Foreign direct investment, education and wages in Indonesian manufacturing

• 成果类型: Article
• 署名作者: Lipsey, RE; Sjöholm, F
• 署名单位: Stockholm School of Economics; National Bureau of Economic Research
• 刊物名称: JOURNAL OF DEVELOPMENT ECONOMICS
• ISSN/ISSBN: 0304-3878
• DOI: 10.1016/j.jdeveco.2002.12.004
• 发表日期: 2004
• 页码: 415-422
• 关键词: FDI; wages; Indonesia

摘要

This paper examines whether the higher wages paid by foreign-owned manufacturing plants than by domestically owned plants, typical of most countries, represents a higher price for labor. That is, does it reflect a higher price for workers of a given quality, as represented by the level of education? We then ask whether foreign-owned plants pay a higher price for labor given the characteristics of the plants. Foreign-owned firms are found to pay a higher price for labor of a given educational level than domestically owned ones. Only a part of the difference is associated with plant characteristics, rather than ownership. (C) 2003 Published by Elsevier B.V.