From local to global, and return: geographical Indications and FDI in Europe
Riccardo Crescenzi,
Fabrizio De Filippis (),
Mara Giua,
Luca Salvatici and
Cristina Vaquero Pineiro
LSE Research Online Documents on Economics from London School of Economics and Political Science, LSE Library
Abstract:
The geographical indication (GI) scheme of the European Union guarantees visibility and protection to high-quality agri-food products associated with a demarcated region of origin. This paper estimates the impact of the scheme in attracting agri-food foreign direct investment (FDI) in European NUTS3 regions, using a novel dataset and a generalized propensity score matching approach. Areas endorsed with GIs attract more FDI in agri-food-related activities than their non-GI counterparts. Positive effects, estimated for FDI inflows, related job creation and inter-sectoral spillovers on local employment, involves territories with lower institutional quality.
Keywords: foreign direct investment; geographical indications; regional development; territorial policy; European Union (search for similar items in EconPapers)
JEL-codes: C31 O24 Q18 R11 (search for similar items in EconPapers)
Pages: 22 pages
Date: 2023-10-12
New Economics Papers: this item is included in nep-agr, nep-geo, nep-int, nep-sbm and nep-ure
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (7)
Published in Papers in Regional Science, 12, October, 2023, 102(5), pp. 985 - 1006. ISSN: 1056-8190
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Persistent link: https://EconPapers.repec.org/RePEc:ehl:lserod:120408
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