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dc.contributor.authorAlamá Sabater, Luisa
dc.contributor.authorHeid, Benedikt
dc.contributor.authorJiménez Fernández, Eduardo
dc.contributor.authorMárquez Ramos, Laura
dc.identifier.citationAlamá-Sabater, L., Heid, B., Jiménez-Fernández, E. and Márquez-Ramos, L. (2016), FDI in Space Revisited: The Role of Spillovers on Foreign Direct Investment within the European Union. Growth and Change. doi:10.1111/grow.12173ca_CA
dc.description.abstractWe 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.ca_CA
dc.description.sponsorShipFinancial support by grants ECO2014-55221-P and MTM2012-36740-C02-02 of the Ministerio de Economía y Competitividad (Spain), Universitat Jaume I (P1-1B2013-06), and Generalitat Valenciana (PROMETEOII/2014/053) is gratefully acknowledged.ca_CA
dc.format.extent19 p.ca_CA
dc.rights© 2016 Wiley Periodicals, Incca_CA
dc.titleFDI in Space Revisited: The Role of Spillovers on Foreign Direct Investment within the European Unionca_CA

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