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Foreign Direct Investments, Regional Incentives and Regional Attractiveness in Greece

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  • Aikaterini Kokkinou

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  • Ioannis Psycharis

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    Abstract

    The aim of this paper is to analyze the Foreign Direct Investment (FDI) activity in Greece. The paper starts with defining the main FDI terms and giving a general literature review corresponding to the FDI allocation. Then, there is a description of recent trends in FDI activity both worldwide and Greece. Especially FDI investments in Greece are analyzed presenting the magnitudes of inflows, outflows, inward stock, outward stock, as well as foreign mergers and acquisitions, in terms of sales and purchases. The second part of the paper describes the regional and sectoral allocation of FDI in Greece, emphasizing whether the investment incentive scheme contributes to the attraction of FDI in specific regions, or the growth rate of each region is the main motive for locating foreign investment capital. The analysis is based on the most recent statistical data covering magnitudes until 2002.

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    Bibliographic Info

    Paper provided by European Regional Science Association in its series ERSA conference papers with number ersa04p559.

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    Date of creation: Aug 2004
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    Handle: RePEc:wiw:wiwrsa:ersa04p559

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    Cited by:
    1. Vittorio, Daniele & Ugo, Marani, 2008. "Organized Crime and Foreign Direct Investment: the Italian Case," MPRA Paper 7217, University Library of Munich, Germany.
    2. Vassilis Monastiriotis & Jacob A. Jordaan, 2011. "Regional Distribution and Spatial Impact of FDI in Greece: evidence from firm-level data," GreeSE – Hellenic Observatory Papers on Greece and Southeast Europe 44, Hellenic Observatory, LSE.
    3. Bitzenis, Aristidis & Tsitouras, Antonis & Vlachos, Vasileios A., 2009. "Decisive FDI obstacles as an explanatory reason for limited FDI inflows in an EMU member state: The case of Greece," Journal of Behavioral and Experimental Economics (formerly The Journal of Socio-Economics), Elsevier, vol. 38(4), pages 691-704, August.

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