Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/34898 
Full metadata record
DC FieldValueLanguage
dc.contributor.authorMartins, Pedro Silvaen
dc.contributor.authorEsteves, Luiz A.en
dc.date.accessioned2008-07-30-
dc.date.accessioned2010-07-07T11:30:31Z-
dc.date.available2010-07-07T11:30:31Z-
dc.date.issued2008-
dc.identifier.piurn:nbn:de:101:1-20080619140en
dc.identifier.urihttp://hdl.handle.net/10419/34898-
dc.description.abstractHow much do developing countries benefit from foreign investment? We contribute to this question by comparing the employment and wage practices of foreign and domestic firms in Brazil, using detailed matched firm-worker panel data. In order to control for unobserved worker differences, we examine both foreign acquisitions and divestments and worker mobility, including the joint estimation of firm and worker fixed effects. We find that changes in ownership do not tend to affect wages significantly, a result that holds both at the worker- and firm-levels. However, divestments are related to large job cuts, unlike acquisitions. On the other hand, movers from foreign to domestic firms take larger wage cuts than movers from domestic to foreign firms. Moreover, on average, the fixed effects of foreign firms are considerably larger than those of domestic firms, while worker selection effects are relatively small.en
dc.language.isoengen
dc.publisher|aInstitute for the Study of Labor (IZA) |cBonnen
dc.relation.ispartofseries|aIZA Discussion Papers |x3542en
dc.subject.jelJ31en
dc.subject.ddc330en
dc.subject.keywordForeign direct investmenten
dc.subject.keywordownership changesen
dc.subject.keywordworker mobilityen
dc.subject.stwDirektinvestitionen
dc.subject.stwAusländischen
dc.subject.stwEigentümerstrukturen
dc.subject.stwBeschäftigungseffekten
dc.subject.stwLohnen
dc.subject.stwArbeitsmobilitäten
dc.subject.stwÜbernahmeen
dc.subject.stwDesinvestitionen
dc.subject.stwBrasilienen
dc.titleForeign ownership, employment and wages in Brazil: evidence from acquisitions, divestments and job movers-
dc.type|aWorking Paperen
dc.identifier.ppn571194370en
dc.rightshttp://www.econstor.eu/dspace/Nutzungsbedingungenen

Files in This Item:
File
Size
302.28 kB





Items in EconStor are protected by copyright, with all rights reserved, unless otherwise indicated.