Outward FDI and Local Employment Growth in Italy |
| |
Authors: | Stefano Federico Gaetano Alfredo Minerva |
| |
Affiliation: | (1) Bank of Italy, Rome, Italy;(2) Dipartimento di Scienze Economiche, Università di Bologna, Strada Maggiore 45, 40125 Bologna, Italy |
| |
Abstract: | Using several data sources, we assess the impact of Italy’s outward foreign direct investment (FDI) on local employment growth between 1996 and 2001 for 12 manufacturing industries and 103 administrative provinces. Our main result is that, controlling for the local industrial structure and area fixed effects, FDI is associated with faster local employment growth, relatively to the national industry average. We also find that employment in small plants is not negatively influenced by higher levels of FDI. Our findings do not support therefore the idea that FDI is detrimental to local employment growth in the home country. JEL no. C21, F21, F23 |
| |
Keywords: | Foreign direct investment agglomeration employment growth |
本文献已被 SpringerLink 等数据库收录! |
|