Pradhan, Jaya Prakash and Abraham, Vinoj and Sahoo, Manoj Kumar (2004): Foreign Direct Investment and Labour: The Case of Indian Manufacturing. Published in: Labour & Development , Vol. 10, No. 1 (2004): pp. 58-79.
Download (206kB) | Preview
This paper makes an attempt to evaluate the employment and wage effects of FDI in Indian manufacturing. The findings suggest that foreign firms do not have any adverse effects on the manufacturing employment in India as compared to their domestic counterparts while they significantly pay relatively higher to their workers. Therefore this study tends to imply that labour in fact had benefited from foreign investment in India.
|Item Type:||MPRA Paper|
|Original Title:||Foreign Direct Investment and Labour: The Case of Indian Manufacturing|
|English Title:||Foreign Direct Investment and Labour: The Case of Indian Manufacturing|
|Keywords:||FDI; Labour; Wages; Employment|
|Subjects:||F - International Economics > F2 - International Factor Movements and International Business > F21 - International Investment ; Long-Term Capital Movements
J - Labor and Demographic Economics > J3 - Wages, Compensation, and Labor Costs > J30 - General
J - Labor and Demographic Economics > J2 - Demand and Supply of Labor > J20 - General
J - Labor and Demographic Economics > J2 - Demand and Supply of Labor > J23 - Labor Demand
|Depositing User:||Dr. Jaya Prakash Pradhan|
|Date Deposited:||07. Dec 2009 00:14|
|Last Modified:||10. Mar 2014 19:05|
Agosin, MR, and Ricardo Mayer (2000) ‘Foreign Investment in Developing Countries: Does it Crowd in Domestic Investment?’, UNCTAD Discussion Paper, No.146, Geneva: UNCTAD.
Aitken, B., A. Harison and R. Lipsey (1996) ‘Wages and foreign ownership: A Comparative Study of Mexico, Venezuela and the United States’, Journal of International Economics, 40, pp. 345-371.
Arthreye, S. and S. Kapur (1999) ‘Foreign-Controlled Manufacturing Firms in India: Long-Term Trends’, Economic and Political Weekly, November 27, pp. M-149-151.
Bhaduri, A. (1996) ‘Employment, Labour Market Flexibility and Economic Liberalization in India’, Indian Journal of Labour Economics, 39 (1), pp. 13-21.
Caves, R.E. (1971) ‘International Comparisons: the Industrial Economics of Foreign Investment’ Economics, 38, pp. 1-27.
Chandra, N. K (1991) ‘Growth of foreign capital and its importance in Indian manufacturing’, Economic and Political Weekly, 26, pp. 679-690.
Globerman, S., J. C. Ries and I. Vertinsky (1994) ‘The economic performance of foreign affiliates in Canada’, Canadian Journal of Economics, XXVII (1), pp. 143-156.
Hymer, S. H. (1960) The International Operations of National Firms: A Study of Direct Foreign Investment, Ph.D. Dissertation, Massachusetts Institute of Technology. Published in 1976 Cambridge, Massachusetts: MIT Press.
Kindleberger, C. P. (1969) American Business Abroad, New Haven: Yale University Press.
Kumar, N. (1998) ‘Liberalization and Changing Patterns of Foreign Direct Investments: Has India’s Relative Attractiveness as a Host of FDI Improved’, Economic and Political weekly, 33, 30 May, pp. 1321-1329.
Kumar, N. (2000) ‘Mergers and Acquisitions by MNEs: Patterns and Implications’, Economic and Political Weekly, August 5, pp. 2851-2858.
Kumar, N. and J. P. Pradhan (2002) ‘Foreign Direct Investment, Externalities and Economic Growth in Developing Countries: Some Empirical Explorations’ Background paper for Global Development Finance 2002, World Bank. Issued as RIS Discussion Paper (RIS-DP) #25.
Marksun, JR, and A. J. Venables (1997) Foreign Direct Investment as A Catalyst For Industrial Development, NBER Working Paper No.624, Cambridge, Mass.
Radhakrishnan, K. G. and J.P. Pradhan (2000) ‘Foreign Direct Investment in India: Policy, Trends & Determinants’, Productivity, 41 (3), pp. 454-462.
Rao, C.K.S., M.R. Murthy and K.V.K. Ranganathan (1999) ‘Foreign Direct Investments in the Post-Liberalization Period: An Overview’, Journal of Indian School of Political Economy, 11(3).