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The Effects of Extensive and Intensive Margins of FDI on Domestic Employment: Microeconomic Evidence from Italy

机译:外国直接投资的广泛和集约利润率对国内就业的影响:来自意大利的微观经济证据

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摘要

In this paper we verify whether enterprises that have started to produce abroad have reduced employment at home after the first foreign investment (extensive margin). Next, we assess whether changes in foreign employment induce changes in domestic employment for a sample of multinationals that have already established activities abroad (intensive margin). Using matching method and diff-in-diffs estimates, we find that two years after the first foreign investment domestic employment of investing firms is slightly higher than that of domestic enterprises, but mainly among those that have undertaken horizontal foreign direct investment. In multinationals that have already activated foreign operations we find a positive relationship between foreign and domestic employment. Our findings suggest that the skill composition of domestic workforce does not change neither at the extensive nor at the intensive margin of FDI.
机译:在本文中,我们验证了开始进行海外生产的企业是否在首次外国投资后(大量利润)减少了国内就业。接下来,我们评估了已经在国外开展活动的跨国公司样本中的外国就业变化是否会引起国内就业变化(密集利润)。使用匹配方法和差异估计,我们发现,首次外商投资两年后,投资公司的国内就业率略高于国内企业,但主要是那些进行了横向外国直接投资的公司。在已经启动了外国业务的跨国公司中,我们发现外国和国内就业之间存在积极的关系。我们的发现表明,在外国直接投资的广泛或密集范围内,家庭劳动力的技能组成都不会改变。

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