This text considers the impact of multinational firms and global competition on labour markets. This study combines an industry level and an analysis on the wage and employment effects of multinational companies. The author explains how many foreign-owned companies based in the UK pay higher wages in absolute terms than to domestically-owned firms, but not sufficiently high to match their even greater productivity. Hence, for foreign-owned firms the share of wages in output or in total outcome generated tends to be low. In view of this, important questions are raised regarding how global changes in the structure of production may affect labour markets and the organization of work in the future.
By:
Nigel Driffield Imprint: Harwood-Academic Publishers Country of Publication: Switzerland Volume: v.2. Dimensions:
Height: 229mm,
Width: 152mm,
Spine: 230mm
Weight: 453g ISBN:9783718656257 ISBN 10: 3718656256 Series:Routledge Studies in Global Competition Pages: 170 Publication Date:19 February 1996 Audience:
College/higher education
,
Professional and scholarly
,
Professional & Vocational
,
A / AS level
,
Further / Higher Education
Format:Hardback Publisher's Status: Active
Literature review; the industry level study; the firm level study; implications for UK manufacturing; a bargaining model; the dynamic analysis; summary of results and concluding remarks.