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来源类型 | Working Paper |
规范类型 | 报告 |
DOI | 10.3386/w26149 |
来源ID | Working Paper 26149 |
The Effects of Foreign Multinationals on Workers and Firms in the United States | |
Bradley Setzler; Felix Tintelnot | |
发表日期 | 2019-08-19 |
出版年 | 2019 |
语种 | 英语 |
摘要 | Governments go to great lengths to attract foreign multinationals because they are thought to raise the wages paid to their employees (direct effects) and to improve outcomes at local domestic firms (indirect effects). We construct the first U.S. employer-employee dataset with foreign ownership information from tax records to measure these direct and indirect effects. We find the average direct effect of a foreign multinational firm on its U.S. workers is a 7 percent increase in wages. This premium is larger for higher skilled workers and for the employees of firms from high GDP per capita countries. We find evidence that it is membership in a multinational production network—instead of foreignness—that generates the foreign firm premium. We leverage the past spatial clustering of foreign-owned firms by country of owner-ship to identify the indirect effects. An expansion in the foreign multinational share of commuting zone employment substantially increases the employment, value added, and—for higher earning workers—wages at local domestic-owned firms. Per job created by a foreign multinational, our estimates suggest annual gains of 13,400 USD to the aggregate wages of local incumbents, two-thirds of which are from indirect effects. Our estimates suggest that—via mega-deals for subsidies from local governments—foreign multinationals are able to extract a sizable fraction of the local surplus they generate. |
主题 | International Economics ; International Factor Mobility ; Labor Economics ; Labor Compensation ; Regional and Urban Economics ; Regional Economics |
URL | https://www.nber.org/papers/w26149 |
来源智库 | National Bureau of Economic Research (United States) |
引用统计 | |
资源类型 | 智库出版物 |
条目标识符 | http://119.78.100.153/handle/2XGU8XDN/583823 |
推荐引用方式 GB/T 7714 | Bradley Setzler,Felix Tintelnot. The Effects of Foreign Multinationals on Workers and Firms in the United States. 2019. |
条目包含的文件 | ||||||
文件名称/大小 | 资源类型 | 版本类型 | 开放类型 | 使用许可 | ||
w26149.pdf(957KB) | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 |
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