Firm Employment Resilience and FDI: Evidence from Italy

Anna Ferragina and Fernanda Mazzotta ()

No 152, CELPE Discussion Papers from CELPE - CEnter for Labor and Political Economics, University of Salerno, Italy

Abstract: Making use of an original data set we investigate the employment dynamics of a panel of Italian manufacturing firms over 2002-2010, allowing the global crisis to impact differently on firms growth trajectories according to firm involvement in FDI, controlling for firm size, age, financial conditions. We estimate a GMM System dynamic panel model and investigate whether foreing multinational firms show a different path of employment adjustment during the 2008 Global Re-cession. This paper is the first to test this issue for Italy and follows the benchmarking literaure on other countries. The results on a policy ground support the idea that FDI has no impact on employment resilience.

Keywords: FDI; Employment adjustment; Dynamic panel analysis; System GMM (search for similar items in EconPapers)
JEL-codes: C41 F21 F23 J31 L11 L25 L60 (search for similar items in EconPapers)
Pages: 30 pages
Date: 2017-12-30
New Economics Papers: this item is included in nep-eur and nep-int
References: View references in EconPapers View complete reference list from CitEc
Citations:

Downloads: (external link)
https://www.celpe.unisa.it/uploads/rescue/784/1048/dp_152.pdf Full text (application/pdf)
Our link check indicates that this URL is bad, the error code is: 404 Not Found

Related works:
Journal Article: Firm Employment Resilience and FDI: Evidence from Italy (2018)
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:sal:celpdp:0152

Access Statistics for this paper

More papers in CELPE Discussion Papers from CELPE - CEnter for Labor and Political Economics, University of Salerno, Italy via Giovanni Paolo II, 132, 84084 - Fisciano (SA), ITALY. Contact information at EDIRC.
Bibliographic data for series maintained by Roberto Dell'Anno ().