Regional Foreign Direct Investment and Wage Spillovers: Plant Level Evidence from the UK Electronics Industry*
使用动态面板数据模型，研究英国电子行业的外国投资如何推高国内企业的工资，且这种效应主要局限于外资所在的区域。
Abstract This paper examines the extent to which foreign investment in the UK generates wage spillovers in the domestic sector of the economy using a simultaneous dynamic panel data model and focusing on the electronics sector, possibly the most ‘globalized’ sector of UK manufacturing. It finds evidence that the higher wages paid by foreign firms cause wages in the domestic sector to be bid up. This phenomenon is, however, largely confined to the region where foreign direct investment takes place.