Wages and foreign ownership: a comparative study of Mexico, Venezuela, and the United States
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 which is robust across all three countries: higher levels of foreign investment are associated...
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| Main Authors: | , , |
|---|---|
| Format: | Book |
| Language: | English |
| Published: |
Cambridge, Mass.
1995
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| Series: | National Bureau of Economic Research <Cambridge, Mass.>: NBER working paper series
5102 |
| Subjects: | |
| Summary: | 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 which is robust across all three countries: higher levels of foreign investment are associated with higher wages. In Mexico and Venezuela, foreign investment was associated with higher wages only for foreign-owned firms -- there is no evidence of wage spillovers leading to higher wages for domestic firms. In the United States there is evidence of wage spillovers. The lack of spillovers in Mexico and Venezuela is consistent with significant wage differentials between foreign and domestic enterprises. In the United States, wage differentials are smaller. |
| Physical Description: | 32 S. |
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| 490 | 1 | |a National Bureau of Economic Research <Cambridge, Mass.>: NBER working paper series |v 5102 | |
| 520 | |a 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 which is robust across all three countries: higher levels of foreign investment are associated with higher wages. In Mexico and Venezuela, foreign investment was associated with higher wages only for foreign-owned firms -- there is no evidence of wage spillovers leading to higher wages for domestic firms. In the United States there is evidence of wage spillovers. The lack of spillovers in Mexico and Venezuela is consistent with significant wage differentials between foreign and domestic enterprises. In the United States, wage differentials are smaller. | ||
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| geographic | Mexiko USA |
| geographic_facet | Mexiko USA |
| id | DE-604.BV010366722 |
| illustrated | Not Illustrated |
| indexdate | 2024-12-20T09:52:47Z |
| institution | BVB |
| language | English |
| oai_aleph_id | oai:aleph.bib-bvb.de:BVB01-006901196 |
| oclc_num | 35300880 |
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| physical | 32 S. |
| publishDate | 1995 |
| publishDateSearch | 1995 |
| publishDateSort | 1995 |
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| series | National Bureau of Economic Research <Cambridge, Mass.>: NBER working paper series |
| series2 | National Bureau of Economic Research <Cambridge, Mass.>: NBER working paper series |
| spelling | Aitken, Brian Verfasser aut Wages and foreign ownership a comparative study of Mexico, Venezuela, and the United States Brian Aitken ; Ann Harrison ; Robert E. Lipsey Cambridge, Mass. 1995 32 S. txt rdacontent n rdamedia nc rdacarrier National Bureau of Economic Research <Cambridge, Mass.>: NBER working paper series 5102 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 which is robust across all three countries: higher levels of foreign investment are associated with higher wages. In Mexico and Venezuela, foreign investment was associated with higher wages only for foreign-owned firms -- there is no evidence of wage spillovers leading to higher wages for domestic firms. In the United States there is evidence of wage spillovers. The lack of spillovers in Mexico and Venezuela is consistent with significant wage differentials between foreign and domestic enterprises. In the United States, wage differentials are smaller. Corporations, Foreign Mexico Corporations, Foreign United States Corporations, Foreign Venezuela Wages Mexico Effect of foreign investment on Wages United States Effect of foreign investment on Wages Venezuela Effect of foreign investment on Mexiko USA Harrison, Ann E. Verfasser (DE-588)128733292 aut Lipsey, Robert E. 1926-2011 Verfasser (DE-588)124511538 aut National Bureau of Economic Research <Cambridge, Mass.>: NBER working paper series 5102 (DE-604)BV002801238 5102 |
| spellingShingle | Aitken, Brian Harrison, Ann E. Lipsey, Robert E. 1926-2011 Wages and foreign ownership a comparative study of Mexico, Venezuela, and the United States National Bureau of Economic Research <Cambridge, Mass.>: NBER working paper series Corporations, Foreign Mexico Corporations, Foreign United States Corporations, Foreign Venezuela Wages Mexico Effect of foreign investment on Wages United States Effect of foreign investment on Wages Venezuela Effect of foreign investment on |
| title | Wages and foreign ownership a comparative study of Mexico, Venezuela, and the United States |
| title_auth | Wages and foreign ownership a comparative study of Mexico, Venezuela, and the United States |
| title_exact_search | Wages and foreign ownership a comparative study of Mexico, Venezuela, and the United States |
| title_full | Wages and foreign ownership a comparative study of Mexico, Venezuela, and the United States Brian Aitken ; Ann Harrison ; Robert E. Lipsey |
| title_fullStr | Wages and foreign ownership a comparative study of Mexico, Venezuela, and the United States Brian Aitken ; Ann Harrison ; Robert E. Lipsey |
| title_full_unstemmed | Wages and foreign ownership a comparative study of Mexico, Venezuela, and the United States Brian Aitken ; Ann Harrison ; Robert E. Lipsey |
| title_short | Wages and foreign ownership |
| title_sort | wages and foreign ownership a comparative study of mexico venezuela and the united states |
| title_sub | a comparative study of Mexico, Venezuela, and the United States |
| topic | Corporations, Foreign Mexico Corporations, Foreign United States Corporations, Foreign Venezuela Wages Mexico Effect of foreign investment on Wages United States Effect of foreign investment on Wages Venezuela Effect of foreign investment on |
| topic_facet | Corporations, Foreign Mexico Corporations, Foreign United States Corporations, Foreign Venezuela Wages Mexico Effect of foreign investment on Wages United States Effect of foreign investment on Wages Venezuela Effect of foreign investment on Mexiko USA |
| volume_link | (DE-604)BV002801238 |
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