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Foreign direct investment and regional growth: An analysis of the Spanish case

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Author Info
Oscar Bajo-Rubio (Universidad de Castilla-La Mancha and Instituto de Estudios Fiscales)
Carmen Díaz-Mora (Universidad de Castilla-La Mancha)
Carmen Díaz-Roldán (Universidad de Castilla-La Mancha)

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Abstract

The massive increase in foreign direct investment (FDI) inflows following the Spanish integration with the now European Union (EU) in 1986, has been one of the most important features shaping the behaviour of the Spanish economy in the last twenty years. In this paper we will try to assess the impact of FDI on regional economic growth following Spain’s entry into the EU, using data for the 17 Spanish regions. The results support the important role played by FDI in promoting productivity growth, for those regions that received higher FDI inflows over the period analyzed.

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Publisher Info
Paper provided by Spanish Chapter of the International Economics and Finance Society in its series Working Papers with number 07-08.

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Length: 21 pages
Date of creation: Dec 2007
Date of revision:
Handle: RePEc:aee:wpaper:0708

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Related research
Keywords: Economic growth; Foreign direct investment; Regions;

Find related papers by JEL classification:
F21 - International Economics - - International Factor Movements and International Business - - - International Investment; Long-Term Capital Movements
O40 - Economic Development, Technological Change, and Growth - - Economic Growth and Aggregate Productivity - - - General
R58 - Urban, Rural, and Regional Economics - - Regional Government Analysis - - - Regional Development Policy

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