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A General Equilibrium Model of Multinational Corporations in Developing Economies

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  • Batra, Raveendra N
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    Abstract

    The standard approach to mea suring earnings differentials is extended to include a female participation deci sion, and the effectsof sample selection are analyzed. A substantial proportion of the earnings differential between men and women in the U.K. graduate labor m arket can be attributed to residual factors rather than attributes and character istics. Womens' earnings could be as much as18 percent higher if these factors were removed. A statistically significant sample selection effect is present, bu t its quantitativeimpact on the measures of the residual differential is variab le. Thedata are sufficiently comprehensive to justify wider academic interest. Copyright 1986 by Royal Economic Society.

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    Bibliographic Info

    Article provided by Oxford University Press in its journal Oxford Economic Papers.

    Volume (Year): 38 (1986)
    Issue (Month): 2 (July)
    Pages: 342-53

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    Handle: RePEc:oup:oxecpp:v:38:y:1986:i:2:p:342-53

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    Cited by:
    1. Beladi, Hamid & Kwan Choi, E., 1995. "On the emergence of multinational corporations in developing economies: A note," Regional Science and Urban Economics, Elsevier, vol. 25(5), pages 675-684, October.
    2. Reis, Ana Balcao, 2006. "Welfare, taxes and foreign investment," Journal of Economic Dynamics and Control, Elsevier, vol. 30(6), pages 1045-1061, June.
    3. Chao, Chi-Chur & Yu, Eden S. H., 1998. "Export-share requirements, trade balances and welfare: a two-period analysis," Journal of Development Economics, Elsevier, vol. 56(1), pages 217-228, June.
    4. Chao, Chi-Chur & Yu, Eden S. H., 2003. "Export-performance requirements, foreign investment quotas, and welfare in a small dynamic economy," Journal of Development Economics, Elsevier, vol. 72(1), pages 387-400, October.
    5. Yu, Eden S. H. & Chi-Chur, Chao, 1996. "Are wholly foreign-owned enterprises better than joint ventures?," Journal of International Economics, Elsevier, vol. 40(1-2), pages 225-237, February.
    6. Andrzej Cieslik, 2012. "Multinational Enterprises, Foreign Knowledge Spillovers and Host Country Wages," Equilibrium, Uniwersytet Mikolaja Kopernika, vol. 7, pages 7-20.
    7. Sugata Marjit & Hamid Beladi, 2001. "South-South Cooperation and Export," Theory and Decision, Springer, vol. 50(3), pages 283-293, May.

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