Journal of International Economics · 2026 · Carl Davidson、Fredrik Heyman、Steven J. Matusz、Fredrik Sjöholm、Susan Chun Zhu
中文摘要
本文探讨国际经验对劳动者流动的影响,重点关注被外国跨国公司收购的瑞典企业。我们认为,国际经验通过传授有关海外运营的知识,增强了员工对跨国企业(MNE)的吸引力。通过将被收购企业与可比的对照企业进行匹配,并采用堆叠双重差分方法,我们观察到外资收购对工作流动性的显著影响。结果表明,外资收购使劳动者转换到另一家跨国公司的可能性提高3.6个百分点,同时使流向本地企业的流动减少约4个百分点。此外,收购后转换至另一家跨国公司的劳动者,其工资增长显著高于留任者。进一步分析显示,收购对流向跨国公司的正向效应与学习机会相关,这些学习机会源于跨国生产网络内贸易联系的增强以及收购后先进技术的应用。
Abstract
This paper explores the impact of international experience on worker mobility, with a focus on Swedish companies acquired by foreign multinationals. We posit that international experience, by imparting knowledge about foreign operations, enhances an employee’s appeal to multinational enterprises (MNEs). By matching acquired firms with comparable control firms and using a stacked difference-in-differences methodology, we observe a significant impact of foreign acquisitions on job mobility. Our results indicate that foreign acquisitions raise the likelihood of switching to another MNE by 3.6 percentage points, while reducing moves to local firms by approximately 4 percentage points. Furthermore, workers who transition to another MNE post-acquisition have significantly higher wage growth compared to those who stay. Additional analyses reveal that the positive effect on mobility to MNEs is linked to learning opportunities stemming from increased trade linkages within multinational production networks and the implementation of advanced technologies after an acquisition.