FDI spillovers at regional level: evidence from Portugal

Crespo, Nuno; Proença, Isabel; Fontoura, Maria Paula

http://hdl.handle.net/10400.5/23933

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Autores

Crespo, Nuno

Proença, Isabel

Fontoura, Maria Paula

Resumo(s)

This paper aims to establish whether geographical proximity between multinational and domestic firms is relevant to the occurrence of FDI spillovers, by considering both horizontal and vertical spillovers. Using data for Portugal, this hypothesis is confirmed. In the case of horizontal externalities, the impact is negative, probably due to the competition effect. Concerning vertical externalities, a positive impact through backward linkages is observed. Additionally, omission of the regional dimension provokes a bias on the estimation of the intra-sectoral effect at the national level. These results raise important implications for the economic policies aiming to attract FDI and promote regional development.

Palavras-chave

Vertical Spillovers Horizontal Spillovers Multinational Firms Productivity FDI

URI

http://hdl.handle.net/10400.5/23933

Citação

Crespo, Nuno. Isabel Proença and Maria Paula Fontoura .2005. “FDI spillovers at regional level: evidence from Portugal” . ISCTE – UNIDE ERC. Working Paper nº 5/2008

Editora

ISCTE - UNIDE ERC

Coleções

DE - Documentos de trabalho / Working Papers

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