TY - JOUR
T1 - FDI deregulations and employment
AU - Chen, Yongbing
AU - Hu, Jiawen
AU - Du, Yurui
AU - Chaoqun, Zhan
N1 - The authors declare the following financial interests (e.g., any funding for the research project)/personal relationships (e.g., the author is an employee of a profitable company) which may be considered as potential competing interests: National Social Science Foundation (19ZDA067).
The authors would like to express their gratitude to the National Social Science Fund of China (19ZDA067) and the Startup Grant from Hong Kong Baptist University (RC-STARTUP/23-24/10).
dPublisher Copyright:
© 2024 The Authors
PY - 2024/12/24
Y1 - 2024/12/24
N2 - We empirically investigate whether employment is affected by foreign direct investment (FDI). Empirical results show that the FDI deregulations promote employment by increasing the job creation rate. In addition to the employment expansion of incumbent firms, the FDI deregulations facilitate the entry of new firms, which also contributes to employment. Furthermore, FDI in upstream industries can promote employment in this industry, and FDI from other regions can promote local employment. Finally, a simple estimate shows that about USD 56,900 is required for each job created.
AB - We empirically investigate whether employment is affected by foreign direct investment (FDI). Empirical results show that the FDI deregulations promote employment by increasing the job creation rate. In addition to the employment expansion of incumbent firms, the FDI deregulations facilitate the entry of new firms, which also contributes to employment. Furthermore, FDI in upstream industries can promote employment in this industry, and FDI from other regions can promote local employment. Finally, a simple estimate shows that about USD 56,900 is required for each job created.
KW - Difference-in-difference estimation
KW - FDI deregulations
KW - Net employment growth
UR - http://www.scopus.com/inward/record.url?scp=85212965373&partnerID=8YFLogxK
U2 - 10.1016/j.ceqi.2024.12.002
DO - 10.1016/j.ceqi.2024.12.002
M3 - Journal article
AN - SCOPUS:85212965373
SN - 2666-9331
JO - China Economic Quarterly International
JF - China Economic Quarterly International
ER -
