Human Capital and Wages in Exporting Firms
By J. Munch, J. R. Skaksen. Social Science Research Network, 2008
223 citations recorded by the source corpus.
This paper studies the link between the education level of workers, export performance and wages. We argue that firms may escape intense competition in international markets by using high skilled workers to differentiate their products. This story is consistent with our empirical results. Using a very rich matched worker-firm longitudinal dataset, we find that there is a weak negative direct effect of exporting on wages, but an interaction term between export intensity and skill intensity has a positive impact on wages. That is, we find an export wage premium, but only in firms where the skill intensity is sufficiently high.
Subfields: Development, Economics and Econometrics, Strategy and Management
View Paper: https://www.semanticscholar.org/paper/01c9a37e334fc43a9de7bf3c8062e8f8a80a950c
Citations in the corpus
- Inequality and Unemployment in a Global Economy (2009, unknown): “When we embed the sector in general equilibrium below, we specify conditions under which expected worker income (ω) is constant and conditions under which it changes with the other endogenous variables of the model.”
- Exporters and the rise in wage inequality: Evidence from German linked employer–employee data (2013, unknown): “(2)Moreover, an important finding of empirical studies based on linked employer-employee data is that the premium is only partly accounted for by differences in observable and unobservable worker characteristics (Schank et al., 2007; Munch and Skaksen, 2008; Fŕıas et al., 2009).”
- Trade and Inequality: From Theory to Estimation (2012, unknown): “Second, we consider a semi-parametric selection model following Powell (1994) that further relaxes our functional form and distributional assumptions, and uses exclusion restrictions for variables that affect the probability of exporting, but do not affect employment or wages conditional on exportin”
- Managerial Attributes and Executive Compensation (2011, unknown): “The spell approach has been used in the literature (Abowd et al., 1999, Munch and Skaksen, 2008, and Schank et al., 2007) to control the influence of manager and firm fixed effects in a manner that addresses possible omitted variable bias.”