Using data from Italian firms during the period 2008–2012, this study empirically explores how the presence of foreign-owned firms can affect the domestic firm’s probability to invest abroad (i.e., Outward FDI spillovers from Inward FDI). The findings revealed positive spillovers via horizontal linkages and negative spillovers via forward and backward linkages. However, both the origin of IFDI and destination of OFDI play an important role.
Outward FDI Spillovers from Inward FDI: Evidence from Italian Firms / Imbruno, Michele; Kneller, Richard; Pittiglio, Rosanna; Reganati, Filippo. - In: STRUCTURAL CHANGE AND ECONOMIC DYNAMICS. - ISSN 0954-349X. - 61:(2022), pp. 434-443. [10.1016/j.strueco.2022.02.016]
Outward FDI Spillovers from Inward FDI: Evidence from Italian Firms
Michele Imbruno
;Filippo Reganati
2022
Abstract
Using data from Italian firms during the period 2008–2012, this study empirically explores how the presence of foreign-owned firms can affect the domestic firm’s probability to invest abroad (i.e., Outward FDI spillovers from Inward FDI). The findings revealed positive spillovers via horizontal linkages and negative spillovers via forward and backward linkages. However, both the origin of IFDI and destination of OFDI play an important role.| File | Dimensione | Formato | |
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