外商直接投资和东道国工资：爱尔兰工厂面板数据新证据外文翻译.docVIP

本科毕业论文外文翻译 外文题目：Foreign Direct Investment And Host Country Wages:New Evidence From Irish Plant Level Panel Data 出 处： Economics Department, IIIS, Trinity College Dublin No.29 July 2004 作 者： Frances Ruane and Ali U?ur 原 文： Foreign Direct Investment And Host Country Wages:New Evidence From Irish Plant Level Panel Data 1. Introduction The effects on host countries of foreign direct investment (FDI) operating through multinational enterprises (MNEs) are well documented in the literature (see Lipsey (2002) for a recent review). Inter alia, these studies distinguish between the direct and indirect effects of FDI. Direct effects are typically reflected in the capital formation,employment and trade associated with FDI projects. The indirect effects on host economies are seen to arise when, for example, the investments of MNCs generate externalities that enhance the productivity of indigenous firms in the economy. These externalities, which are typically referred to as “positive productivity spillovers”, are seen as helping to improve the competitive advantage of the indigenous sector over time. Recent papers by G?rg and Greenaway (2004) and Lipsey (2002) have surveyed this growing literature on FDI spillovers. It has also been argued in the literature, as for example by Aitken, Harrison and Lipsey (1996), that MNEs might have also direct and indirect effects on average manufacturing wages of host countries.The direct effects operate through MNEs paying higher wage levels than those paid by local enterprises (LEs) operating in the same sector and hence raising average wages. The indirect effects arise through the positive effect that the entry or presence of MNEs may have on wages in LEs, that is to say, that wage levels in LEs are higher in sectors where there is a higher presence of MNEs. In this paper we explore the effects of MNEs on wages using panel data on the Irish manufacturing sector for 1991-199