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A General Equilibrium Model of Multinational Corporations in Developing Economies

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  • Batra, Raveendra N

Abstract

The standard approach to mea suring earnings differentials is extended to include a female participation deci sion, and the effectsof sample selection are analyzed. A substantial proportion of the earnings differential between men and women in the U.K. graduate labor m arket can be attributed to residual factors rather than attributes and character istics. Womens' earnings could be as much as18 percent higher if these factors were removed. A statistically significant sample selection effect is present, bu t its quantitativeimpact on the measures of the residual differential is variab le. Thedata are sufficiently comprehensive to justify wider academic interest. Copyright 1986 by Royal Economic Society.

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  • Batra, Raveendra N, 1986. "A General Equilibrium Model of Multinational Corporations in Developing Economies," Oxford Economic Papers, Oxford University Press, vol. 38(2), pages 342-353, July.
    • Handle: RePEc:oup:oxecpp:v:38:y:1986:i:2:p:342-53
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    1. Sugata Marjit & Manoj Pant & Sugandha Huria, 2020. "Unskilled immigration, technical progress, and wages—Role of the household sector," Review of International Economics, Wiley Blackwell, vol. 28(1), pages 235-251, February.
    2. Andrzej Cieślik, 2008. "Wpływ przedsiębiorstw międzynarodowych na fragmentaryzację produkcji i handel wewnątrzgałęziowy Polski z krajami OECD," Gospodarka Narodowa. The Polish Journal of Economics, Warsaw School of Economics, issue 10, pages 1-21.
    3. Beladi, Hamid & Kwan Choi, E., 1995. "On the emergence of multinational corporations in developing economies: A note," Regional Science and Urban Economics, Elsevier, vol. 25(5), pages 675-684, October.
    4. Saibal Kar & Mausumi Kar, 2015. "Liberalized trade policy and inequality: Evidence from Post-Multi-Fibre Arrangement India and some theoretical issues," WIDER Working Paper Series 007, World Institute for Development Economic Research (UNU-WIDER).
    5. Reis, Ana Balcao, 2006. "Welfare, taxes and foreign investment," Journal of Economic Dynamics and Control, Elsevier, vol. 30(6), pages 1045-1061, June.
    6. Andrzej Cieślik, 2005. "Wpływ przedsiębiorstw międzynarodowych na rynek pracy w kraju goszczącym," Gospodarka Narodowa. The Polish Journal of Economics, Warsaw School of Economics, issue 4, pages 17-35.
    7. Abera Gelan, 2004. "The Effects Of Multinational Enterprises Investment In The Nontraded Sector Of Developing Economies," Journal of Economic Development, Chung-Ang Unviersity, Department of Economics, vol. 29(2), pages 41-64, December.
    8. Andrzej Cieślik, 2008. "Multinational Firms, International Knowledge Flows, and Dual Labor Markets in Developing Economies," Review of Development Economics, Wiley Blackwell, vol. 12(1), pages 160-179, February.
    9. Yu, Eden S. H. & Chi-Chur, Chao, 1996. "Are wholly foreign-owned enterprises better than joint ventures?," Journal of International Economics, Elsevier, vol. 40(1-2), pages 225-237, February.
    10. Saibal Kar & Chaitali Sinha, 2014. "Sectoral Technical Progress and Aggregate Skill Formation," Journal of Industry, Competition and Trade, Springer, vol. 14(2), pages 159-172, June.
    11. Chi‐Chur Chao & Eden S. H. Yu, 1997. "International Capital Competition and Environmental Standards," Southern Economic Journal, John Wiley & Sons, vol. 64(2), pages 531-541, October.
    12. Peter Nunnenkamp & Maximiliano Sosa Andrés, 2014. "Ownership Choices of Indian Direct Investors: Do FDI Determinants Differ between Joint Ventures and Wholly Owned Subsidiaries?," South Asian Journal of Macroeconomics and Public Finance, , vol. 3(1), pages 39-78, June.
    13. Edward John Ray, 1989. "The Determinants of Foreign Direct Investment in the United States, 1979-85," NBER Chapters, in: Trade Policies for International Competitiveness, pages 53-84, National Bureau of Economic Research, Inc.
    14. Chao, Chi-Chur & Yu, Eden S. H., 1998. "Export-share requirements, trade balances and welfare: a two-period analysis," Journal of Development Economics, Elsevier, vol. 56(1), pages 217-228, June.
    15. Beladi, Hamid & Chau, Nancy H. & Ali Khan, M., 2000. "North-South Investment Flows and Optimal Environmental Policies," Journal of Environmental Economics and Management, Elsevier, vol. 40(3), pages 275-296, November.
    16. Sugata Marjit & Hamid Beladi, 2001. "South-South Cooperation and Export," Theory and Decision, Springer, vol. 50(3), pages 283-293, May.
    17. Mausumi Kar & Saibal Kar, 2017. "Multi Fibre Arrangement and Wage Inequality: Firm and State-level Evidence from India and a Theoretical Model," The World Economy, Wiley Blackwell, vol. 40(7), pages 1473-1493, July.
    18. Sugandha Huria & Manoj Pant, 2018. "Foreign direct investment, welfare and wage inequality in a small open economy: theory and empirics," Indian Economic Review, Springer, vol. 53(1), pages 131-166, December.
    19. Mausumi Kar & Saibal Kar, 2015. "Liberalized trade policy and inequality: Evidence from Post-Multi-Fibre Arrangement India and some theoretical issues," WIDER Working Paper Series wp-2015-007, World Institute for Development Economic Research (UNU-WIDER).
    20. Chao, Chi-Chur & Yu, Eden S. H., 2003. "Export-performance requirements, foreign investment quotas, and welfare in a small dynamic economy," Journal of Development Economics, Elsevier, vol. 72(1), pages 387-400, October.

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