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| Title: | Why Is Multinational Status Important? Evidence from Job Creation and Job Destruction in Japan |
| Authors: | Kiyota, Kozo Matsuura, Toshiyuki |
| Keywords: | Multinational Firms Job Creation Job Destruction Japan |
| Issue Date: | 20-Mar-2007 |
| Series/Report no.: | 23 |
| Abstract: | Previous studies of job creation and job destruction (JCJD) have found that the gross job reallocation rate greatly exceeded the net job creation rate even in a narrowly defined industry or the same international trade orientation. This paper asks whether multinational enterprises (MNEs) reflect different patterns of JCJD compared to domestic firms. We distinguish two types of MNEs (i.e., Japanese MNEs and foreign-owned firms) and utilize firm-level data in Japan for 1995-2002. We find that the gross job reallocation rate may be equal to the net job creation rate once we control for the entry/exit, industry, worker type, and multinational status. Multinational status is important in explaining the heterogeneity
of employment patterns among firms. |
| Appears in Collections: | International Policy Center (IPC) - Working Paper Series
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| IPC-working-paper-023-KiyotaMatsuura.pdf | | 177Kb | Adobe PDF | View/Open |
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