Publicação
The spatial dimension in FDI spillovers : evidence at the regional level from Portugal
| Resumo: | 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. |
|---|---|
| Autores principais: | Crespo, Nuno |
| Outros Autores: | Proença, Isabel; Fontoura, Maria Paula |
| Assunto: | FDI Inter-Industry Spillovers Countries Regional Development Level Geographical Proximity Portugal |
| Ano: | 2010 |
| País: | Portugal |
| Tipo de documento: | working paper |
| Tipo de acesso: | acesso aberto |
| Instituição associada: | Universidade de Lisboa |
| Idioma: | inglês |
| Origem: | Repositório da Universidade de Lisboa |
| _version_ | 1866810414895988736 |
|---|---|
| author | Crespo, Nuno |
| author2 | Proença, Isabel Fontoura, Maria Paula |
| author2_role | author author |
| author_facet | Crespo, Nuno Proença, Isabel Fontoura, Maria Paula |
| author_role | author |
| contributor_name_str_mv | Repositório Científico de Acesso Aberto da ULisboa |
| country_str | PT |
| creators_json_txt | [{\"Person.name\":\"Crespo, Nuno\"},{\"Person.name\":\"Proença, Isabel\"},{\"Person.name\":\"Fontoura, Maria Paula\"}] |
| datacite.contributors.contributor.contributorName.fl_str_mv | Repositório Científico de Acesso Aberto da ULisboa |
| datacite.creators.creator.creatorName.fl_str_mv | Crespo, Nuno Proença, Isabel Fontoura, Maria Paula |
| datacite.date.Accepted.fl_str_mv | 2010-01-01T00:00:00Z |
| datacite.date.available.fl_str_mv | 2011-01-25T15:46:45Z |
| datacite.date.embargoed.fl_str_mv | 2011-01-25T15:46:45Z |
| datacite.rights.fl_str_mv | http://purl.org/coar/access_right/c_abf2 |
| datacite.subjects.subject.fl_str_mv | FDI Inter-Industry Spillovers Countries Regional Development Level Geographical Proximity Portugal |
| datacite.titles.title.fl_str_mv | The spatial dimension in FDI spillovers : evidence at the regional level from Portugal |
| dc.contributor.none.fl_str_mv | Repositório Científico de Acesso Aberto da ULisboa |
| dc.creator.none.fl_str_mv | Crespo, Nuno Proença, Isabel Fontoura, Maria Paula |
| dc.date.Accepted.fl_str_mv | 2010-01-01T00:00:00Z |
| dc.date.available.fl_str_mv | 2011-01-25T15:46:45Z |
| dc.date.embargoed.fl_str_mv | 2011-01-25T15:46:45Z |
| dc.format.none.fl_str_mv | application/pdf |
| dc.identifier.none.fl_str_mv | http://hdl.handle.net/10400.5/2863 |
| dc.language.none.fl_str_mv | eng |
| dc.publisher.none.fl_str_mv | ISEG - Departamento de Economia |
| dc.rights.none.fl_str_mv | http://purl.org/coar/access_right/c_abf2 |
| dc.subject.none.fl_str_mv | FDI Inter-Industry Spillovers Countries Regional Development Level Geographical Proximity Portugal |
| dc.title.fl_str_mv | The spatial dimension in FDI spillovers : evidence at the regional level from Portugal |
| dc.type.none.fl_str_mv | http://purl.org/coar/resource_type/c_8042 |
| description | 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. |
| dirty | 0 |
| eu_rights_str_mv | openAccess |
| format | workingPaper |
| fulltext.url.fl_str_mv | https://repositorio.ulisboa.pt/bitstreams/f44972a5-f436-4196-a09b-48a9e98aca36/download |
| id | ul_742e4b3dcd7d3497b9809304ead9bbc2 |
| identifier.url.fl_str_mv | http://hdl.handle.net/10400.5/2863 |
| instacron_str | ul |
| institution | Universidade de Lisboa |
| instname_str | Universidade de Lisboa |
| language | eng |
| network_acronym_str | ul |
| network_name_str | Repositório da Universidade de Lisboa |
| oai_identifier_str | oai:repositorio.ulisboa.pt:10400.5/2863 |
| organization_str_mv | urn:organizationAcronym:ul |
| person_str_mv | Crespo, Nuno Proença, Isabel Fontoura, Maria Paula |
| publishDate | 2010 |
| publisher.none.fl_str_mv | ISEG - Departamento de Economia |
| reponame_str | Repositório da Universidade de Lisboa |
| repository_id_str | urn:repositoryAcronym:ul |
| service_str_mv | urn:repositoryAcronym:ul |
| spelling | engISEG - Departamento de EconomiaporThere 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.application/pdfporThe spatial dimension in FDI spillovers : evidence at the regional level from PortugalCrespo, NunoProença, IsabelFontoura, Maria PaulaHostingInstitutionOrganizationalRepositório Científico de Acesso Aberto da ULisboae-mailmailto:repositorio@reitoria.ulisboa.ptrepositorio@reitoria.ulisboa.ptISSNIsPartOf0874-45482011-01-25T15:46:45Z20102010-01-01T00:00:00ZHandlehttp://hdl.handle.net/10400.5/2863http://purl.org/coar/access_right/c_abf2open accessFDI Inter-Industry SpilloversCountriesRegional Development LevelGeographical ProximityPortugal345701 bytesother research producthttp://purl.org/coar/resource_type/c_8042working paperhttp://purl.org/coar/access_right/c_abf2application/pdffulltexthttps://repositorio.ulisboa.pt/bitstreams/f44972a5-f436-4196-a09b-48a9e98aca36/download |
| spellingShingle | The spatial dimension in FDI spillovers : evidence at the regional level from Portugal Crespo, Nuno FDI Inter-Industry Spillovers Countries Regional Development Level Geographical Proximity Portugal |
| status | SINGLETON |
| subject.fl_str_mv | FDI Inter-Industry Spillovers Countries Regional Development Level Geographical Proximity Portugal |
| title | The spatial dimension in FDI spillovers : evidence at the regional level from Portugal |
| title_full | The spatial dimension in FDI spillovers : evidence at the regional level from Portugal |
| title_fullStr | The spatial dimension in FDI spillovers : evidence at the regional level from Portugal |
| title_full_unstemmed | The spatial dimension in FDI spillovers : evidence at the regional level from Portugal |
| title_short | The spatial dimension in FDI spillovers : evidence at the regional level from Portugal |
| title_sort | The spatial dimension in FDI spillovers : evidence at the regional level from Portugal |
| topic | FDI Inter-Industry Spillovers Countries Regional Development Level Geographical Proximity Portugal |
| topic_facet | FDI Inter-Industry Spillovers Countries Regional Development Level Geographical Proximity Portugal |
| url | http://hdl.handle.net/10400.5/2863 |
| visible | 1 |