Roger Bandick: ESI, Postal: Örebro University , and FIEF, Wallingatan 38, SE-111 24 Stockholm, Sweden
Abstract: The paper examines whether foreign-owned firms pay higher wages than domestically owned firms, controlling for a number of firm characteristics. As in most other similar studies I find that this appears to be the case. In particular, skilled labor seems to profit from working in foreign-owned firms. Furthermore, I distinguish between Swedish multinational enterprises (MNEs) and other domestically owned firms. In accordance with the idea that MNEs are superior to other firms the former pays significantly higher wages than other domestically owned firms. Foreigners acquiring high-wage Swedish MNEs may thus account for the higher wages in foreign-owned firms. Alternatively, the acquired firms might have more favorable wage growth than non-targeted domestically owned firms. Nevertheless, the two explanations are not mutually exclusive I only get support for that foreign firms select high-wage firms (Swedish MNEs as well as non-MNEs) for acquisition.
27 pages, December 17, 2004
Full text files
Questions (including download problems) about the papers in this series should be directed to Sune Karlsson ()
Report other problems with accessing this service to Sune Karlsson ().
This page generated on 2018-01-23 23:31:54.