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Outward FDI Spillovers from Inward FDI: Evidence from Italian Firms

Michele Imbruno, Richard Kneller, Rosanna Pittiglio and Filippo Reganati

Structural Change and Economic Dynamics, 2022, vol. 61, issue C, 434-443

Abstract: Using data from Italian firms during the period 2008–2012, this study empirically explores how the presence of foreign-owned firms can affect the domestic firm's probability to invest abroad (i.e., Outward FDI spillovers from Inward FDI). The findings revealed positive spillovers via horizontal linkages and negative spillovers via forward and backward linkages. However, both the origin of IFDI and destination of OFDI play an important role.

Keywords: Multinationals; Foreign direct investment; Firms; Spillovers; Italy (search for similar items in EconPapers)
JEL-codes: F23 F61 (search for similar items in EconPapers)
Date: 2022
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Citations: View citations in EconPapers (3)

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Persistent link: https://EconPapers.repec.org/RePEc:eee:streco:v:61:y:2022:i:c:p:434-443

DOI: 10.1016/j.strueco.2022.02.016

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Structural Change and Economic Dynamics is currently edited by F. Duchin, H. Hagemann, M. Landesmann, R. Scazzieri, A. Steenge and B. Verspagen

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