文章基本信息

标题：The Impact of Foreign Direct Investment on the Romanian Labour Market: New Evidence from a Pooled Model
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作者：Laura Diaconu Maxim ; Daniel Sterbuleac
期刊名称：Timisoara Journal of Economics and Business
电子版ISSN：2286-0991
出版年度：2017
卷号：10
期号：1
页码：19-34
DOI：10.1515/tjeb-2017-0002
语种：English
出版社：Walter de Gruyter GmbH
摘要：The present paper presents a series of results concerning the labour market impact of the foreign direct investment (FDI) inflows in Romania, during the period 2005-2014. In order to reach this objective, we have conducted both an investigation of the specialized literature and an econometric analysis, based on a pooled OLS regression. The added value of this study results from the novelty aspects brought by the results, which indicate two new roles of FDI on the Romanian labour market: a potential “gap-widening” effect between the civil employment and number of employees and a “crawling” effect on the net income. Since the results showed a positive correlation between FDI and civil employment and also between FDI and the average number of employees, the first effect suggests that most of employees of the foreign firms work there less than one year. This may explain why foreign companies are not motivated to offer their employees much higher wages than the local firms and thus that the effect of FDI on nominal net income is very small (“crawling” effect).
关键词：Foreign direct investment ; Labour market ; Number of employees ; Income ; Small and medium enterprises ; Romania ; O19 ; E24