IDEAS home Printed from https://ideas.repec.org/a/ecb/ecbbox/201900093.html
   My bibliography  Save this article

Euro area foreign direct investment since 2018: the role of special purpose entities

Author

Listed:
  • Di Nino, Virginia

Abstract

This box shows that the reversal in gross flows of euro area foreign direct investment (FDI) in 2018 was to a large extent due to developments in flows in Luxembourg and the Netherlands, with Ireland and Belgium contributing to a lesser extent. The episode can be explained by the activity of special purpose entities located in these countries and is also likely to be related to the US corporate tax reform. JEL Classification: F32, F38

Suggested Citation

  • Di Nino, Virginia, 2019. "Euro area foreign direct investment since 2018: the role of special purpose entities," Economic Bulletin Boxes, European Central Bank, vol. 9.
  • Handle: RePEc:ecb:ecbbox:2019:0009:3
    as

    Download full text from publisher

    File URL: https://www.ecb.europa.eu//pub/economic-bulletin/focus/2019/html/ecb.ebbox201905_03~9ea9063965.en.html
    Download Restriction: no
    ---><---

    More about this item

    Keywords

    FDI; flows reversal; Multinationals; Special Purpose Entity;
    All these keywords.

    JEL classification:

    • F32 - International Economics - - International Finance - - - Current Account Adjustment; Short-term Capital Movements
    • F38 - International Economics - - International Finance - - - International Financial Policy: Financial Transactions Tax; Capital Controls

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:ecb:ecbbox:2019:0009:3. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Official Publications (email available below). General contact details of provider: https://edirc.repec.org/data/emieude.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.