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

IF 16.4 1区化学 Q1 CHEMISTRY, MULTIDISCIPLINARY

Accounts of Chemical Research 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

Accounts of Chemical Research 化学-化学综合

CiteScore

31.40

自引率

1.10%

发文量

312

审稿时长

2 months

期刊介绍： Accounts of Chemical Research presents short, concise and critical articles offering easy-to-read overviews of basic research and applications in all areas of chemistry and biochemistry. These short reviews focus on research from the author’s own laboratory and are designed to teach the reader about a research project. In addition, Accounts of Chemical Research publishes commentaries that give an informed opinion on a current research problem. Special Issues online are devoted to a single topic of unusual activity and significance. Accounts of Chemical Research replaces the traditional article abstract with an article "Conspectus." These entries synopsize the research affording the reader a closer look at the content and significance of an article. Through this provision of a more detailed description of the article contents, the Conspectus enhances the article's discoverability by search engines and the exposure for the research.