| dc.description.abstract | Globalization of economy is the main trend of today′s society. Business trades between countries brings each other closer. The capital injection drives the economic growth of the host country, and is also the driving force of the economic miracles for many countries. Therefore, foreign direct investment inflows are particularly important for each country.
In the past, scholars′ research found that the inflows of FDI often have a positive effect on the employment, productivity and innovation ability of the host country. However, whether the inflows of FDI will increase the salary or not, different results were obtained during the studies of domestic and foreign. Therefore, this paper wants to discuss whether FDI has a positive impact on Taiwan′s salary, and which industry received greatest impact. This study uses time series data from 2000 to 2016 to analysis and discuss the following three industries : service industry, manufacturing industry and all industries, trying to obtain answers of the abovementioned questions. By adding financial industry and electronic manufacture industry, which are the highest FDI amount sub-industry of service industry and manufacturing industry, into the annual data, and uses macroeconomic variable to discuss if quarterly and annually FDI would have greater spillover effect of wage. By using unit root test and cointegration test to make sure all variables are steady state, and furthermore to vertify with self-correlation and heterogeneous test. There is a self-correlation model to make the Prais-Winsten model correction, and the heterogeneous model is corrected by robust, and finally the regression analysis is performed by the OLS least squares method.
The empirical results show that when the FDI inflows have a negative and significant impact on the salary of service industry, but have a positive and significant impact on the salary of manufacturing industry. The financial and insurance industry and the electronic component manufacturing industry have achieved positive and insignificant results in both the price and quantity models. | en_US |