Wages and foreign ownership - A comparative study of Mexico, Venezuela, and the United States
成果类型：
Article; Proceedings Paper
署名作者：
Aitken, B; Harrison, A; Lipsey, RE
署名单位：
Columbia University; National Bureau of Economic Research; City University of New York (CUNY) System; Queens College NY (CUNY); City University of New York (CUNY) System
刊物名称：
JOURNAL OF INTERNATIONAL ECONOMICS
ISSN/ISSBN：
0022-1996
DOI：
10.1016/0022-1996(95)01410-1
发表日期：
1996
页码：
345-371
关键词：
摘要：
This paper explores the relationship between wages and foreign investment in Mexico, Venezuela, and the United States. Despite very different economic conditions and levels of development, we find one fact that is robust across all three countries: higher levels of foreign investment are associated with higher wages. However, in Mexico and Venezuela, foreign investment is associated with higher wages only for foreign-owned firms - there is no evidence of wage spillovers leading to higher wages for domestic firms. The lack of spillovers in Mexico and Venezuela is consistent with significant wage differentials between foreign and domestic enterprises. In the United States, where the evidence suggests some wage spillovers from foreign to domestic enterprises, wage differentials are smaller.