2023-09-28 14:46:10 +00:00
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abstract: 'Both inward and outward foreign direct investment (FDI) have
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implications for the wage rates of home-country workers. Such
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implications have been particularly noteworthy in Japan where the
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traditional internal labor-market practices, which value long-term
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sustainability of employment and wages, collide with the pressure for
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change in the globalizing Japanese economy on many fronts. In this paper
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we estimate the impacts of FDI on workers'' wages in Japanese
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manufacturing industries. We find that Japanese employees benefit, in
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the form of wage gains, from their employers'' association with both
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inward and outward FDI operations. These wage effects differ
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systematically depending on gender and worker ranks within their
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employer firms and are likely to weaken the mechanisms underlying the
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sustainability of Japanese firms'' traditional internal labor markets.
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The presence of FDI effects on worker wages also implies an increasing
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disparity between the incomes of workers who work for successfully
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globalizing firms and workers who do not, jeopardizing Japan''s
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traditional policy objective to sustain harmonious economic growth
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across all economic sectors. This would also deepen the structural
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divide including the wage gap of the Japanese economy that exists
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between large firms and small-and medium-size enterprises (SMEs) since
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firms which get involved in FDIs are mostly large firms.'
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affiliation: 'Nakamura, M (Corresponding Author), Univ British Columbia, Sauder Sch
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Business \& Inst Asian Res, Vancouver, BC V6T 1Z2, Canada.
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Nakamura, Masao, Univ British Columbia, Sauder Sch Business \& Inst Asian Res, Konwakai
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Japan Res Chair, Vancouver, BC V6T 1Z2, Canada.'
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author: Nakamura, Masao
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author-email: masao.nakamura@sauder.ubc.ca
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author_list:
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- family: Nakamura
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given: Masao
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da: '2023-09-28'
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doi: 10.1177/0021909613493601
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eissn: 1745-2538
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files: []
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issn: 0021-9096
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journal: JOURNAL OF ASIAN AND AFRICAN STUDIES
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keywords: 'Internal labor market; foreign direct investment; Japan; sustainability
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of employment and wages'
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keywords-plus: UNITED-STATES; HOME-COUNTRY; MANAGEMENT; EMPLOYMENT; US
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language: English
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month: AUG
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number: 4, SI
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number-of-cited-references: '58'
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pages: 396-412
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papis_id: b3eab813ae505be6f04f54b7bcdee33d
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ref: Nakamura2013globalizationsustain
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times-cited: '3'
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title: 'Globalization and Sustainability of Japan''s Internal Labor Markets: Foreign
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Direct Investment (FDI) and Wages at Japanese Manufacturing Firms'
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2023-10-01 08:15:07 +00:00
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type: article
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2023-09-28 14:46:10 +00:00
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unique-id: WOS:000209380000002
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usage-count-last-180-days: '2'
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usage-count-since-2013: '26'
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volume: '48'
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web-of-science-categories: Area Studies
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year: '2013'
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