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Employment effects of foreign acquisition

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  • Bandick, Roger
  • Karpaty, Patrik

Abstract

This paper investigates the employment effects of foreign acquisitions in acquired firms in Swedish manufacturing during the 1990s; a period characterized by a dramatic increase in foreign ownership. We find some evidence of positive employment effects in acquired firms and it seems that the employment of skilled labor increases more than that of less-skilled labor. Our results indicate that the positive employment effects are more pronounced in acquired non-MNEs than in Swedish MNEs. Furthermore, we observe shifts in skill intensities toward higher shares of skilled labor in non-MNEs taken over by foreign MNEs, but not in acquired Swedish MNEs.

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Bibliographic Info

Article provided by Elsevier in its journal International Review of Economics & Finance.

Volume (Year): 20 (2011)
Issue (Month): 2 (April)
Pages: 211-224

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Handle: RePEc:eee:reveco:v:20:y:2011:i:2:p:211-224

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Web page: http://www.elsevier.com/locate/inca/620165

Related research

Keywords: Foreign acquisitions Labor demand Matching Difference-in-difference Multinational enterprises;

References

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Citations

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Cited by:
  1. FERRAGINA, Anna Maria, 2013. "The Impact of FDI on Firm Survival and Employment: A Comparative Analysis for Turkey and Italy," CELPE Discussion Papers 127, CELPE - Centre of Labour Economics and Economic Policy, University of Salerno, Italy.
  2. Gazaniol, Alexandre, 2012. "The impact of outward FDI on the domestic perimeter of manufacturing groups," Economics Papers from University Paris Dauphine 123456789/9019, Paris Dauphine University.
  3. Alexandre Gazaniol, 2012. "The impact of outward FDI on the domestic perimeter of manufacturing groups," Working Papers DT/2012/03, DIAL (Développement, Institutions et Mondialisation).

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