Home country employment and foreign direct investment: evidence from the Italian case |
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Authors: | Mariotti Sergio; Mutinelli Marco; Piscitello Lucia |
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Institution: | Politecnico di Milano;
Università degli Studi di Brescia. |
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Abstract: | The present paper provides further insights on the relationshipbetween home country employment and foreign direct investment(FDI) undertaken by national firms. The unit of analysis iseach ensemble of firms operating in the same industrial sectorand localised in the same geographical region. That allows usto capture both direct and indirect effects of foreign productionon the parent's environment, which arise through the generationof linkages and externalities. Empirical evidence has been providedwith reference to the Italian case in the decade 198595.Results suggest that the impact of outward FDI on the labourintensity of domestic production is negative in the case ofvertical investment undertakenespecially by smaller firmsinless developed countries, and positive for horizontal and market-seekinginvestments in advanced countries. |
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Keywords: | Employment Labour intensity Foreign direct investment Externalities |
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