摘要：This paper first reviews some of the questions raised by the operations of multinational corporations
(MNCs) in developing economies and related analytical principles. It then describes how MNC presence
has evolved in the manufacturing industries of Indonesia and Thailand, emphasizing the implications of
alternative measures of MNC presence and how economic policies in the host economies affected the
evolution of MNC presence. Finally, it summarizes a rather comprehensive set of recent evidence
suggesting that manufacturing MNCs tended to pay higher wages and export more than local plants in
these two economies. The results also suggest that corresponding productivity differentials were relatively
common in Indonesia but rather uncommon in Thailand. On the other hand, there was strong evidence of
positive wage and productivity spillovers from MNCs to local plants in both economies. In short, the
findings reviewed in this paper suggest that MNCs have imparted important positive effects on economic
performance and workers in these two developing economies.
关键词：Multinational corporations, Manufacturing, Indonesia, Wages, Productivity, Exports
JEL Classification: F, L, O
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