Gateway to Think Tanks
来源类型 | Working Paper |
规范类型 | 报告 |
DOI | 10.3386/w8809 |
来源ID | Working Paper 8809 |
International Rent Sharing in Multinational Firms | |
John W. Budd; Josef Konings; Matthew J. Slaughter | |
发表日期 | 2002-02-28 |
出版年 | 2002 |
语种 | 英语 |
摘要 | We use a unique firm-level panel data set of multinational parents and their foreign affiliates to analyze whether profits are shared across borders within multinational firms. Using both fixed-effects and generalized method-of-moments estimators, affiliate wage levels are estimated to respond to both affiliate and parent profitability. The elasticity of affiliate wages to parent profits per worker is approximately 0.03, which can explain over 20 percent of the observed variation in affiliate wages. These results reveal a previously ignored aspect of labor-market rent sharing. They also reveal an important micro-level linkage with potential macro-level implications. International rent sharing can transmit economic conditions across national borders, and can thereby provide an implicit cross-country risk-sharing mechanism. |
主题 | International Economics ; International Factor Mobility ; Labor Economics ; Labor Compensation |
URL | https://www.nber.org/papers/w8809 |
来源智库 | National Bureau of Economic Research (United States) |
引用统计 | |
资源类型 | 智库出版物 |
条目标识符 | http://119.78.100.153/handle/2XGU8XDN/566416 |
推荐引用方式 GB/T 7714 | John W. Budd,Josef Konings,Matthew J. Slaughter. International Rent Sharing in Multinational Firms. 2002. |
条目包含的文件 | ||||||
文件名称/大小 | 资源类型 | 版本类型 | 开放类型 | 使用许可 | ||
w8809.pdf(197KB) | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 |
除非特别说明,本系统中所有内容都受版权保护,并保留所有权利。