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Table 9 The effect of coworkers with recent outside work experience on the wages of skilled workers in domestic enterprises 2005–2011

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

  Share of coworkers with recent MNE experience by their level of skill Share of coworkers with recent experience in other domestic firms by their level of skill
Unskilled Middling Skilled Unskilled Middling Skilled
Notations in Eq. 3: θF1 θF2 θF3 θD1 θD2 θD3
All domestic firms 0.007 (0.9) 0.013 (1.5) 0.020* (1.9) 0.016*** (3.2) 0.024*** (3.4) − 0.037*** (− 4.5)
Domestic firms employing > 50 workers 0.006 (0.5) 0.057** (2.1) 0.060*** (3.4) 0.002 (0.2) 0.064*** (3.4) − 0.019 (− 1.3)
  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. \(\theta_{F3}\) is significantly larger than \(\theta_{F1}\) and \(\theta_{D3}\), but not \(\theta_{F2}\). \(\theta_{F2}\) is significantly larger than \(\theta_{F1}\)
  2. Sample: 3,731,548 person-months belonging to skilled workers in 116,249 firms in full sample, 2,474,843 person-months in 77,412 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, worker and firm fixed-effects
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