The role of public policy in closing foreign direct investment gaps: An empirical analysis

Empirica

Volumn 37, Issue 1, 2010, Pages 19-46

  Bellak, C ^a   Leibrecht, M ^a   Stehrer, R ^b  

^a VIENNA UNIVERSITY OF ECONOMICS AND BUSINESS   (Austria)

^b The Vienna Institute for International Economic Studies   (Austria)

Author keywords

Economic policy; European Union; Foreign direct investment; Industry level study; Location decision

Indexed keywords

ECONOMIC POLICY; EMPIRICAL ANALYSIS; EUROPEAN UNION; FOREIGN DIRECT INVESTMENT; INVESTMENT LOCATION; LOCATION DECISION;

EUROPE;

EID: 75549086060     PISSN: 03408744     EISSN: None     Source Type: Journal    
DOI: 10.1007/s10663-009-9107-6     Document Type: Article

References (29)

1. Barba Navaretti G, Venables AJ (2004) Multinational firms in the world economy. Princeton University Press, Princeton.
2. Bellak C, Leibrecht M, Riedl A (2008) Labour costs and FDI flows to the CEECs: a survey of the literature and some empirical evidence. Struct Chang Econ Dyn 19: 17-37.
3. Bellak C, Damijan J, Leibrecht M (2009) Infrastructure endowment and corporate income taxes as determinants of foreign direct investment in Central- and Eastern European Countries. World Econ 32(2): 267-290.
4. Bénassy-Quéré A, Coupet M, Mayer T (2007a) Institutional determinants of foreign direct investment. World Econ 30(5): 764-782.
5. Bénassy-Quéré A, Gobalraja N, Trannoy A (2007b) Tax and public input competition. Econ Policy 22(5): 385-430.
6. Bevan AA, Estrin S (2004) The determinants of foreign direct investment into European transition economies. J Comp Econo 32: 775-787.
7. Buch CM, Lipponer A (2007) FDI versus exports: evidence from German banks. J Bank Finance 31: 805-826.
8. Cameron AC, Trivedi PK (2005) Microeconometrics: methods and applications. Cambridge University Press, Cambridge.
9. Clausing KA, Dorobantu CL (2005) Re-entering Europe: does European Union candidacy boost foreign direct investment? Econ Transit 13(1): 77-103.
10. De Santis R, Vicarelli C (2007) The Determinants of FDI Inflows in Europe: the role of the institutional context and Italy's relative position. Rivista di Politica Economica SIPI-Confindustria, Roma (http://ssrn. com/abstract=986538).
11. Demekas DG, Balász H, Ribakova E et al (2007) Foreign direct investment in European transition economies-the role of policies. J Comp Econ 35(2): 369-386.
12. DeMooij RA, Ederveen S (2005) How does foreign direct investment respond to taxes? A meta analysis. Paper presented at the Workshop on FDI and Taxation. GEP Nottingham, October.
13. Devereux MP, Griffith R (1998a) Taxes and the location of production: evidence from a panel of US multinationals. J Public Econ 68(3): 335-367.
14. Devereux MP, Griffith R (1998b) The taxation of discrete investment choices. IFS Working paper series no. W98/16.
15. Egger P, Pfaffermayr M (2004) Foreign direct investment, European integration in the 1990s. World Econ 27(1): 99-110.
16. Girma S, Greenaway D, Kneller R (2005) Does exporting increase productivity? A microeconometric analysis of matched firms. In: Greenaway D (ed) Adjusting to globalization. Blackwell, Oxford, pp 131-142.
17. Guimón J (2009) Government strategies to attract R& D-intensive FDI. J Technol Transf 34(4): 364-379. doi 10. 1007/s10961-008-9091-1.
18. Head K (2003) Gravity for Beginners. Mimeo, University of British Columbia.
19. Helpman E (2006) Trade, FDI and the organization of firms. J Econ Lit XLIV: 589-630.
20. Markusen JR, Maskus KE (2002) Discriminating among alternative theories of the multinational enterprise. Rev Int Econ 10(4): 694-707.
21. Mollick AV, Ramos-Duran R, Silva-Ochoa E (2006) Infrastructure and FDI into Mexico: a panel data approach. Glob Econ J 6(6): 1-25.
22. Mutti JH (2004) Foreign direct investment and tax competition. Institute for International Economics, Washington.
23. Mutti JH, Grubert H (2004) Empirical asymmetries in foreign direct investment and taxation. J Int Econ 62(2): 337-358.
24. Resmini L (2000) The determinants of foreign direct investment in the CEECs. Econ Transit 8(3): 665-689.
25. Roodman D (2006) How to Do xtabond2: an introduction to "Difference" and "System" GMM in Stata. Working Paper 103. Center for Global Development, Washington.
26. Stöwhase S (2005) Tax rate differentials and sector specific foreign direct investment: empirical evidence from the EU. Finanzarchiv 61(4): 535-558.
27. Verbeek M (2008) A guide to modern econometrics, 3rd edn. Wiley, Chichester.
28. Wooldridge JM (2002) Econometric analysis of cross section and panel data. MIT-Press, Cambridge.
29. Yeaple SR (2003) The role of skill endowments in the structure of US outward foreign direct investment. Rev Econ Stat 85(3): 726-734.