Swedish Multinationals and Competition from High- and Low-wage Locations |
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affiliate employment affiliate-specific fixed effects affiliates in high-income affiliates located analysis Brainard and Riker Centre for Economic CEPR cross-elasticity with respect demand for labour demand in location different locations Discussion Papers domestic labour demand employment in affiliates employment in different employment in high-income employment in low-income employment in Sweden estimated cross-elasticity exports F-test find any evidence firm level firms with affiliates Foreign Direct Investment Goswell Road high-income countries high-income locations high-wage countries income locations increase industry-distributed labour costs Lipsey located in low-income low-income countries low-income locations low-wage countries LOW-WAGE LOCATIONS marginal costs Monetary Policy multinational firms NBER Working Paper OECD parent firm employment Peter Gruner Regressand relationship between employment relationship of complementarity relative factor endowments relocation of activities relocation of production sample Statistics Sweden subscription substitutionary relationship Swedish MNEs Swedish multinationals Swedish wage trade costs associated TYij types of locations upstream variable vertical decomposition vertically integrated wage changes wage rate