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Outward Investments and Productivity: Evidence from European Regions
Castellani D. and Pieri F. Outward investments and productivity: evidence from European regions, Regional Studies. Using a novel data set on international investment projects, this paper builds measures of outward foreign direct investments (FDIs) for 262 regions of the European Union. This allows as estimation to be made of regressions of productivity growth over the 2007–11 period as a function of the number of FDIs. The number of outward FDIs in manufacturing activities is negatively associated with productivity growth in the home region, but investments in sales, distribution and marketing are associated with a boost in local productivity. This is driven especially by investments towards non-European Union locations. This evidence qualifies the fear of hollowing-out as a consequence of outward investments.
Outward Investments and Productivity: Evidence from European Regions
Castellani D. and Pieri F. Outward investments and productivity: evidence from European regions, Regional Studies. Using a novel data set on international investment projects, this paper builds measures of outward foreign direct investments (FDIs) for 262 regions of the European Union. This allows as estimation to be made of regressions of productivity growth over the 2007–11 period as a function of the number of FDIs. The number of outward FDIs in manufacturing activities is negatively associated with productivity growth in the home region, but investments in sales, distribution and marketing are associated with a boost in local productivity. This is driven especially by investments towards non-European Union locations. This evidence qualifies the fear of hollowing-out as a consequence of outward investments.
Outward Investments and Productivity: Evidence from European Regions
Castellani, Davide (Autor:in) / Pieri, Fabio (Autor:in)
Regional Studies ; 50 ; 1945-1964
01.12.2016
20 pages
Aufsatz (Zeitschrift)
Elektronische Ressource
Englisch
Regional productivity growth , Foreign investments , Europe , 区域生产力成长 , 外商投资 , 欧洲 , Croissance de la productivité régionale , Investissements étrangers , Regionales Produktivitätswachstum , Auslandsinvestitionen , Europa , Crecimiento de la productividad regional , Inversiones extranjeras , C23 , F23 , O47 , R11
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