Artikel

FDI Policies and Catching-Up

The dynamic effects of Foreign Direct Investment in Portugal allowed for a structural shift in exports towards technology-intensive activities. However, since 2000, several factors, largely triggered by the global financial crisis, led to a drop in industrial output along with a reduction in FDI attraction. This paper assesses the efficacy of the Investment Promoting policies to stimulate innovation and promote the absorptive capacity at national level, by analysing the relationship between FDI inward flows and a set of innovation and absorptive capacity indicators. Results show that the gap between Portugal and the EU-28 average is far from being closed. Rather than being an automatic process triggered by foreign presence, we suggest that the convergence based on the productivity, can be assisted by a reinforcement of supply-side measures, and the coordination between the industrial policy and the instruments of the Investment Promotion Policy, in strategic industries.

Sprache
Englisch

Erschienen in
Journal: Journal of Applied Economic Sciences ; ISSN: 2393-5162 ; Volume: XIII ; Year: 2019 ; Issue: 7(61) ; Pages: 1821-1853 ; Craiova: Spiru Haret University

Klassifikation
Wirtschaft
Economic Integration
Multinational Firms; International Business
Macroeconomic Analyses of Economic Development
Technological Change: Choices and Consequences; Diffusion Processes
Economic Growth and Aggregate Productivity: General
Thema
Industrial Policy
Productivity
Investment Promotion Policies
Innovation
Convergence
Technological Gap

Ereignis
Geistige Schöpfung
(wer)
Santos, Eleonora
Khan, Shahed
Ereignis
Veröffentlichung
(wer)
Spiru Haret University
ZBW – Leibniz Information Centre for Economics
(wo)
Craiova
(wann)
2019

Handle
Letzte Aktualisierung
10.03.2025, 11:43 MEZ

Datenpartner

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Objekttyp

  • Artikel

Beteiligte

  • Santos, Eleonora
  • Khan, Shahed
  • Spiru Haret University
  • ZBW – Leibniz Information Centre for Economics

Entstanden

  • 2019

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