The Twin Effects of Globalization. Evidence from a Sample of Indian Manufacturing Firms

Francesco Daveri, Paolo Manasse and Danila Serra ()
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Danila Serra: Florida State University

Rivista di Politica Economica, 2011, issue 1, 223-251

Abstract: Employees of globalized firms face a more uncertain stream of earnings and riskier employment prospects. However, they also have stronger incentives to train and upgrade their skills and benefit from more rapid careers. Hence, the costs of uncertainty and the benefits of skill upgrading associated with globalization are twin to each other. We provide empirical evidence of this so neglected trade-off for a sample of Indian manufacturing firms.

Keywords: globalization; uncertainty; training; labor market; India (search for similar items in EconPapers)
JEL-codes: F1 F16 J3 J31 O53 (search for similar items in EconPapers)
Date: 2011
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Working Paper: The Twin Effects of Globalization - Evidence from a Sample of Indian Manufacturing Firms (2010)
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Persistent link: https://EconPapers.repec.org/RePEc:rpo:ripoec:y:2011:i:1:p:223-251

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