全球智库信息集成服务系统(G2TT): DP9863 Cross-border mergers and domestic-firm wages: Integrating ?spillover effects? and ?bargaining effects?

G2TT

来源类型	Discussion paper
规范类型	论文
来源ID	DP9863
	DP9863 Cross-border mergers and domestic-firm wages: Integrating ?spillover effects? and ?bargaining effects?
	Lars Sørgard; Klaus Peter Gugler; Joseph A. Clougherty
发表日期	2014-03-02
出版年	2014
语种	英语
摘要	Two literatures exist concerning cross-border merger activity?s impact on domestic wages: one focusing on spillover-effects; the other focusing on bargaining-effects. Motivated by scarce theoretical scholarship spanning these literatures, we nest both mechanisms in a single conceptual framework. Considering the separate phenomena of inward and outward cross-border merger activity, we predict that ?bargaining? (?spillover?) effects are relatively more dominant under high (low) unionization rates and under high (low) degrees of relatedness. Employing US firm-level panel data on wages combined with industry-level data on unionization and merger activity (covering 1989-2001), we find support for our propositions as inward and outward cross-border merger activity generate positive spillovers to wages, but are more likely to generate firm-level wage decreases when unionization rates are high and when cross-border merger activity is best characterized as related.
主题	Industrial Organization ; International Trade and Regional Economics ; Labour Economics
关键词	Cross-border mergers Fdi Bargaining Spillovers Wages
URL	https://cepr.org/publications/dp9863
来源智库	Centre for Economic Policy Research (United Kingdom)
资源类型	智库出版物
条目标识符	http://119.78.100.153/handle/2XGU8XDN/538697
推荐引用方式 GB/T 7714	Lars Sørgard,Klaus Peter Gugler,Joseph A. Clougherty. DP9863 Cross-border mergers and domestic-firm wages: Integrating ?spillover effects? and ?bargaining effects?. 2014.