilience planning. Further research is needed to understand regulatory or cultural factors influencing the different results between cities.
The document summarizes work by the OECD on integration of immigrants, including country reviews, indicators of integration, and thematic reports. It then analyzes data on Italy, finding that while immigrant employment rates are relatively good, professional mobility is limited. Immigrant workers were hit hard by the economic crisis, especially men and those from North Africa. Issues include the high proportion of low-educated immigrants, poor housing conditions, late arrival of many immigrant children associated with lower education and employment outcomes, and the low performance of immigrant offspring. Overall, the document indicates key challenges around employability, housing, late arrival of children, and outcomes for the children of immigrants in Italy.
New approaches in univesity-industry cooperation and Triple helix approach.Gints Turlajs
The document discusses university and industry cooperation using the triple helix approach. It proposes that closer cooperation is needed between business, education, and science to develop complex, knowledge-based products. This cooperation is important for building an innovative economy based on knowledge and new ideas. The "triple helix" model proposes a synergistic relationship among universities, industry, and the government to improve competitiveness and allow entrepreneurial universities.
The document provides an overview of an entrepreneurship course being taught at KU Leuven. It discusses what students can expect to learn in the course, including exploring the entrepreneurial process, discovering opportunities, screening and developing opportunities, and appropriating returns from entrepreneurial behavior. The course aims to not only teach entrepreneurship concepts but also empower students to engage in entrepreneurship. It will cover topics like opportunity discovery, market research, business modeling, resource mobilization, and assessing opportunities. The objectives are for students to understand the entrepreneurial process for both internal ventures and startups, the role of business planning, and how to discover and create opportunities.
Why foreign direct investment goes towards central africaAlexander Decker
This document examines the determinants of foreign direct investment (FDI) in Central Africa. It finds that (1) high GDP growth rates attract more FDI to the region, (2) natural resources like oil production also promote FDI inflows, and (3) other factors like human capital, trade openness, and infrastructure development can further increase a country's attractiveness for FDI. The study recommends that governments intensify anti-corruption efforts, encourage private investment, and modernize infrastructure to facilitate business.
Obstacles Encountered by Foreign Investors in Kosovonakije.kida
Abstract: The purpose of the paper is finding obstacles that led to the reduction of foreign ivestitors’ motive to
come to Kosovo. Through the survey was taken the opinion of the sample from 306 current investors with 100%
foreign capital operating in Kosovo. Descriptive analysis has depicted the main obstacles in their business
activity. Weak enforcement of law, corruption, failure to integrate into the EU, poor infrastructure, lack of
financial incentives, poor business climate, highlighted poverty, frequent legal changes are part of these
obstacles. However, Kosovo has the youngest workforce in Europe, well educated and who speak more than one
language. Multiple natural properties make it attractive, toond. The main conclusion that can be drawn from the
above findings is that Kosovo has not become fully available to all mechanisms to welcome the foreign investors.
It is suggested that the government comes up with concrete projects to stimulate investors and create the
necessary climate to develop their business.
Keywords: Foreign Investors in Kosovo; Obstacles encountered by investors, Surveys, Descriptive analysis.
A Literature Review On The Relationship Between Foreign Direct Investment And...Audrey Britton
This document provides a literature review on the relationship between foreign direct investment (FDI) and economic growth. It discusses that while theories and studies have conflicting views on whether FDI boosts or hinders economic growth, most research finds that FDI can stimulate growth through technology transfers, productivity gains, and increasing capital stock and employment. However, some argue FDI may "crowd out" domestic investment or lead to external vulnerability. The document reviews several empirical studies that have found positive correlations between FDI and economic growth, technology diffusion, and domestic investment. Overall, it examines the complex debate around FDI's impact on host country economies.
This study aims to analyze the effect of foreign direct investment (FDI) on new job creation, and pays attention to factors interrelated to employment by using the case of Afghanistan. Using time series data form 2003 to 2017, this paper explore the driving forces and reduction potentials of employment in Afghanistan with consideration for dynamic changes within the traditional OLS and standardize OLS model. The results show that exchange rate plays a dominant role in increasing employment in Afghanistan. And exports and inflation rate plays a dominant role in decreasing employment in Afghanistan. All variables are co-integrated and the analysis of the impulse response function and variance decomposition turns out to be synchronous. Furthermore, in the short run export and inflation rate are more critical in reduction potentials of employment in Afghanistan. Policies should be advised to control inflation rate and illegal export and improve the investment projects to attract more FDI into the economy for quick adjustment purpose in case of the shock to the system.
NHRDN Virtual Learning Session on Internation HRM: Integrating HRM Across Bou...National HRD Network
1. The document discusses globalization and its impact on human resource management. It covers topics such as global HR competencies, international assignments, culture and diversity, and performance management across cultures.
2. International assignments can help fill skills gaps, ensure consistent corporate culture, and develop global leaders. However, they also present challenges in terms of expatriate selection, cross-cultural adjustment, and successful repatriation.
3. Managing global talent requires developing a global mindset, understanding cultural differences, and building credibility through strong HR functional skills. Organizations must prepare expatriates, support them during assignments, and ease their reentry into home countries.
This document summarizes a study that explored how multinational enterprises (MNEs) from different national origins conduct expatriate performance management. The study conducted interviews with expatriates and HR managers from subsidiaries of 5 MNEs in Taiwan operating in the information technology industry - Applied Materials (US), Philips (Netherlands), Hitachi (Japan), Samsung (Korea), and Winbond (Taiwan). The findings showed that while all firms used standardized performance forms from headquarters, there was a lack of on-the-job training. Goal setting, performance appraisal, and performance pay varied between companies and were attributed to differences in parent company culture and the nature of the expatriate mission. The study provides initial insights into how
Determinants And The Impact Foreign Investment To Economic Growth And Unemplo...iosrjce
This study aims to find the determinants of foreign direct investment coming into the Java-Bali and
analyze the impact of foreign investment on economic growth and unemployment in the Java-Bali. The research
methodology used in this research is quantitative method using secondary data 2004-2012 period, using key
informants and some informants who cooperate with foreign investors for a deeper investigation of some of the
results of this study. This study uses Path analysis through partial least square (PLS). The study found wages
and no significant negative impact on FDI, Economic Stability does not significantly affect the FDI, Human
Capital and significant positive effect on FDI, Human Capital and significant positive effect on wages, FDI
positive and significant impact on economic growth, FDI effect positive and significant impact on
unemployment. Results of this study have implications for practical namely: 1) Changes in wages that always
happens every year in Java and Bali does not affect foreign investment, 2) Changes in economic stability did not
result in changes in foreign investment, 3) Changes in human capital resulted in a change in planting foreign
capital, 4) Changes in human capital resulted in a change in wages, 5) Changes in foreign investment will lead
to changes in economic growth, 6) Changes in foreign investment resulted in changes in unemployment. This
affects the results of theoretical research on: 1) Strengthening existing theories such as: The Theory of
Differential Rates of Return Hypothesis, Theory vicious circle of Nurkse, Harrod Domar growth theory, growth
theory Solow, Romer growth theory, theory of acceleration; 2). Not in line with the theory as: Country Risk
Hypothesis Theory, Theory of The Location Hypothesis, theory of capital accumulation Jhingan, balanced
growth Doctrine
Solidbasics International Expats In The Orient Vrije University Amsterdam V1Solidbasics International
The document discusses expatriate processes and living conditions for expatriates in Malaysia and Indonesia. It outlines different arrangements for expatriates depending on if they work for multinational corporations or small-and-medium enterprises. It also examines factors that can lead to higher failure rates for expatriates like inadequate preparation, cultural differences, and language barriers. Finally, it notes that many expatriates fail to return to their home country after an assignment overseas, resulting in lost investments and costs for companies.
Foreign Aid and Economic Growth in the West African States: A Panel Frameworkinventionjournals
This paper examines the impact of economic variables namely, foreign direct investment (FDI), investment, export, foreign aid and broad money supply on economic growth, approximated by gross domestic product (GDP)using annual data covering a period 1981-2008 on a group of West African countries. The impact of variables on GDP is estimated using three panel estimation models: pooled model (pooled), fixed effects model (FEM) and random effects model (REM). We explore the hypothesis that foreign aid can promote growth in developing countries. We test this hypothesis using panel data series,while the findings of previous studies are generally mixed, our resultsindicate that foreign direct investment has purely positive effects on economic growth in West African countries
Foreign direct investment can have both positive and negative impacts on the labor markets of developing economies. Positively, FDI increases competition which leads domestic companies to increase productivity and offer higher wages to attract skilled workers. This growth in productivity can also lead to more job creation. However, FDI can also increase wage inequality as foreign firms hire more skilled workers and pay them higher wages than domestic firms can offer. Over time, this can worsen gaps in wages and skills between employees in foreign and domestic companies. For developing economies to fully realize the benefits of FDI, governments need policies that encourage skills and capability development among domestic firms.
Empowering Alliances - International Economic Development Council Presentationswasilowski
This document discusses breaking down barriers between higher education and economic development through collaboration. It provides examples of how community colleges can work with local businesses to understand workforce training needs, develop relevant programming, and aggressively pursue funding. One college engaged in conversations with industry, aligned training with demands, and leveraged an existing aerospace cluster. This resulted in strong industry partnerships, funding for equipment and staff, a new training facility, and over 400 trained workers. The key to success was positive, collaborative leadership through open communication and understanding different perspectives between education and business.
This document is a literature review and introduction to a research paper analyzing the economic, political, and social impacts of global offshoring. It provides background on the history and evolution of offshoring, beginning in the 1980s when companies opened factories in low-cost countries like India, China, and Mexico. While offshoring increased profits, it also decreased domestic employment. Current challenges include differing impacts on developing and developed countries, with developed countries facing job losses and lower tax revenue and developing countries gaining jobs but not always economic benefits. The research aims to analyze these impacts and potential solutions through qualitative and quantitative research methods.
This document examines factors that influence polytechnic students' decisions to graduate as entrepreneurs in Ghana. A survey of 250 students at Kumasi Polytechnic was conducted. The results from a probit model analysis show that personality factors, family and friend support, parental occupation, entrepreneurship education, gender, and access to finance positively influence students' decisions to become entrepreneurs, while concerns about public remarks negatively influence decisions. Only 36.8% of surveyed students expressed an interest in becoming entrepreneurs. The study aims to help address graduate unemployment in Ghana by better understanding what promotes graduate entrepreneurship.
This document summarizes a thesis that examines the impact of official development assistance (ODA) on foreign direct investment (FDI) in Vietnam using provincial data from 1998 to 2012. The author conducts a literature review that finds mixed results on the relationship between ODA and FDI. Some studies find a positive relationship, others a negative relationship, and some no relationship. The author develops a theoretical model based on neoclassical growth theory to explain the potential relationship. An empirical model is then specified to test the impact of ODA on FDI using panel data and controlling for factors like GDP, openness, and human capital. The author hypothesizes that ODA will have a positive significant effect on FDI inflows in
Investors see Ireland's main competitive advantage as access to European markets. Survey respondents cited access to the EU market (46%) as Ireland's top competitive advantage over other factors like the corporate tax rate (29%) and legal/fiscal stability (30%). While the corporate tax rate is important, investors view Ireland's overall tax infrastructure - which includes double taxation agreements and sector incentives - as more significant. Investors also praise Ireland's talented workforce but have concerns about high income taxes potentially discouraging senior talent. The biggest disadvantages for investors are outside of Ireland's control, such as the country's small size, but respondents believe Ireland could reduce red tape and regulations.
Investing in Ireland: A survey of foreign direct investorsMatheson Law Firm
Investing in Ireland: A survey of foreign direct investors is an Economist Intelligence Unit report sponsored by Matheson Ormsby Prentice. It examines the main factors that bring foreign direct investment to Ireland and the main ongoing challenges in attracting investment. Ronan Lyons was the report author. Aviva Freudmann and Jason Sumner were the editors.
To what extent foreign direct investment (fdi) affect in economic development...Alexander Decker
This document discusses research on the impact of foreign direct investment (FDI) on Pakistan's economic growth from 1975 to 2010. It finds that FDI has had a positive effect on economic growth in both the short and long run. The document reviews previous literature on the relationship between FDI and economic growth. It then describes the methodology used in the study, which analyzes the impact of FDI, reserves, inflation, and gross domestic savings on GDP. The results show that all variables are positively correlated with FDI and statistically significant. The conclusion is that FDI contributes to Pakistan's economic growth.
An Empirical Analysis of Relationship between Private Equity Investments and ...Dr. Amarjeet Singh
During the last decade the growth in the private
equity industry in India has been phenomenal, especially in
the recent five years. Private equity industry has become the
prime interest area for many researchers and academicians in
India. Private equity industry in India is burgeoning area of
research, which inherits many explorations and untapped
potential areas of research. One such untapped area of
research is the empirical research is relationship between
Private equity investments and exits in India. The research
question which has leaded the study is that Private equity
industry being in its transition stage, does the performance
and opportunities created by the early starters has proven the
potential and invites more investors and investments? In this
line, this study is an attempt to assess the interrelationship and
causal effect in the relationship using VECM (Vector Error
Correction Model) and Granger causality model. The results
of the study confer that existence of long run causal relation
between Private Equity Investments and Private Equity Exits.
Thereby, the study emphasis the impact of private equity exits
on private equity investments in India. Private Equity Exit
opportunities for the investments made plays crucial role in
attracting Private Equity investments in India.
The document discusses decision making and control in international management. It defines decision making, controlling, and management decision and control. It also discusses centralized vs decentralized decision making and types of control techniques. The document then covers political risk, including macro and micro risk factors and techniques for assessing and managing political risk.
Independent Study - College of Wooster Research (2023-2024) FDI, Culture, Glo...AntoniaOwensDetwiler
"Does Foreign Direct Investment Negatively Affect Preservation of Culture in the Global South? Case Studies in Thailand and Cambodia."
Do elements of globalization, such as Foreign Direct Investment (FDI), negatively affect the ability of countries in the Global South to preserve their culture? This research aims to answer this question by employing a cross-sectional comparative case study analysis utilizing methods of difference. Thailand and Cambodia are compared as they are in the same region and have a similar culture. The metric of difference between Thailand and Cambodia is their ability to preserve their culture. This ability is operationalized by their respective attitudes towards FDI; Thailand imposes stringent regulations and limitations on FDI while Cambodia does not hesitate to accept most FDI and imposes fewer limitations. The evidence from this study suggests that FDI from globally influential countries with high gross domestic products (GDPs) (e.g. China, U.S.) challenges the ability of countries with lower GDPs (e.g. Cambodia) to protect their culture. Furthermore, the ability, or lack thereof, of the receiving countries to protect their culture is amplified by the existence and implementation of restrictive FDI policies imposed by their governments.
My study abroad in Bali, Indonesia, inspired this research topic as I noticed how globalization is changing the culture of its people. I learned their language and way of life which helped me understand the beauty and importance of cultural preservation. I believe we could all benefit from learning new perspectives as they could help us ideate solutions to contemporary issues and empathize with others.
Abhay Bhutada, the Managing Director of Poonawalla Fincorp Limited, is an accomplished leader with over 15 years of experience in commercial and retail lending. A Qualified Chartered Accountant, he has been pivotal in leveraging technology to enhance financial services. Starting his career at Bank of India, he later founded TAB Capital Limited and co-founded Poonawalla Finance Private Limited, emphasizing digital lending. Under his leadership, Poonawalla Fincorp achieved a 'AAA' credit rating, integrating acquisitions and emphasizing corporate governance. Actively involved in industry forums and CSR initiatives, Abhay has been recognized with awards like "Young Entrepreneur of India 2017" and "40 under 40 Most Influential Leader for 2020-21." Personally, he values mindfulness, enjoys gardening, yoga, and sees every day as an opportunity for growth and improvement.
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Why foreign direct investment goes towards central africaAlexander Decker
This document examines the determinants of foreign direct investment (FDI) in Central Africa. It finds that (1) high GDP growth rates attract more FDI to the region, (2) natural resources like oil production also promote FDI inflows, and (3) other factors like human capital, trade openness, and infrastructure development can further increase a country's attractiveness for FDI. The study recommends that governments intensify anti-corruption efforts, encourage private investment, and modernize infrastructure to facilitate business.
Obstacles Encountered by Foreign Investors in Kosovonakije.kida
Abstract: The purpose of the paper is finding obstacles that led to the reduction of foreign ivestitors’ motive to
come to Kosovo. Through the survey was taken the opinion of the sample from 306 current investors with 100%
foreign capital operating in Kosovo. Descriptive analysis has depicted the main obstacles in their business
activity. Weak enforcement of law, corruption, failure to integrate into the EU, poor infrastructure, lack of
financial incentives, poor business climate, highlighted poverty, frequent legal changes are part of these
obstacles. However, Kosovo has the youngest workforce in Europe, well educated and who speak more than one
language. Multiple natural properties make it attractive, toond. The main conclusion that can be drawn from the
above findings is that Kosovo has not become fully available to all mechanisms to welcome the foreign investors.
It is suggested that the government comes up with concrete projects to stimulate investors and create the
necessary climate to develop their business.
Keywords: Foreign Investors in Kosovo; Obstacles encountered by investors, Surveys, Descriptive analysis.
A Literature Review On The Relationship Between Foreign Direct Investment And...Audrey Britton
This document provides a literature review on the relationship between foreign direct investment (FDI) and economic growth. It discusses that while theories and studies have conflicting views on whether FDI boosts or hinders economic growth, most research finds that FDI can stimulate growth through technology transfers, productivity gains, and increasing capital stock and employment. However, some argue FDI may "crowd out" domestic investment or lead to external vulnerability. The document reviews several empirical studies that have found positive correlations between FDI and economic growth, technology diffusion, and domestic investment. Overall, it examines the complex debate around FDI's impact on host country economies.
This study aims to analyze the effect of foreign direct investment (FDI) on new job creation, and pays attention to factors interrelated to employment by using the case of Afghanistan. Using time series data form 2003 to 2017, this paper explore the driving forces and reduction potentials of employment in Afghanistan with consideration for dynamic changes within the traditional OLS and standardize OLS model. The results show that exchange rate plays a dominant role in increasing employment in Afghanistan. And exports and inflation rate plays a dominant role in decreasing employment in Afghanistan. All variables are co-integrated and the analysis of the impulse response function and variance decomposition turns out to be synchronous. Furthermore, in the short run export and inflation rate are more critical in reduction potentials of employment in Afghanistan. Policies should be advised to control inflation rate and illegal export and improve the investment projects to attract more FDI into the economy for quick adjustment purpose in case of the shock to the system.
NHRDN Virtual Learning Session on Internation HRM: Integrating HRM Across Bou...National HRD Network
1. The document discusses globalization and its impact on human resource management. It covers topics such as global HR competencies, international assignments, culture and diversity, and performance management across cultures.
2. International assignments can help fill skills gaps, ensure consistent corporate culture, and develop global leaders. However, they also present challenges in terms of expatriate selection, cross-cultural adjustment, and successful repatriation.
3. Managing global talent requires developing a global mindset, understanding cultural differences, and building credibility through strong HR functional skills. Organizations must prepare expatriates, support them during assignments, and ease their reentry into home countries.
This document summarizes a study that explored how multinational enterprises (MNEs) from different national origins conduct expatriate performance management. The study conducted interviews with expatriates and HR managers from subsidiaries of 5 MNEs in Taiwan operating in the information technology industry - Applied Materials (US), Philips (Netherlands), Hitachi (Japan), Samsung (Korea), and Winbond (Taiwan). The findings showed that while all firms used standardized performance forms from headquarters, there was a lack of on-the-job training. Goal setting, performance appraisal, and performance pay varied between companies and were attributed to differences in parent company culture and the nature of the expatriate mission. The study provides initial insights into how
Determinants And The Impact Foreign Investment To Economic Growth And Unemplo...iosrjce
This study aims to find the determinants of foreign direct investment coming into the Java-Bali and
analyze the impact of foreign investment on economic growth and unemployment in the Java-Bali. The research
methodology used in this research is quantitative method using secondary data 2004-2012 period, using key
informants and some informants who cooperate with foreign investors for a deeper investigation of some of the
results of this study. This study uses Path analysis through partial least square (PLS). The study found wages
and no significant negative impact on FDI, Economic Stability does not significantly affect the FDI, Human
Capital and significant positive effect on FDI, Human Capital and significant positive effect on wages, FDI
positive and significant impact on economic growth, FDI effect positive and significant impact on
unemployment. Results of this study have implications for practical namely: 1) Changes in wages that always
happens every year in Java and Bali does not affect foreign investment, 2) Changes in economic stability did not
result in changes in foreign investment, 3) Changes in human capital resulted in a change in planting foreign
capital, 4) Changes in human capital resulted in a change in wages, 5) Changes in foreign investment will lead
to changes in economic growth, 6) Changes in foreign investment resulted in changes in unemployment. This
affects the results of theoretical research on: 1) Strengthening existing theories such as: The Theory of
Differential Rates of Return Hypothesis, Theory vicious circle of Nurkse, Harrod Domar growth theory, growth
theory Solow, Romer growth theory, theory of acceleration; 2). Not in line with the theory as: Country Risk
Hypothesis Theory, Theory of The Location Hypothesis, theory of capital accumulation Jhingan, balanced
growth Doctrine
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The document discusses expatriate processes and living conditions for expatriates in Malaysia and Indonesia. It outlines different arrangements for expatriates depending on if they work for multinational corporations or small-and-medium enterprises. It also examines factors that can lead to higher failure rates for expatriates like inadequate preparation, cultural differences, and language barriers. Finally, it notes that many expatriates fail to return to their home country after an assignment overseas, resulting in lost investments and costs for companies.
Foreign Aid and Economic Growth in the West African States: A Panel Frameworkinventionjournals
This paper examines the impact of economic variables namely, foreign direct investment (FDI), investment, export, foreign aid and broad money supply on economic growth, approximated by gross domestic product (GDP)using annual data covering a period 1981-2008 on a group of West African countries. The impact of variables on GDP is estimated using three panel estimation models: pooled model (pooled), fixed effects model (FEM) and random effects model (REM). We explore the hypothesis that foreign aid can promote growth in developing countries. We test this hypothesis using panel data series,while the findings of previous studies are generally mixed, our resultsindicate that foreign direct investment has purely positive effects on economic growth in West African countries
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This document is a literature review and introduction to a research paper analyzing the economic, political, and social impacts of global offshoring. It provides background on the history and evolution of offshoring, beginning in the 1980s when companies opened factories in low-cost countries like India, China, and Mexico. While offshoring increased profits, it also decreased domestic employment. Current challenges include differing impacts on developing and developed countries, with developed countries facing job losses and lower tax revenue and developing countries gaining jobs but not always economic benefits. The research aims to analyze these impacts and potential solutions through qualitative and quantitative research methods.
This document examines factors that influence polytechnic students' decisions to graduate as entrepreneurs in Ghana. A survey of 250 students at Kumasi Polytechnic was conducted. The results from a probit model analysis show that personality factors, family and friend support, parental occupation, entrepreneurship education, gender, and access to finance positively influence students' decisions to become entrepreneurs, while concerns about public remarks negatively influence decisions. Only 36.8% of surveyed students expressed an interest in becoming entrepreneurs. The study aims to help address graduate unemployment in Ghana by better understanding what promotes graduate entrepreneurship.
This document summarizes a thesis that examines the impact of official development assistance (ODA) on foreign direct investment (FDI) in Vietnam using provincial data from 1998 to 2012. The author conducts a literature review that finds mixed results on the relationship between ODA and FDI. Some studies find a positive relationship, others a negative relationship, and some no relationship. The author develops a theoretical model based on neoclassical growth theory to explain the potential relationship. An empirical model is then specified to test the impact of ODA on FDI using panel data and controlling for factors like GDP, openness, and human capital. The author hypothesizes that ODA will have a positive significant effect on FDI inflows in
Investors see Ireland's main competitive advantage as access to European markets. Survey respondents cited access to the EU market (46%) as Ireland's top competitive advantage over other factors like the corporate tax rate (29%) and legal/fiscal stability (30%). While the corporate tax rate is important, investors view Ireland's overall tax infrastructure - which includes double taxation agreements and sector incentives - as more significant. Investors also praise Ireland's talented workforce but have concerns about high income taxes potentially discouraging senior talent. The biggest disadvantages for investors are outside of Ireland's control, such as the country's small size, but respondents believe Ireland could reduce red tape and regulations.
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Investing in Ireland: A survey of foreign direct investors is an Economist Intelligence Unit report sponsored by Matheson Ormsby Prentice. It examines the main factors that bring foreign direct investment to Ireland and the main ongoing challenges in attracting investment. Ronan Lyons was the report author. Aviva Freudmann and Jason Sumner were the editors.
To what extent foreign direct investment (fdi) affect in economic development...Alexander Decker
This document discusses research on the impact of foreign direct investment (FDI) on Pakistan's economic growth from 1975 to 2010. It finds that FDI has had a positive effect on economic growth in both the short and long run. The document reviews previous literature on the relationship between FDI and economic growth. It then describes the methodology used in the study, which analyzes the impact of FDI, reserves, inflation, and gross domestic savings on GDP. The results show that all variables are positively correlated with FDI and statistically significant. The conclusion is that FDI contributes to Pakistan's economic growth.
An Empirical Analysis of Relationship between Private Equity Investments and ...Dr. Amarjeet Singh
During the last decade the growth in the private
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attracting Private Equity investments in India.
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Jobs, FDI and Institutions in Sub-Saharan Africa: Evidence from Firm-level Data
1. Introduction Related literature Data Econometric model Empirical results Conclusion
Jobs, FDI and Institutions in Sub-Saharan Africa:
Evidence from Firm-level Data
Sotiris Blanas* Adnan Seric** Christian Viegelahn***
*Lancaster University
**United Nations Industrial Development Organization (UNIDO)
***International Labour Organization (ILO)
EALE 2017 Annual Conference
University of St. Gallen
September 23, 2017
All views expressed in this presentation are those of the authors and do not reflect the views of the institutions they
are affiliated with.
2. Introduction Related literature Data Econometric model Empirical results Conclusion
Motivation and research questions
Rapid expansion of FDI into developing countries in recent decades
Voluminous literature on effects of FDI on the host countries
(Javorcik, 2014; Blomstr¨om and Kokko, 1998)
Research questions:
Do foreign MNEs create jobs in host countries?
Are these jobs of higher quality than those created by domestic
firms?
Level of employment stability and security
Opportunities for training and human capital development
Level of wages
Sotiris Blanas* Adnan Seric** Christian Viegelahn*** *Lancaster University **United Nations
Jobs, FDI and Institutions in Sub-Saharan Africa 2/ 25
3. Introduction Related literature Data Econometric model Empirical results Conclusion
This paper
This paper:
Study the differences in the quantity and quality of jobs between
foreign-owned and domestic firms
Firm-level data from the UNIDO Africa Investor Survey 2010
Study how institutional factors at the country-level determine these
differences
Contribution 1:
Novel empirical evidence for Sub-Saharan Africa
Sotiris Blanas* Adnan Seric** Christian Viegelahn*** *Lancaster University **United Nations
Jobs, FDI and Institutions in Sub-Saharan Africa 3/ 25
4. Introduction Related literature Data Econometric model Empirical results Conclusion
This paper
Vulnerable employment and working poverty in Africa (% of total employment)
Source: ILO, Trends Econometric Models, November 2016.
Sotiris Blanas* Adnan Seric** Christian Viegelahn*** *Lancaster University **United Nations
Jobs, FDI and Institutions in Sub-Saharan Africa 4/ 25
5. Introduction Related literature Data Econometric model Empirical results Conclusion
This paper
Inward FDI into Africa, stock and flow (% of GDP)
Source: UNCTAD.
Sotiris Blanas* Adnan Seric** Christian Viegelahn*** *Lancaster University **United Nations
Jobs, FDI and Institutions in Sub-Saharan Africa 5/ 25
6. Introduction Related literature Data Econometric model Empirical results Conclusion
This paper
Contribution 2:
Common measures of job quantity and quality:
Total employment, wages (by type of worker)
Uncommon measures of job quality:
Employment by contract type, employment by worker type, unpaid work,
training expenditure by worker type
Contribution 3:
Additional characteristics of foreign-owned firms:
Location of parent company, greenfield FDI, MOFA status, main business
purpose, critical incentive for foreign investment
Contribution 4:
Empirical evidence on the role of country-level institutions:
Employment protection, governance quality, social policy
Sotiris Blanas* Adnan Seric** Christian Viegelahn*** *Lancaster University **United Nations
Jobs, FDI and Institutions in Sub-Saharan Africa 6/ 25
7. Introduction Related literature Data Econometric model Empirical results Conclusion
Preview of findings: different types of employment
Foreign-owned firms tend to offer more stable and secure jobs
than domestic firms
higher share of permanent full-time workers
lower share of temporary workers
Higher job stability/security offered by foreign-owned firms
whose parents are located inside and outside SSA
which have been created as greenfield FDI
whose main business purpose is to access new markets
which have benefited from capital grants, tax exemption,
improved infrastructure
Job stability/security gap between foreign-owned and
domestic firms smaller in countries with
higher firing costs, higher governance quality
Foreign-owned firms are less likely to offer unpaid work
Foreign-owned firms have a lower share of unpaid workers
Sotiris Blanas* Adnan Seric** Christian Viegelahn*** *Lancaster University **United Nations
Jobs, FDI and Institutions in Sub-Saharan Africa 7/ 25
8. Introduction Related literature Data Econometric model Empirical results Conclusion
Preview of findings: female/foreign employment, training
No statistically significant differences between foreign-owned
and domestic firms in terms of female employment
Foreign-owned firms have higher shares of
total foreign employment
foreign production, non-production, managerial workers
Foreign-owned firms tend to invest more in training
higher average training intensity
Higher average training intensity of foreign-owned firms
whose parents are located in high-income countries
which have been created as greenfield FDI
whose main business purpose is cost-effective production, input
access
which have benefited from tax exemption, recruitment grants
Sotiris Blanas* Adnan Seric** Christian Viegelahn*** *Lancaster University **United Nations
Jobs, FDI and Institutions in Sub-Saharan Africa 8/ 25
9. Introduction Related literature Data Econometric model Empirical results Conclusion
Preview of findings: wages
Foreign-owned firms tend to pay higher wages
higher average wage
higher wage to production, non-production, managerial workers
Wage premia paid by foreign-owned firms
whose parents are located inside and outside SSA
which have been created as greenfield FDI, M&As
whose main business purpose is to access new markets, join a
local partner, export back home, benefit from trade
agreements
which have benefited from capital grants, tax exemption,
recruitment grants
Wage gap between foreign-owned and domestic firms lower in
countries with
higher governance quality, greater social inclusion
Sotiris Blanas* Adnan Seric** Christian Viegelahn*** *Lancaster University **United Nations
Jobs, FDI and Institutions in Sub-Saharan Africa 9/ 25
10. Introduction Related literature Data Econometric model Empirical results Conclusion
Related literature: labour practices in foreign affiliates
MNEs tend to adapt to labour practices in host countries
Almond and Ferner (2006) on US MNEs with affiliates in Europe
MNEs transplant their management practices into their affiliates,
not their human resource practices
Bloom et al. (2009) on US MNEs with affiliates in UK, Germany, France
Foreign affiliates adopt human resource practices which are closer
to those of their host countries
Freeman et al. (2008) on a single US MNE with domestic and foreign
affiliates
Corporate social responsibility and adherence to MNE standards in
workplace practices
OECD and ILO (2008)
Sotiris Blanas* Adnan Seric** Christian Viegelahn*** *Lancaster University **United Nations
Jobs, FDI and Institutions in Sub-Saharan Africa 10/ 25
11. Introduction Related literature Data Econometric model Empirical results Conclusion
Related literature: training/wages in foreign-owned firms
Transfer of critical human capital to foreign affiliates from other
parts of the MNE e.g. parent company or sister affiliate
Moran et al. (2007), Coniglio et al. (2016)
Foreign-owned firms offer more training to their employees than
domestic firms
Chen (1983), Gershenberg (1987), Lindsey (1994), Filer et al. (1995),
World Bank (1997), Blomstr¨om and Kokko (1998), Barthel et al. (2011),
Javorcik (2015)
Wage premia of foreign-owned firms
te Velde and Morrissey (2003), Strobl and Thornton (2004), Lipsey and
Sj¨oholm (2004, 2006), Coniglio et al. (2015)
Lack of wage premia of foreign-owned firms in developed countries
Heyman et al. (2007), Huttunen (2007), Andrews et al. (2009),
Malchow-Møller et al. (2013)
Sotiris Blanas* Adnan Seric** Christian Viegelahn*** *Lancaster University **United Nations
Jobs, FDI and Institutions in Sub-Saharan Africa 11/ 25
12. Introduction Related literature Data Econometric model Empirical results Conclusion
Related literature: explanations for wage premia in
foreign-owned firms
Knowledge diffusion through labour mobility
Fosfuri et al. (2001), Glass and Saggi (2002), Balsvik (2011)
International rent sharing
Budd and Slaughter (2004), Budd et al. (2005)
Compensation for higher labour demand volatility in foreign plants
Fabbri et al. (2003)
Offset lack of knowledge of local labour markets
Lipsey and Sj¨oholm (2004)
Best-performing domestic firms taken over by foreign investors
Almeida (2007)
Unobservable worker characteristics (e.g. greater motivation)
Javorcik (2015)
Pivotal role of managers in international production hierarchies
Antr`as et al. (2006)
Sotiris Blanas* Adnan Seric** Christian Viegelahn*** *Lancaster University **United Nations
Jobs, FDI and Institutions in Sub-Saharan Africa 12/ 25
13. Introduction Related literature Data Econometric model Empirical results Conclusion
Data sources
Firm-level data
UNIDO Africa Investor Survey 2010
Representative sample of 6497 domestic and foreign-owned registered firms
Coverage of all economic sectors in 19 Sub-Saharan African countries
Country-level data
Mo Ibrahim Foundation, Ibrahim Index of African Governance
Measure of the quality of institutions
World Bank, World Development Indicators
Measure of firing costs
World Bank, Country Policy and Institutional Assessment (CPIA)
Measure of social inclusion
Sotiris Blanas* Adnan Seric** Christian Viegelahn*** *Lancaster University **United Nations
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14. Introduction Related literature Data Econometric model Empirical results Conclusion
Summary statistics for firm-level continuous variables
Variable Obs Mean Sd
total employment 6400 184 643
permanent full-time employment (share) 6388 0.80 0.25
temporary employment (share) 6306 0.17 0.23
part-time employment (share) 6276 0.03 0.09
unpaid work (share) 6005 0.01 0.05
permanent full-time production workers (share) 6398 0.49 0.32
permanent full-time non-production workers (share) 6398 0.25 0.25
permanent full-time managerial workers (share) 6222 0.23 0.21
permanent full-time female workers (share) 6186 0.26 0.22
permanent full-time female production workers (share) 5221 0.19 0.26
permanent full-time female non-production workers (share) 5750 0.41 0.31
permanent full-time female managerial workers (share) 5659 0.21 0.25
permanent full-time foreign workers (share) 5777 0.05 0.10
permanent full-time foreign production workers (share) 5232 0.02 0.08
permanent full-time foreign non-production workers (share) 5782 0.05 0.16
permanent full-time foreign managerial workers (share) 5397 0.15 0.27
average training intensity (USD) 5907 6.4 65.5
training intensity for production workers (USD) 5120 3.3 49.2
training intensity for non-production workers (USD) 5644 6.5 88.6
training intensity for managerial workers (USD) 5717 16.3 278.7
average wage (thousand USD) 5830 1.4 74.3
wage for production workers (USD) 5730 29.6 419.4
wage for non-production workers (USD) 5822 39.4 383.3
wage for managerial workers (USD) 5788 57.3 537.7
Sotiris Blanas* Adnan Seric** Christian Viegelahn*** *Lancaster University **United Nations
Jobs, FDI and Institutions in Sub-Saharan Africa 14/ 25
15. Introduction Related literature Data Econometric model Empirical results Conclusion
Summary statistics for firm-level dummy variables
Dummy variable No Yes Total
# % # % # %
temporary employment 2911 44.8 3586 55.2 6497 100
part-time employment 5460 84 1037 16 6497 100
unpaid work 5470 90.7 558 9.3 6028 100
foreign ownership 4094 63 2403 37 6497 100
parent in high-income (HI) country 1132 49.9 1136 50.1 2268 100
parent in low/middle-income (LMI) country 1448 63.8 822 36.2 2270 100
parent in Sub-Saharan Africa (SSA) 1961 86.3 312 13.7 2273 100
greenfield FDI 364 15.6 1965 84.4 2329 100
majority-owned foreign affiliate (MOFA) 291 12.5 2046 87.5 2337 100
principal motive to invest: new market access 587 25.7 1697 74.3 2284 100
principal motive to invest: low cost 2135 93.5 149 6.5 2284 100
principal motive to invest: input access 2164 94.7 120 5.3 2284 100
principal motive to invest: join partner 2170 95 114 5 2284 100
principal motive to invest: export back home 2227 97.5 57 2.5 2284 100
principal motive to invest: TA benefits 2233 97.8 51 2.2 2284 100
principal motive to invest: other 2188 95.8 96 4.2 2284 100
critical incentive to invest: capital grants 1186 93.7 80 6.3 1266 100
critical incentive to invest: tax exemption 804 63.5 462 36.5 1266 100
critical incentive to invest: recruitment grants 1256 99.2 10 0.8 1266 100
critical incentive to invest: staff training 1202 94.9 64 5.1 1266 100
critical incentive to invest: infrastructure 1162 91.8 104 8.2 1266 100
critical incentive to invest: other 720 56.9 546 43.1 1266 100
Sotiris Blanas* Adnan Seric** Christian Viegelahn*** *Lancaster University **United Nations
Jobs, FDI and Institutions in Sub-Saharan Africa 15/ 25
16. Introduction Related literature Data Econometric model Empirical results Conclusion
Summary statistics for country-level variables
Country Firing costs Governance quality Social inclusion
Burkina Faso 34 53.3 3.6
Burundi 26 45.8 3.3
Cameroon 33 46.8 3.1
Cape Verde 93 75.2 4.3
Ethiopia 40 44.3 3.6
Ghana 178 67.2 3.9
Kenya 47 53 3.5
Lesotho 44 58.3 3.3
Madagascar 30 50.9 3.6
Malawi 84 56.5 3.5
Mali 31 55.6 3.4
Mozambique 134 54.8 3.3
Niger 35 43 3.1
Nigeria 50 44.7 3.2
Rwanda 26 56.2 3.9
Senegal 38 58 3.4
Tanzania 18 58.8 3.7
Uganda 13 54.3 3.8
Zambia 178 56.7 3.5
Sample mean 59.6 54.4 3.5
Sotiris Blanas* Adnan Seric** Christian Viegelahn*** *Lancaster University **United Nations
Jobs, FDI and Institutions in Sub-Saharan Africa 16/ 25
17. Introduction Related literature Data Econometric model Empirical results Conclusion
Econometric model
Estimation of the following model for firm z in host country c and industry j:
JQzcj = α + β1 ∗ foreignzcj + β2 ∗ controlszcj + βc ∗ Dc + βj ∗ Dj + zcj
JQzcj : job quantity/quality measure
total employment, employment share by contract and worker type
dummies for temporary, part-time and unpaid work
share of unpaid work
average training intensity, training intensity by worker type
average wage, wage by worker type
If JQzcj continuous variable: estimation with OLS
If JQzcj dummy variable: estimation with probit
foreignzcj : dummy variable that indicated if firm is foreign-owned
Dc : host country FE
Dj : industry FE
Sotiris Blanas* Adnan Seric** Christian Viegelahn*** *Lancaster University **United Nations
Jobs, FDI and Institutions in Sub-Saharan Africa 17/ 25
18. Introduction Related literature Data Econometric model Empirical results Conclusion
Econometric model
controlszcj : vector of firm-level control variables
total sales, labour productivity, skill intensity, average wage
dummy indicating provision of training to employees
capital intensity, firm age
dummy indicating engagement in local backward linkages
dummy indicating engagement in local forward linkages
dummy indicating import status
dummy indicating export status
dummy indicating main competition from imports
dummy indicating main competition from domestic firms
Sotiris Blanas* Adnan Seric** Christian Viegelahn*** *Lancaster University **United Nations
Jobs, FDI and Institutions in Sub-Saharan Africa 18/ 25
19. Introduction Related literature Data Econometric model Empirical results Conclusion
Employment and foreign ownership
(1) (2) (3) (4) (5) (6) (7) (8)
Dep. var: total permanent temporary temporary part-time part-time unpaid unpaid
employment employment employment employment employment employment work work
(share) (dummy) (share) (dummy) (share) (dummy) (share)
foreign -0.07*** 0.02*** -0.02 -0.02*** -0.008 -0.003 -0.03*** -0.003**
sales 0.9*** 0.04*** 0.009 -0.03*** 0.005 -0.006*** -0.003 -0.004***
productivity -0.9*** -0.05*** -0.004 0.05*** -0.02*** 0.007*** -0.005 0.003***
skill intensity 0.09** -0.04** 0.03 0.04** 0.03 0.005 -0.02 0.0002
wage 0.04*** -0.007* 0.005 0.010*** -0.006 -0.002 -0.003 -0.0010
training -0.0009 -0.003 0.02 -0.008 0.05*** 0.009*** 0.03*** 0.003**
capital intensity 0.02*** -0.008*** 0.02*** 0.008*** 0.01*** 0.0002 0.002 -0.0006
firm age 0.0007 -0.0002 0.0006 0.0002 0.0006 0.000006 0.000009 0.00007*
local backward link 0.02 -0.02** 0.05*** 0.02** 0.01 0.0007 0.01 0.002
import status 0.06 -0.07 -0.1 0.09 -0.01 -0.02 0.06 0.01
local forward link 0.02 -0.01* 0.05*** 0.006 0.04*** 0.009*** 0.01 -0.0001
export status 0.09*** -0.05*** 0.06*** 0.05*** 0.03** 0.002 -0.003 0.0009
import competition 0.01 -0.007 0.01 -0.0006 0.01 0.006 0.02 -0.002
local competition 0.02 -0.01 0.01 0.004 0.006 0.005 0.008 0.001
Obs 4944 4944 4946 4931 4946 4916 4808 4807
R2 0.87 0.21 0.21 0.038 0.043
Pseudo − R2 0.11 0.078 0.095
Log − likelihood -2978.0 -2039.6 -1304.7
Sotiris Blanas* Adnan Seric** Christian Viegelahn*** *Lancaster University **United Nations
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21. Introduction Related literature Data Econometric model Empirical results Conclusion
Training, wages and foreign ownership
Panel A: Provision of training and foreign ownership
(1) (2) (3) (4)
Dep. var: training intensity
average production non-production managerial
workers workers workers
foreign 0.109* 0.008 0.036 0.043
[0.062] [0.027] [0.030] [0.038]
Obs 4430 4225 4612 4705
R2 0.29 0.16 0.18 0.21
Panel B: Wages and foreign ownership
(1) (2) (3) (4)
Dep. var: average wage for wage for wage for
wage production non-production managerial
workers workers workers
foreign 0.208*** 0.120*** 0.162*** 0.229***
[0.035] [0.029] [0.028] [0.029]
Obs 4947 4332 4674 4756
R2 0.83 0.91 0.89 0.89
Sotiris Blanas* Adnan Seric** Christian Viegelahn*** *Lancaster University **United Nations
Jobs, FDI and Institutions in Sub-Saharan Africa 21/ 25
22. Introduction Related literature Data Econometric model Empirical results Conclusion
Wages and foreign ownership
Panel A: Governance quality
(1) (2) (3) (4)
Dep. var: average wage for wage for wage for
wage production non-production managerial
workers workers workers
foreign 0.604** 0.408** 0.402** 0.830***
[0.269] [0.180] [0.173] [0.179]
foreign * governance -0.007 -0.005* -0.004 -0.011***
[0.005] [0.003] [0.003] [0.003]
Obs 4947 4332 4674 4756
R2 0.83 0.91 0.89 0.89
Panel B: Social inclusion
(1) (2) (3) (4)
Dep. var: average wage for wage for wage for
wage production non-production managerial
workers workers workers
foreign 1.399*** 0.870*** 0.705** 1.687***
[0.432] [0.298] [0.298] [0.322]
foreign * social inclusion -0.332*** -0.209** -0.151* -0.406***
[0.120] [0.082] [0.082] [0.088]
Obs 4947 4332 4674 4756
R2 0.83 0.91 0.89 0.89
Sotiris Blanas* Adnan Seric** Christian Viegelahn*** *Lancaster University **United Nations
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23. Introduction Related literature Data Econometric model Empirical results Conclusion
Conclusion and policy implications
Relative to domestic firms, foreign-owned firms tend to create jobs
which offer:
higher employment stability and security
more training opportunities
higher wages
Crucial role of additional characteristics of foreign-owned firms:
parent location
mode of foreign investment (e.g. greenfield FDI)
principal motive for foreign investment (e.g. market access)
critical incentive for foreign investment (e.g. tax exemption)
majority foreign ownership
Better human resource practices of MNEs transplanted, at least
partially, into their foreign affiliates?
Sotiris Blanas* Adnan Seric** Christian Viegelahn*** *Lancaster University **United Nations
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24. Introduction Related literature Data Econometric model Empirical results Conclusion
Conclusion and policy implications
Differences in job stability and security smaller in countries with
higher firing costs
higher governance quality
Wage differences smaller in countries with
higher governance quality
higher social policy standards
Domestic firms offer more stable and secure and better paid jobs in
these countries
Smaller benefits for local workers in these countries from the
presence of foreign MNEs
Sotiris Blanas* Adnan Seric** Christian Viegelahn*** *Lancaster University **United Nations
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25. Introduction Related literature Data Econometric model Empirical results Conclusion
Suggestions for further research
Do MNEs transplant their (better) human resource practices
into their foreign affiliates and to what extent? If yes, why?
Do these spill over to domestic firms and how?
Accounting for worker and foreign firm heterogeneity to
explain wage premia
Causal relationship of foreign ownership with job
quantity/quality
Sotiris Blanas* Adnan Seric** Christian Viegelahn*** *Lancaster University **United Nations
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