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

Journal for Labour Market Research

Table 2 Descriptive statistics: wage levels and wage changes of skilled workers

	Mean	St. dev.	Observations
Wage levels^a
Employer = MNE	309	288	7,937,675^b
Employer = domestic firm	143	161	12,023,947^b
Wage change upon leaving an MNE for a domestic firm^c
Mean	− 57	146	42,479
Median	− 26		42,479
Wage change upon leaving a domestic firm for an MNE^c
Mean	64	126	46,590
Median	39		46,590
Wages of domestic firm employees with recent outside experience^d
Previous employer = MNE	171	193	963,075^a
Previous employer = domestic firm	118	122	3,557,788^a

^aWage in month t relative to the national average wage in month t, per cent
^bPerson-months observed in 2003–2011
^cThe figures relate to persons moving from MNEs to domestic firms and vice versa. Mean earnings in the receiving firm is compared to the same worker’s mean earnings in the sending firm. Wages are deflated with the national average wage in the same month
^dThe figures relate the mean earnings of domestic firm employees with previous outside experience to the mean earnings of incumbent domestic firm employees, percent