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Registros recuperados: 5
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Foreign-Owned Firms in the German Labour Market AgEcon
Jungnickel, Rolf; Keller, Dietmar.
Compared to other Western European countries, Germany was less successful in attracting FDI in the 1990s. The falling behind in inward-FDI should be no problem if foreign-owned firms (FoFs) were only substitutes for indigenous firms. However, to the extent they differ significantly in terms of performance and structure, FoFs could be an interesting target group of economic policy. We empirically test three hypotheses: FoFs enjoy a productivity advantage over purely nationally operating firms but not - or less so - over multinationals headquartered in Germany (H1). The demand for qualified labour is higher in FoFs compared to German firms (H2). FoFs show a more flexible conduct on the labour market than German-owned firms; they are less integrated in the...
Tipo: Working or Discussion Paper Palavras-chave: Multinational firms; Labour force and employment; International Relations/Trade; Labor and Human Capital; F230; J210.
Ano: 2003 URL: http://purl.umn.edu/26149
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Foreign Takeovers and Wages: Theory and Evidence from Hungary AgEcon
Csengodi, Sandor; Jungnickel, Rolf; Urban, Dieter.
This study discriminates FDI technology spillover from learning effects. Whenever learning takes time, our model predicts that foreign investors deduct the economic value of learning from wages of inexperienced workers and add it to experienced ones to prevent them from moving to local competitors. Hence, the national wage bill is unaffected by foreign takeovers. In contrast to learning, technology spillover effects occur whenever a worker with MNE experience contributes more to local firms' than to MNEs' productivity. In this case, experienced MNE workers are hired by local firms and the host country obtains a welfare gain. We investigate empirically wages, productivity, and worker turnover during the course of foreign takeovers on employee-employer...
Tipo: Working or Discussion Paper Palavras-chave: FDI; Foreign takeover; Cross-border M&A; Wage regression; Employee-employer matched data; Propensity score matching; FDI technology spillover; International Relations/Trade; Labor and Human Capital; F2; J3.
Ano: 2005 URL: http://purl.umn.edu/26278
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German FDI in Latin America and Caribbean in the Wake of the Crisis AgEcon
Jungnickel, Rolf.
Tipo: Working or Discussion Paper Palavras-chave: International Relations/Trade.
Ano: 2004 URL: http://purl.umn.edu/26069
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What Gravity Models Can Tell Us about the Position of German FDI in Central and Eastern Europe AgEcon
Borrmann, Christine; Jungnickel, Rolf; Keller, Dietmar.
The tradition of gravity models is in the analysis of trade flows with market size and geographic or economic distance as core variables. Both these variables can be important determinants of FDI, too. However, when such models are used to explain FDI, there can be differences in the mode of operation of these variables so that the interpretation can become uncertain. Market size can reach beyond the host country and distance can be an incentive as well as an impediment to FDI. In the present paper, we use gravity-type models in order to assess the level of German FDI in CEE countries, distinguishing between the four nearby core countries and the other six EU accession countries. Estimates are done both on the basis of an in-sample as well as an...
Tipo: Working or Discussion Paper Palavras-chave: Foreign Direct Investment; Gravity Model; Transformation Countries; International Relations/Trade; F200; F230.
Ano: 2005 URL: http://purl.umn.edu/26386
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German FDI and Integration of Production in the EU AgEcon
Jungnickel, Rolf; Keller, Dietmar.
In this paper, we investigate internationalization strategies of German manufacturing firms in the European Union. We give reasons for the hypothesis that traditional market strategies had been replaced by border-crossing production networking based on the comparative advantage of host countries and on specialisation and scale economies. Our empirical test of this hypothesis shows, on the one hand, that traditional market strategies are not outdated. On the other hand, there are clear signs of international network strategies. They form an important component in internationalization strategies of multinationals in the Internal Market. The location of foreign production of German multinationals is, among others, oriented towards the technological potential...
Tipo: Working or Discussion Paper Palavras-chave: Foreign Direct Investment; European Integration; Internationalization strategies; International Relations/Trade; F150; F210; F230.
Ano: 2003 URL: http://purl.umn.edu/26376
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