Foreign and Domestic Firms: Long Run Employment Effects of Export Opportunities
研究了美国对越南关税减免后,出口机会对越南长期就业的影响,发现外资企业进入是就业增长的主要驱动力,且其就业扩张持续多年。
Abstract We investigate a low-income country's long run employment response to new export opportunities. The U.S.–Vietnam Bilateral Trade Agreement reduced U.S. import tariffs on exports from Vietnam. Employment grew faster in the industries most exposed to the U.S. tariff reductions and this was driven by foreign affiliates of multinationals entering Vietnam. Foreign entrants continue to expand employment long after entry–even after 16 years. Most foreign entrants are exporters and from East Asia, highlighting that opportunities created by bilateral agreements are not just limited to signing parties. Vietnam's subsequent capacity growth allows it to export to other markets over time.