haku: @author Barrell, R. / yhteensä: 4
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| Tekijä: | Barrell, R. Pain, N. |
| Otsikko: | Domestic institutions, agglomerations and foreign direct investment in Europe |
| Lehti: | European Economic Review
1999 : APR, VOL. 43:4-6, p. 925-934 |
| Asiasana: | FOREIGN INVESTMENT TECHNOLOGICAL INNOVATION USA EUROPE TECHNOLOGY TRANSFER EUROPEAN UNION |
| Kieli: | eng |
| Tiivistelmä: | Recent developments in the economics of location emphasize the endogeneity of locational advantages during the process of European integration. The relative importance of host country labour institutions and agglomerations is explored using an industry-level panel data set on the location of investments by U.S. multinational firms in Europe. The results indicate that centripetal and centrifugal forces are both important. New growth theories also suggest that international transfers of technology and knowledge through FDI may affect the performance of host economies. The benefits from inward investment in four EU economies are considered and empirical evidence of significant spillovers from inward investment on technical progress. |
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