Wage gains from foreign ownership: evidence from linked employer–employee data

Journal for Labour Market Research

Table 10 Selected estimates by sectors

	Manufacturing	Services
Contemporaneous MNE premium
All firms, worker FE	0.152	0.236
New, incumbent firms, DiD	0.135	0.232
Lagged MNE premium in domestic firms
Sending firm is MNE, dL < 0.5, OLS	0.135	0.133
Sending firm is MNE, dL < 0.5, firm FE	0.056	0.044
Overlapping cohorts estimate, DiD	0.027	0.072
Spillover effect, firms L > 50 employees
On incumbents	0.088	0.057
On all workers with no MNE experience	0.069	0.050

All coefficients are significant at the 0.01 level. The coefficients were estimated separately for the two sectors