Foreign Direct Investments—A Perspective of Sustainability: Evidence from the Austrian and German Labor Market

Ionel Sergiu Pirju (), Gabriela Marchis, Manuela Panaitescu, Nicolae Florin Prunău and Alisa Mihaela Ambrozie ()
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Ionel Sergiu Pirju: Faculty of Communications and International Relations, Danubius University of Galati, 800654 Galati, Romania
Gabriela Marchis: Faculty of Economic Sciences and Business Administration, Danubius University of Galati, 800654 Galati, Romania
Manuela Panaitescu: Faculty of Economic Sciences and Business Administration, Danubius University of Galati, 800654 Galati, Romania
Nicolae Florin Prunău: Faculty of Communications and International Relations, Danubius University of Galati, 800654 Galati, Romania
Alisa Mihaela Ambrozie: The Economics and International Business Doctoral School, Bucharest University of Economic Studies, 010374 Bucharest, Romania

Sustainability, 2023, vol. 15, issue 18, 1-18

Abstract: In the context of the sustainability roadmap, this study presents a quantitative perspective by investigating the interconnection between foreign direct investments (FDIs) and wage dynamics to contribute to the reduction of gender inequalities. This paper focuses on Austria and Germany, two European countries with strong commitments to sustainable change, as representative cases for the analysis. The main objective is to quantify the impact of FDIs on salary trends and investigate their relationship, especially concerning gender-related aspects. This research introduces fresh insights into the existing literature by shedding light on the role of FDIs in shaping wage dynamics, particularly related to gender equality. The quantitative analysis highlights the model’s robustness, revealing that approximately 86% of wage variation is explained by the independent variable, FDIs. This statistical result suggest a linear relationship between FDIs and wages in these two countries, reaffirming the potential impact of foreign investments on wage dynamics as a base for enhancing sustainable socioeconomic progress.

Keywords: FDIs; wages; labor market; long-term effects; gender (search for similar items in EconPapers)
JEL-codes: O13 Q Q0 Q2 Q3 Q5 Q56 (search for similar items in EconPapers)
Date: 2023
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Persistent link: https://EconPapers.repec.org/RePEc:gam:jsusta:v:15:y:2023:i:18:p:13457-:d:1235491

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