Foreign Direct Investment, Structural Change, and Labor Allocation: Comparative Evidence from Asia and Latin America

• 발행기관: 세종대학교 경제통합연구소
• 저자명: Hugo Vaca Pereira Rocha
• 간행물 정보: 『Journal of Economic Integration』제40권 제2호, 349~365쪽, 전체 17쪽
• 주제분류: 경제경영 > 경제학
• 파일형태: PDF
• 발행일자: 2025.05.31

국문 초록

Significant disparities in labor productivity across sectors in developing countries have been welldocumented, with a notable trend of labor shifting from higher to lower productivity sectors, especially since the 1990s. This paper investigates the relationship between labor shifts and foreign direct investment (FDI), utilizing a decomposition method to analyze labor productivity changes with sector-level data from Latin America and Asia, using five-year averages for the period from 1975 to 2010. The results indicate that FDI significantly contributes to labor misallocation across sectors, primarily driven by growth in the service sector. This misallocation suggests that while FDI has the potential to enhance productivity, it often results in labor moving to less productive sectors, underscoring the complexity of FDI’s impact on structural economic changes in developing regions.

목차

I. Introduction

II. Descriptive Figures

III. Decomposition of Labor Productivity Change

IV. Data Description

V. Methodology and Empirical Results

VI. Comparative Analysis

VII. Concluding Remarks

References

키워드

Foreign Direct Investment Structural Change Misallocation