ABSTRACT

This study examines the effect of foreign-owned firms’ downsizing on the domestic labour market using Korean firm-level data during 2006–2017. We identify horizontal and vertical effects of foreign firms on the domestic employment within the region and across regions. Empirical results support that foreign firms’ downsizing leads to a decrease in domestic firms’ employment in the same industry. Domestic firms in the upstream industries reduce employment in response to foreign firms’ downsizing. Displaced workers from foreign firms may be transferred to domestic firms in the downstream industries. These results are more pronounced within the region.

中文翻译：

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跨国公司裁员对国内劳动力市场的影响

摘要

本研究使用 2006 年至 2017 年期间韩国公司层面的数据，检验了外资企业裁员对国内劳动力市场的影响。我们确定了外国公司对该地区和跨地区国内就业的横向和纵向影响。实证结果支持外国企业的裁员导致国内企业在同一行业的就业减少。上游行业的国内企业因外国企业裁员而减少就业。来自外国公司的失业工人可能会转移到下游行业的国内公司。这些结果在该地区更为明显。