Preview of Results
- A shift from low to high exposure to Manufacturing MNCs increases the probability of choosing a major within Stem and Applied Sciences by 52.9 p.p.
- Decreases probability of choosing Arts by 25 p.p. and Social Sciences by 27.9 p.p.
- A shift from low to high exposure to Administrative Service MNCs increases the probability of choosing a major within Social Sciences and Professional Studies by 39.81 p.p.
- Decreases the probability of choosing Arts by 30.58 p.p. and STEM and Applied Sciences by 8.96 p.p.
- Directional effects are robust to removing the industry-field mapping
- Multinational Firm effects are extremely local
- Heterogeneity tests show no difference between men and women
distance decay: Strong within 5km but decays rapidly. Students respond to hyper-local labor-market signals.
Contributions
Mechanism of fdi shifting human capital specialization decisions
Determinants of College Major Choice
- Information availability
- @jensen_perceived_2010, @kaufmann_understanding_2014
- Wages
- @carneiro_estimating_2011, @arcidiacono_modeling_2012, @arcidiacono_ex_2020, @beffy_choosing_2012, @carroll_why_2014, @kirkeboen_field_2016, @bleemer_will_2022
- Non-pecuniary returns
- @altonji_demand_1993
- Ability and preference sorting
- @arcidiacono_ability_2004, @kinsler_specificity_2015
Contributions
Mechanism of fdi shifting human capital specialization decisions
Determinants of College Major Choice
- Wages | Non-pecuniary returns | Ability and preference sorting | Information availability
Effects of increased trade/fdi inflow on local labor markets
- Increase in skilled labor demand
- @feenstra_foreign_1997, @JavorcikBeataS.2015DFBG, @alfaro-urena_effects_2021, @setzler_effects_2021
- Skill acquisition decisions
- @blanchard_trade_2016