Standard-Nutzungsbedingungen:Die Dokumente auf EconStor dürfen zu eigenen wissenschaftlichen Zwecken und zum Privatgebrauch gespeichert und kopiert werden.Sie dürfen die Dokumente nicht für öffentliche oder kommerzielle Zwecke vervielfältigen, öffentlich ausstellen, öffentlich zugänglich machen, vertreiben oder anderweitig nutzen.Sofern die Verfasser die Dokumente unter Open-Content-Lizenzen (insbesondere CC-Lizenzen) zur Verfügung gestellt haben sollten, gelten abweichend von diesen Nutzungsbedingungen die in der dort genannten Lizenz gewährten Nutzungsrechte. The paper accounts for the determinants of inward foreign direct investment in business services across the EU-27 regions. Together with the traditional variables considered in the literature (market size, market quality, agglomeration economies, labour cost, technology, human capital), we focus on the role of forward linkages with manufacturing sectors and other service sectors as attractors of business services FDI at the regional level. This hypothesis is based on the evidence that the growth of business services is mostly due to increasing intermediate demand by other services industries and by manufacturing industries and on the importance of geographical proximity for forward linkages in services.
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Documents inTo our knowledge, there are no studies investigating the role of forward linkages for the location of FDI. This paper aims therefore to fill this gap and add to the FDI literature by providing a picture of the specificities of the determinants of FDI in business services at the regional level.The empirical analysis draws upon the database fDi Markets, from which we selected projects having as a destination NUTS 2 European regions in the sectors of Business services over the period [2003][2004][2005][2006][2007][2008]. Data on FDI have been matched with data drawn from the Eurostat Regio database. Forward linkages have been constructed using the OECD Input/Output database.By estimating a negative binomial model, we find that regions specialised in those (manufacturing) sectors that are high potential users of business services attract more FDI than other regions. This confirms the role of geographical proximity for forward linkages in services and shows the role played by the existing structure of domestic production for the localisation of business service FDI, particularly in the case of manufacturing.
Bank of Italy (ALAMPI and MESSINA, 2012) provides an index that uses transport time as an instrument to measure infrastructural endowment at the provincial level. Without transport infrastructure linking the different regions, the only factor determining an area's capacity to have access to relevant markets is geographic distance. The potential market for an area i (i.e. the geographic accessibility index A i ) depends on the geographic distance with respect to all the other areas.and C ij / d ij <0
This article is intended to study, by means of both a nonparametric and a parametric approach to convergence, whether after the latest enlargements of the European Union the traditional twofold spatial regime of regional per capita income growth, predicting a north/south and/or a cohesion/non-cohesion countries divide, should be replaced by an alternative east/west spatial pattern. A second relevant issue is whether new member regions where capital cities are located are benefiting from the same “network effect” that enhanced growth in old member capital regions during the 1980s and early 1990s. We find evidence, by means of spatial econometrics tools, of significant spatial effects in the enlarged Europe which seems to be formed by a group of old member regions, slowly becoming more homogeneous, and a newcomers group which represents a separate “convergence club” but whose capital regions are rapidly integrating into the west. The European regional policy may play a crucial role in this context
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