Foreign direct investment and youth educational outcomes in Mexican municipalities
| Autor: | J. Eduardo Ibarra-Olivo |
|---|---|
| Rok vydání: | 2021 |
| Předmět: |
Economics and Econometrics
media_common.quotation_subject 05 social sciences Wage 050301 education Foreign direct investment Investment (macroeconomics) Affect (psychology) Human capital Education 0502 economics and business Cohort Economics Demographic economics Residence 050207 economics Emerging markets 0503 education health care economics and organizations media_common |
| Zdroj: | Economics of Education Review. 82:102123 |
| ISSN: | 0272-7757 |
| DOI: | 10.1016/j.econedurev.2021.102123 |
| Popis: | Inward foreign direct investment (IFDI) has often been considered to play a prominent role in the development of human capital in the host economy by introducing a foreign wage premium into the labour market. However, extant evidence on IFDI labour market effects is inconclusive, especially in emerging economies. We investigate for the case of Mexico whether foreign wage premia have an effect on educational outcomes of young cohorts that were 15 years old at the time of IFDI arrival in their municipality of residence. Results suggest that increasing foreign wage premium for unskilled jobs, both in manufacturing and services, has negative effects on a cohort's subsequent educational outcomes. The effects of foreign wage premium for skilled workers, however, are not significant but may lead to positive educational outcomes. The long-term implications of losses accruing from low investment in human capital do not only affect individuals but regions as well. |
| Databáze: | OpenAIRE |
| Externí odkaz: |
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