FDI in Space Revisited: The Role of Spillovers on Foreign Direct Investment within the European Union
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Altres documents de l'autoria: Alamá Sabater, Luisa; Heid, Benedikt Sebastian; Jiménez-Fernández, Eduardo; Márquez-Ramos, Laura
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Mostra el registre complet de l'elementcomunitat-uji-handle:10234/9
comunitat-uji-handle2:10234/8643
comunitat-uji-handle3:10234/8644
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INVESTIGACIONMetadades
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FDI in Space Revisited: The Role of Spillovers on Foreign Direct Investment within the European UnionAutoria
Data de publicació
2016Editor
WileyCita bibliogràfica
Alamá-Sabater, L., Heid, B., Jiménez-Fernández, E. and Márquez-Ramos, L. (2017), FDI in Space Revisited: The Role of Spillovers on Foreign Direct Investment within the European Union. Growth and Change, 48, 3, p. 390-408. doi:10.1111/grow.12173Tipus de document
info:eu-repo/semantics/articleVersió de l'editorial
http://onlinelibrary.wiley.com/doi/10.1111/grow.12173/fullVersió
info:eu-repo/semantics/acceptedVersionResum
We estimate a spatial econometric interaction model for bilateral aggregate FDI stock data between 25 European Union member countries in 2010. We find evidence for spatial spillovers of foreign direct investment for ... [+]
We estimate a spatial econometric interaction model for bilateral aggregate FDI stock data between 25 European Union member countries in 2010. We find evidence for spatial spillovers of foreign direct investment for three different types of spatial dependence. Our results document FDI spillovers between neighboring countries of FDI origin countries, neighboring countries of FDI destination countries as well as between neighboring countries of both FDI origin and destination countries. Relying on recently developed methods, we provide the first model-consistent interpretation of marginal effects of market size (measured by GDP) as well as GDP per capita on bilateral FDI activity. Our research highlights the importance of taking into account spatial lags when estimating bilateral FDI gravity models. [-]
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© 2016 Wiley Periodicals, Inc
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info:eu-repo/semantics/openAccess
http://rightsstatements.org/vocab/InC/1.0/
info:eu-repo/semantics/openAccess
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