Foreign Firms and Indonesian Manufacturing Wages: An Analysis with Panel Data

摘要: Wages in domestically- owned Indonesian manufacturing plants taken over by foreign firms increased sharply between the year before takeover and two years after takeover, relative to remaining domestic ownership. Blue- collar wage levels these had been less than 10 per cent above white- wages more below those their industries a takeover. Two both were 50 average. owners tended rise average for industries, although they remained Thus, did not select particularly high- take it was takeovers, rather takeovers general, that led large increases high wages. An econometric analysis of whole panel found ownership throughout period resulted higher plants. The effects employees typically around twice blue- employees. Foreign associated with employment declines employment. However, changes strongly related changes.