The Local Labor Market Effects of Korean Automotive Investments in the United States

IF 1.8 3区经济学 Q3 ENVIRONMENTAL STUDIES

International Regional Science Review Pub Date : 2020-10-08 DOI:10.1177/0160017620964849

Eunbi Kim

引用次数: 2

Abstract

This study investigates the local labor market effects of automotive foreign direct investment (FDI) in Alabama in the wake of the North American Free Trade Agreement (NAFTA). Of particular interest is the effect of FDI originating from a nontraditional source country in comparison to investments by European and Japanese firms. Using 2005–2011 American Community Survey (ACS) data, we compare changes in employment rates and median weekly wages in three area types: areas with Korean FDI, areas with German and Japanese FDI and areas without FDI. Results show that Korean FDI leads to increased employment rates but decreased median weekly wages. We attribute these findings to price competitive strategies of Korean firms.

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韩国汽车在美国投资的当地劳动力市场效应

本研究调查了北美自由贸易协定（NAFTA）后阿拉巴马州汽车外国直接投资（FDI）对当地劳动力市场的影响。特别令人感兴趣的是，与欧洲和日本公司的投资相比，来自非传统来源国的外国直接投资的影响。利用2005-2011年美国社区调查（ACS）数据，我们比较了三个地区类型的就业率和周工资中位数的变化：有韩国外国直接投资的地区、有德国和日本外国直接投资和没有外国直接投资地区。结果表明，韩国的外国直接投资导致就业率上升，但周工资中位数下降。我们将这些发现归因于韩国企业的价格竞争策略。

本文章由计算机程序翻译，如有差异，请以英文原文为准。

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来源期刊

International Regional Science Review Multiple-

CiteScore

4.50

自引率

13.00%

发文量

期刊介绍： International Regional Science Review serves as an international forum for economists, geographers, planners, and other social scientists to share important research findings and methodological breakthroughs. The journal serves as a catalyst for improving spatial and regional analysis within the social sciences and stimulating communication among the disciplines. IRSR deliberately helps define regional science by publishing key interdisciplinary survey articles that summarize and evaluate previous research and identify fruitful research directions. Focusing on issues of theory, method, and public policy where the spatial or regional dimension is central, IRSR strives to promote useful scholarly research that is securely tied to the real world.