79 lines
2.6 KiB
YAML
79 lines
2.6 KiB
YAML
|
abstract: 'Both inward and outward foreign direct investment (FDI) have
|
||
|
|
|
||
|
|
implications for the wage rates of home-country workers. Such
|
||
|
|
|
||
|
|
implications have been particularly noteworthy in Japan where the
|
||
|
|
|
||
|
|
traditional internal labor-market practices, which value long-term
|
||
|
|
|
||
|
|
sustainability of employment and wages, collide with the pressure for
|
||
|
|
|
||
|
|
change in the globalizing Japanese economy on many fronts. In this paper
|
||
|
|
|
||
|
|
we estimate the impacts of FDI on workers'' wages in Japanese
|
||
|
|
|
||
|
|
manufacturing industries. We find that Japanese employees benefit, in
|
||
|
|
|
||
|
|
the form of wage gains, from their employers'' association with both
|
||
|
|
|
||
|
|
inward and outward FDI operations. These wage effects differ
|
||
|
|
|
||
|
|
systematically depending on gender and worker ranks within their
|
||
|
|
|
||
|
|
employer firms and are likely to weaken the mechanisms underlying the
|
||
|
|
|
||
|
|
sustainability of Japanese firms'' traditional internal labor markets.
|
||
|
|
|
||
|
|
The presence of FDI effects on worker wages also implies an increasing
|
||
|
|
|
||
|
|
disparity between the incomes of workers who work for successfully
|
||
|
|
|
||
|
|
globalizing firms and workers who do not, jeopardizing Japan''s
|
||
|
|
|
||
|
|
traditional policy objective to sustain harmonious economic growth
|
||
|
|
|
||
|
|
across all economic sectors. This would also deepen the structural
|
||
|
|
|
||
|
|
divide including the wage gap of the Japanese economy that exists
|
||
|
|
|
||
|
|
between large firms and small-and medium-size enterprises (SMEs) since
|
||
|
|
|
||
|
|
firms which get involved in FDIs are mostly large firms.'
|
||
|
|
affiliation: 'Nakamura, M (Corresponding Author), Univ British Columbia, Sauder Sch
|
||
|
|
Business \& Inst Asian Res, Vancouver, BC V6T 1Z2, Canada.
|
||
|
|
|
||
|
|
Nakamura, Masao, Univ British Columbia, Sauder Sch Business \& Inst Asian Res, Konwakai
|
||
|
|
Japan Res Chair, Vancouver, BC V6T 1Z2, Canada.'
|
||
|
|
author: Nakamura, Masao
|
||
|
|
author-email: masao.nakamura@sauder.ubc.ca
|
||
|
|
author_list:
|
||
|
|
- family: Nakamura
|
||
|
|
given: Masao
|
||
|
|
da: '2023-09-28'
|
||
|
|
doi: 10.1177/0021909613493601
|
||
|
|
eissn: 1745-2538
|
||
|
|
files: []
|
||
|
|
issn: 0021-9096
|
||
|
|
journal: JOURNAL OF ASIAN AND AFRICAN STUDIES
|
||
|
|
keywords: 'Internal labor market; foreign direct investment; Japan; sustainability
|
||
|
|
|
||
|
|
of employment and wages'
|
||
|
|
keywords-plus: UNITED-STATES; HOME-COUNTRY; MANAGEMENT; EMPLOYMENT; US
|
||
|
|
language: English
|
||
|
|
month: AUG
|
||
|
|
number: 4, SI
|
||
|
|
number-of-cited-references: '58'
|
||
|
|
pages: 396-412
|
||
|
|
papis_id: b3eab813ae505be6f04f54b7bcdee33d
|
||
|
|
ref: Nakamura2013globalizationsustain
|
||
|
|
times-cited: '3'
|
||
|
|
title: 'Globalization and Sustainability of Japan''s Internal Labor Markets: Foreign
|
||
|
|
Direct Investment (FDI) and Wages at Japanese Manufacturing Firms'
|
||
|
|
type: Article
|
||
|
|
unique-id: WOS:000209380000002
|
||
|
|
usage-count-last-180-days: '2'
|
||
|
|
usage-count-since-2013: '26'
|
||
|
|
volume: '48'
|
||
|
|
web-of-science-categories: Area Studies
|
||
|
|
year: '2013'
|