Arbeitspapier

Outward foreign direct investment and domestic performance: In search of a causal link

The aim of this paper is to examine causal effects of outward foreign direct investment activities of corporations that start expanding abroad on a large number of domestic performance indicators. Our results indicate that there is no evidence in our data to show that FDI has statistically significant impact on productivity, employment and output. The only statistically significant result indicates that FDI causes positive growth in export intensity. On the other hand when we restrict our sample to Belgian manufacturing firms only, we do find that switching to OFDI causes a positive growth in TFP. This effect is coupled with an increase in wages and exports. On the other hand, we do not find any statistically significant evidence that internationalization of Belgian firms causes loss of employment for the unskilled worker as in other studies

Sprache
Englisch

Erschienen in
Series: NBB Working Paper ; No. 272

Klassifikation
Wirtschaft
Multinational Firms; International Business
Firm Behavior: Theory
Semiparametric and Nonparametric Methods: General
Thema
multinational firms
propensity score matching
difference-in-differences
Auslandsinvestition
Auslandsverlagerung
Internationale Geschäftsbeziehungen
Beschäftigungseffekt
Induktive Statistik
Belgien

Ereignis
Geistige Schöpfung
(wer)
Dhyne, Emmanuel
Sarisoy Guerin, Selen
Ereignis
Veröffentlichung
(wer)
National Bank of Belgium
(wo)
Brussels
(wann)
2014

Handle
Letzte Aktualisierung
10.03.2025, 11:42 MEZ

Datenpartner

Dieses Objekt wird bereitgestellt von:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.

Objekttyp

  • Arbeitspapier

Beteiligte

  • Dhyne, Emmanuel
  • Sarisoy Guerin, Selen
  • National Bank of Belgium

Entstanden

  • 2014

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