IDEAS home Printed from https://ideas.repec.org/a/taf/glecrv/v50y2021i4p340-357.html
   My bibliography  Save this article

The Effect of Multinationals’ Downsizing on the Domestic Labour Market

Author

Listed:
  • Hyelin Choi
  • Danbee Park

Abstract

This study examines the effect of foreign-owned firms’ downsizing on the domestic labour market using Korean firm-level data during 2006–2017. We identify horizontal and vertical effects of foreign firms on the domestic employment within the region and across regions. Empirical results support that foreign firms’ downsizing leads to a decrease in domestic firms’ employment in the same industry. Domestic firms in the upstream industries reduce employment in response to foreign firms’ downsizing. Displaced workers from foreign firms may be transferred to domestic firms in the downstream industries. These results are more pronounced within the region.

Suggested Citation

  • Hyelin Choi & Danbee Park, 2021. "The Effect of Multinationals’ Downsizing on the Domestic Labour Market," Global Economic Review, Taylor & Francis Journals, vol. 50(4), pages 340-357, October.
    • Handle: RePEc:taf:glecrv:v:50:y:2021:i:4:p:340-357
    DOI: 10.1080/1226508X.2021.1947341
    as

    Download full text from publisher

    File URL: http://hdl.handle.net/10.1080/1226508X.2021.1947341
    Download Restriction: Access to full text is restricted to subscribers.
    File URL: https://libkey.io/10.1080/1226508X.2021.1947341?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:taf:glecrv:v:50:y:2021:i:4:p:340-357. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Chris Longhurst (email available below). General contact details of provider: http://www.tandfonline.com/RGER20 .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.