Insights / Chart

Country-specific Firm Premiums

Based on BFI Working Paper No. 2019-103, “The Effects of Foreign Multinationals on Workers and Firms in the United States,” by Bradley Setzler, postdoctoral scholar in economics, University of Chicago; and Felix Tintelnot, assistant professor in economics, University of Chicago
Chart
Country-specific Firm Premiums

Compared to domestic firms in the same commuting zone, the amount of wages paid by foreign multinationals is 25 percent greater than domestic firms in the same industry and region. Wage premiums vary by country of origin and are larger at foreign multinationals that originate from countries with high GDP per capita, such as Ireland, New Zealand, and Norway.