Health expenditure and FDI in Europe

Maria Daniela Giammanco and Lara Gitto

Economic Analysis and Policy, 2019, vol. 62, issue C, 255-267

Abstract: The quality of local institutions and the governmental measures sustaining Foreign Direct Investments (FDI) are some of the traditional determinants of multinational agglomerations. One institution which has so far been under-investigated is the health system. Yet several empirical contributions have shown that health is a constituent part of human capital (Bloom and Canning, 2004; Alsan et al., 2006; Ogundari and Awokuse, 2018). Therefore, the quality of the health system may be considered an important FDI attractor factor alongside infrastructures, education, labor force and R&D expenditure (Ingram and Silverman, 2002; Blomström, 2006).

Keywords: FDI; Health expenditure; EU countries; Institution based view; Resource based view (search for similar items in EconPapers)
JEL-codes: C39 F21 F23 H51 I15 (search for similar items in EconPapers)
Date: 2019
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (11)

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Persistent link: https://EconPapers.repec.org/RePEc:eee:ecanpo:v:62:y:2019:i:c:p:255-267

DOI: 10.1016/j.eap.2019.04.001

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