The United States has experienced a dramatic increase in foreign direct investment (FDI) in recent years. While foreign firms bring immediate benefits of high‐paying jobs, data limitations have prevented detailed study on FDI's long‐term effects on the states receiving it. By creating a new stock measure of FDI based on employment, we are able to capture these long‐term effects. Results demonstrate that FDI has a greater impact on per capita output growth than domestic investment for US states that meet a minimum human capital threshold. Ironically, the most active states in the recruitment of FDI tend to fall below this threshold.
This is the first study of the effects of sexual orientation on labour supply. After discussing various reasons to expect that labour supply could differ by sexual orientation, the 2001 Current Population Survey is used to test for differences in both labour supply and labour market status (part-time, full-time, and not employed). It is found that gay men supply less labour than married and unmarried heterosexual men. With regard to women, it is found that lesbians supply more labour and are more likely to be employed full-time than either married or unmarried heterosexual women. Extensive controls are used and links to the discrimination literature are found.
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