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Table 6 Wage difference between domestic workers with/without outside work experience

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

  Dependent variable: log daily wage
OLS Firm fixed effects
Coefficients (t-test)
 Past MNE experience (PF) 0.060*** (4.0) 0.005 (1.0)
 Future MNE experience (FF) 0.012 (0.9) 0.001 (0.6)
 Past domestic experience (PD) − 0.052*** (5.6) − 0.030*** (7.3)
 Future domestic experience (FD) − 0.031*** (3.5) − 0.016*** (3.6)
Differences by type of outside experience (F-test)
 Past MNE − past domestic 0.112*** (61.6) 0.035*** (53.4)
 Future MNE − future domestic 0.043*** (15.0) 0.017** (5.5)
 Past MNE − future MNE 0.048** (6.3) 0.004 (0.4)
 Past domestic − future domestic − 0.021** (4.2) − 0.014*** (10.0)
Double difference 0.069*** (15.0) 0.018*** (11.5)
 aR2/within R2 0.453 0.342
  1. Regression estimates. The reported coefficients are significant at the *0.1, **0.05, ***0.01 level. Unmarked coefficients are not significant at the 0.1 level. Sample: 3,841,561 person-months belonging to 153,323 persons and 18,510 firms. The sample covers domestic firm employees in firms employing at least one worker with past or future experience in foreign-owned or domestic firms, and one incumbent worker. The coefficients measure wage advantages relative to incumbent workers. Observations for 2005–2009 are used. Estimation: reghdfe without and with firm fixed effects. The standard errors are adjusted for clustering by persons and firms. Controls: person, job and firm controls, and sector–year interactions
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