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Cited by 168

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The labor market effects of foreign owned firms

Almeida, Rita·2007·Journal of International Economics

Abstract

Foreign firms often have a more educated workforce and pay higher wages than domestic firms. This does not necessarily imply that foreign ownership translates into higher demand for educated workers or higher wages, since foreign investment may be guided by unobservable firm characteristics correlated with the demand for educated workers or wages. The author examines foreign acquisitions of domestic firms in Portugal in the 1990s and finds small changes in the workforce skill composition and wages following acquisition. Foreign investors"cherry pick"domestic firms that are already very similar to the group of existing foreign firms.

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Metadata

Authors
Almeida, R.
Venue
Journal of International Economics
Publisher
Elsevier BV
Published
2007-05
Volume
72
Issue
1
Pages
75-96
ISSN
0022-1996 (ISSN-L)
OpenAlex
W2044917965
Cited by
168
References
2
FWCI
27.72
Type
journal article
Language
en
Open access
closed

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CoChat. (2026). Citation check: The labor market effects of foreign owned firms. https://app.cochat.ai/papers/10.1016/j.jinteco.2006.10.001
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Almeida, R. (2007). The labor market effects of foreign owned firms. Journal of International Economics. https://doi.org/10.1016/j.jinteco.2006.10.001

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Contains information from the Semantic Scholar Academic Graph Datasets, made available under the ODC Attribution License (ODC-BY 1.0).

Semantic Scholar’s data is described in: Kinney, R., et al. (2023). The Semantic Scholar Open Data Platform. arXiv:2301.10140.