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Table 7 The effect of coworkers with recent outside work experience on the wages of skilled incumbents in domestic firms 2005–2011

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

  Share of coworkers with recent MNE experience within skill groups Share of coworkers with recent experience in other domestic firms within skill groups
Unskilled Middling Skilled Unskilled Middling Skilled
Notations in Eq. 3: θF1 θF2 θF3 θD1 θD2 θD3
All firms 0.012 (1.5) 0.003 (0.4) 0.042*** (3.9) 0.015** (3.1) 0.010 (1.5) − 0.031*** (-4.5)
Firms employing > 50 workers 0.000 (0.0) 0.028 (1.2) 0.074*** (4.3) 0.005 (0.7) 0.042*** (2.8) − 0.027** (− 2.1)
  1. Significant at *0.1, **0.05, ***0.01 level. The t-values are based on standard errors adjusted for clustering by persons and firms.\(\uptheta _{{{\text{F}}3}}\) is significantly larger than \(\uptheta _{{{\text{F}}1}}\), \(\uptheta _{{{\text{F}}2}}\) and \(\uptheta _{{{\text{D}}3}}\). Sample: 3,730,789 person-months in 116,204 firms in the full sample, 2,474,830 person-months in 77,411 firms in the 50+ sample. Dependent variable: log daily wage in the given month relative to the national mean. Controls: person, job and firm characteristics, sector–year interactions, and worker fixed-effects
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