Please use this identifier to cite or link to this item:
|Title:||The spatial dimension in FDI spillovers: evidence at the regional level from Portugal|
Fontoura, M. P.
FDI intra-industry spillovers
FDI inter-industry spillovers
Regional development level
|Publisher:||Euro-American Association of Economic Development Studies|
|Abstract:||There are theoretical reasons to expect that benefits to domestic firms from foreign direct investment would be confined to the area where the multinational firm is located and that the benefits depend on the development level of the host region. However, there is a scarcity of empirical studies on FDI’s indirect effects at the regional level, particularly with regard to inter-industry spillovers. This paper is an empirical contribution to this literature with data for Portugal. Both intra-industry and inter-industry FDI spillovers are considered. The concept of region adopted comprises the county in which the domestic firm is located, together with all of the directly neighbouring counties. Equations are estimated using the System GMM, with robust estimation of covariance matrices. Data confirms the relevance of both the geographical proximity and the development level of the region to this phenomenon. Furthermore, FDI spillovers are more evident at the inter-industry level. These results raise important implications for economic policy.|
|Publisher version:||The definitive version is available at: http://www.usc.es/economet/journals2/eers/eers1218.pdf|
|Appears in Collections:||BRU-RI - Artigo em revista científica internacional com arbitragem científica|
Files in This Item:
|publisher_version_eers1218.pdf||200.59 kB||Adobe PDF||View/Open Request a copy|
Items in DSpace are protected by copyright, with all rights reserved, unless otherwise indicated.