摘要(英) |
This paper examines the effect of foreign direct investment (FDI) in Vietnamese manufacturing on wages in locally owned Indonesian manufacturing plants. We use manufacturing census data for 2000 to 2008 undertaken by the General Statistical Office (GSO) to analyze the extent of wage differentials between foreign multinational enterprises, state-owned enterprises and domestic private firms. It is difficult to distinguish the wage spillover effect when the government setting a minimum wage in distinct regions, even different rules between foreign multinational enterprises and local firms.
The impact of foreign direct investment on overall wages depends not only on how high the foreign firm wages are, but also on their effect, if any, on wages in locally owned firms. After 2007, Vietnam became as a member of the WTO and the effect of the spillover in the second district is higher. However, it has not apparently happened in the first district.
According to the degree of foreign investment in the provinces of Vietnam, the competitiveness of resources is changed, and even if the overall average salary increase, there may still be the expansion of the differences in salary within the industry, or a squeeze effect to the inefficient firms. In order to further explore whether the industry wage growth is not balanced, we inspect the direction of the influence of the salary gap in the provinces every year. We originally thought that the greater the gap meaning the salary suffers the pressure to increase, but the result was unexpectedly. The larger the gap in the province will lead to a reduction in the overall salary, indicating that even if foreign investment will pull up salary levels, "polarization" phenomenon in the province will deteriorate the overall salary level.
On the whole, relative to the state-owned enterprises, foreign investment makes a greater impact on wage spillovers in the private sector, in line with the state-owned enterprises has a stable salary appearance. |
參考文獻 |
參考文獻
Aitken, B., Harrison, A., & Lipsey, R. E. (1996). Wages and foreign ownership A comparative study of Mexico, Venezuela, and the United States. Journal of international Economics, 40(3-4), 345-371.
Blomström, M. (1986). Foreign investment and productive efficiency: the case of Mexico. The Journal of Industrial Economics, 97-110.
Findlay, R. (1978). Relative backwardness, direct foreign investment, and the transfer of technology: a simple dynamic model. The Quarterly Journal of Economics, 92(1), 1-16.
Forni, M., & Paba, S. (2002). Spillovers and the growth of local industries. The Journal of Industrial Economics, 50(2), 151-171.
Herzer, D., Hühne, P., & Nunnenkamp, P. (2014). FDI and Income Inequality— Evidence from Latin American Economies. Review of Development Economics, 18(4), 778-793.
Kokko, A. (1994). Technology, market characteristics, and spillovers. Journal of development economics, 43(2), 279-293.
Kokko, A. (1996). Productivity spillovers from competition between local firms and foreign affiliates. Journal of international development, 8(4), 517-530.
Kokko, A., Tansini, R., & Zejan, M. C. (1996). Local technological capability and productivity spillovers from FDI in the Uruguayan manufacturing sector. The Journal of Development Studies, 32(4), 602-611.
Lipsey, R. E., & Sjöholm, F. (2004). FDI and wage spillovers in Indonesian manufacturing. Review of World Economics, 140(2), 321-332.
Nguyen, K. T. (2014). Economic reforms, manufacturing employment and wage in Vietnam.
Nguyen, K. T., & Ramstetter, E. D. (2017). Wage differentials among ownership groups and worker quality in Vietnamese manufacturing. Global Economic Review, 1-19.
Nunnenkamp, P., Schweickert, R., & Wiebelt, M. (2007). Distributional effects of FDI: how the interaction of FDI and economic policy affects poor households in Bolivia. Development policy review, 25(4), 429-450.
Sjöholm, F. (1999). Technology gap, competition and spillovers from direct foreign investment: evidence from establishment data. The Journal of Development Studies, 36(1), 53-73.
Sjöholm, F., & Takii, S. (2006). Multinational Companies and Exports in Indonesian Manufacturing. Multinationals in Indonesia and Thailand: Wages, Productivity and Exports. Hampshire, UK: Palgrave-Macmillan, 173-193.
Trung Kien, N. (2014). Employment Transformation in the Vietnamese Economy in Light of the Lewis-Fei-Ranis Growth Model of A Labor-Abundant Economy. Journal of Economics and Development, 16(3), 49.
Wang, J. Y., & Blomström, M. (1992). Foreign investment and technology transfer: A simple model. European economic review, 36(1), 137-155. |