 Determinants of inward FDI in manufacturing: a cross-sectoral analysis for GreeceKlimis Vogiatzoglou and Theodore Tsekeris International Journal of Economics and Business Research, 2016, vol. 11, issue 4, 347-365 Abstract: This paper examines the sectoral patterns and determinants of inward foreign direct investment (FDI) in Greek manufacturing. The panel-econometric analysis across manufacturing sectors reveals that, in contrast with low labour costs, a sector's size, labour productivity, scale economies and R%D intensity do significantly affect the attraction of FDI across manufacturing industries. Additionally, the empirical findings imply that policy measures which strengthen the natural resources-based advantages, promote industrial clusters and export processing zones, as well as upgrade the export-oriented logistics and outsourcing activities, would be expected to raise the inflow of manufacturing FDI in the country. Keywords: foreign direct investment; FDI location; investment motives; industry-level analysis; manufacturing industry; outsourcing intensity; industrial policy; Greece; panel data; inward FDI; labour costs; industry size; labour productivity; scale economies; R%D intensity; research and development; natural resources; industrial clusters; export processing zones; export-oriented logistics. (search for similar items in EconPapers) Downloads: (external link) Related works: Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text Persistent link: https://EconPapers.repec.org/RePEc:ids:ijecbr:v:11:y:2016:i:4:p:347-365 Access Statistics for this article More articles in International Journal of Economics and Business Research from Inderscience Enterprises Ltd |
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