Why Foreign Ownership May Be Good for You

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dc.contributor.author Egger, Hartmut de_DE
dc.contributor.author Kreickemeier, Udo de_DE
dc.date.accessioned 2011-11-02 de_DE
dc.date.accessioned 2014-03-18T10:03:47Z
dc.date.available 2011-11-02 de_DE
dc.date.available 2014-03-18T10:03:47Z
dc.date.issued 2011 de_DE
dc.identifier.other 352543434 de_DE
dc.identifier.uri http://nbn-resolving.de/urn:nbn:de:bsz:21-opus-58648 de_DE
dc.identifier.uri http://hdl.handle.net/10900/47874
dc.description.abstract We develop a general equilibrium two-country model with heterogeneous producers and rent sharing at the firm level due to fairness preferences of workers. We identify two sources of a multinational wage premium. On the one hand, there is a pure composition effect because multinational firms are more productive, make higher profits, and therefore pay higher wages. On the other hand, there is a firm-level wage effect: A multinational firm pays higher wages in its home market than an otherwise identical national firm since it has higher global profits. We analyse how these two sources interact in determining the multinational wage premium in a setting with two identical countries, and show that in this case the wage premium is fully explained by firm characteristics. We then allow for technology dierences between countries and find that a residual wage premium exists in the technologically backward country, but not in the advanced country. en
dc.language.iso en de_DE
dc.publisher Universität Tübingen de_DE
dc.rights ubt-podno de_DE
dc.rights.uri http://tobias-lib.uni-tuebingen.de/doku/lic_ohne_pod.php?la=de de_DE
dc.rights.uri http://tobias-lib.uni-tuebingen.de/doku/lic_ohne_pod.php?la=en en
dc.subject.classification Multinationales Unternehmen de_DE
dc.subject.ddc 330 de_DE
dc.subject.other Multinational Firms , Wage Premium , Heterogeneous Firms en
dc.title Why Foreign Ownership May Be Good for You en
dc.type ResearchPaper de_DE
utue.publikation.fachbereich Wirtschaftswissenschaften de_DE
utue.publikation.fakultaet 6 Wirtschafts- und Sozialwissenschaftliche Fakultät de_DE
dcterms.DCMIType Text de_DE
utue.publikation.typ workingPaper de_DE
utue.opus.id 5864 de_DE
utue.publikation.source University of Tübingen Working Papers in Economics and Finance ; 19 de_DE

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