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The impact of territorially concentrated FDI on local labor markets: evidence from the Czech Republic
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SYSNO ASEP 0341816 Document Type J - Journal Article R&D Document Type Journal Article Subsidiary J Článek ve WOS Title The impact of territorially concentrated FDI on local labor markets: evidence from the Czech Republic Author(s) Dinga, Marián (NHU-C)
Münich, Daniel (NHU-C) RIDSource Title Labour Economics. - : Elsevier - ISSN 0927-5371
Roč. 17, č. 2 (2010), s. 354-367Number of pages 14 s. Language eng - English Country NL - Netherlands Keywords labor market ; unemployment ; foreign direct investment Subject RIV AH - Economics R&D Projects LC542 GA MŠMT - Ministry of Education, Youth and Sports (MEYS) CEZ MSM0021620846 - NHU-C UT WOS 000276296200006 DOI 10.1016/j.labeco.2009.06.003 Annotation This paper investigates the impact of a large and territorially concentrated foreign direct investment (FDI) inflow on local labor market outcomes in the Czech Republic. A conditional difference-in-differences technique is employed for an estimation of the impact and block bootstrapping is used for computing consistent standard errors. The results indicate a positive and statistically as well as economically significant effect of a large investment project on the local unemployment outflow rate, which is driven mainly by increases in the aggregate unemployment exit hazard rates for unemployment durations smaller than nine months. Workplace Economics Institute - CERGE Contact Tomáš Pavela, pavela@cerge-ei.cz, Tel.: 224 005 122 Year of Publishing 2011
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