The Determinants of Employment in Foreign Firms in the UK Food Manufacturing Sector: A Note
评估了英国食品饮料制造业中外资企业大量存在的因素,基于48个细分行业数据发现,品牌、技能和低出口倾向正向影响欧盟企业就业,而非欧盟企业就业受出口倾向和有效关税率影响。
This paper seeks to evaluate the factors that have given rise to the large presence of foreign firms in the UK food and drink manufacturing sector. Foreign Direct Investment (FDI) in food and drink manufacturing is very high – the second highest for any manufacturing sector in the UK economy. An empirical model is tested on 48 5‐digit sectors in the food industry and we find that brands, skills and a low propensity to export positively affect employment in EU‐owned firms. Alternatively, employment in non‐EU owned firms is affected by propensity to export factors and by the effective tariff rate.