European Internal Market and Foreing Direct Investment. The Determinants of Fdi
-
1
Universidade de Santiago de Compostela
info
ISSN: 1578-4460
Año de publicación: 2009
Volumen: 9
Número: 2
Páginas: 35-52
Tipo: Artículo
Otras publicaciones en: Estudios Economicos Regionales y Sectoriales : EERS: Regional and sectoral economic studies : RSES
Resumen
In this paper we intended to analyse the effects that the incorporation of ten candidate states to the EU- in May 2004- will have over their economies. We studied the role that foreign direct investment (FDI) has played in these countries. We also showed how a country attracts FDI, taking into account size and other factors to which foreign investors are sensitive. In this connection, we monitored several indices to consider social, political and institutional factors which can be relevant to foreign investors from a competitive point of view. Another question to be answered is whether the new regional integration would modify the location of activities in the European countries. We will analyse this question by the role of multinationals companies across Europe.
Referencias bibliográficas
- Alguacil, M.T. & Orts, V.(2002): "Time Series Analysis of Inward Foreign Direct Investment and Imports in Spain". Documentos de Economía y Finanzas Internacionales, January 2002.FEDEA.
- Bela Balassa (1963): "An Empirical Demonstration of Classical Comparative Cost Theory." Review of Economics and Statistics 4, pp.231-238.
- Bengoa Calvo, Marta (2000): "Inversión Directa Extranjera y crecimiento económico: una aplicación empírica con datos de panel en países en desarrollo". XIV Reunión Asepelt - España. Oviedo.
- Borensztein, de Gregorio & Lee (1998): "How does foreign direct investment affect economic growth?" Journal of International Economics 45, pp. 115-135.
- Brander & Krugman (1983): "A Reciprocal Dumping Model of International Trade." Journal of International Economics 15, 313-321.
- Eurostat. Statistics in focus. Several issues.
- Frías, I, Iglesias, A. & Vázquez, E. (1998) Crecimiento y empleo en las regiones europeas, 1975-1995. Revista Gallega de Economia Vol.7 N° 2. Servicio de Publicaciones USC.
- Frías, I, Iglesias, A. & Vázquez, E. (2003): Consecuencias Económicas de la Incorporación a la UE: Nuevos Países y Lecciones del Pasado. XXIX Reunión de Estudios Regionales, Zaragoza.
- Frías, I, Iglesias, A. & Vázquez, E. (2005): "The effects of the enlargement of the EU: The mobility of factors of production". Applied Econometrics and International Development, Vol. 5 N° 1.
- Guisan, M.C. (2009). "Government Effectiveness, Education, Economic Development and Well-Being: Analysis of European Countries in Comparison with the United States and Canada, 2000-2007", Applied Econometrics and International Development, Vol. 9-1.2
- Guisán, M.C. & Aguayo, E.(2004). "Desarrollo economico de Europa Central en 1950-2002: Modelos econometricos y comparacion con Irlanda, España y Austria", Estudios Económicos de Desarrollo Internacional, Vol.4-2.1
- Guisan, M.C. & Aguayo, E. (2004 b). "Employment, Population and Regional Development in Western and Central Europe. Econometric Models and Challenges of EU Enlargement", Applied Econometrics and International Development, Vol. 4-2.2
- Guisán, M.C. & Frías, I. (1996): "Economic Growth and Social Welfare in the European Regions." Working Paper Series Economic Development, n° 9.3
- Guisán, M. C. y Neira, I. (2001): "Capital humano y capital físico en la OCDE, su importancia en el crecimiento económico en el período 1965-95". Estudios Económicos de desarrollo internacional, Vol 1-2.1
- Guisan, M.C. & Neira, I.(2006). "Direct and Indirect Effects of Human Capital on World Development, 1960-2004", Applied Econometrics and International Development, Vol. 6-1.2
- Helpman, H. & Krugman (1985): Market Structure and Foreign Trade, Cambridge, Ma., The MIT Press.
- Krugman, P. (1979): "Increasing returns, monopolistic competition and internal trade". Journal of International Economics, 9, 4 November. 469-479.
- Krugman, P. (1991a): "Increasing Returns and Economic Geography". Journal of Political Economy, Vol. 99, n° 3.
- Krugman, P. (1992): Geografía y Comercio. Antoni Bosch Editor.
- Leontief, W. (1953): "Domestic Production and Foreign Trade: The American Capital Position Re-examined". Preceedings of the American Phylosophical Society 97. pp. 331-349.
- Murphy, R.M., Shleifer A. & Vishny (1989): "Industrialization and the Big Push." Journal of Political Economy, Vol.97, n° 5.
- Rodríguez Pose, Andrés (2003): The European Union. Economy, Society and Polity. Oxford University Press.
- Neira, I & Guisán, M.C. (2002): "Modelos Econométricos de Capital Humano y Crecimiento Económico". Working Paper Economic Development n° 62.3
- Neven, D.N. (1990): "Gain and Losses from 1992." Economic Policy 10, April.
- Porter, M. (1991): La Ventaja Competitiva de las Naciones. Barcelona: Plaza y Janés.
- UNCTAD World Investment Report, 2002: Transnational corporations and exports competitiveness.
- UNCTAD World Investment Report, 2004: The Shift Towards Services.
- Vázquez, E & Iglesias, A. (2009): "Inversión directa extranjera en los nuevos países tras su integración en la UE", Estudios Económicos de Desarrollo Internacional, Vol. 9-1.1