IDEAS home Printed from https://ideas.repec.org/a/bxr/bxrceb/y2003v46i4p65-89.html
   My bibliography  Save this article

Mobilité du capital, polarisation des activités et union européenne

Author

Listed:
  • Sébastien Dupuch
  • Jacques Mazier

Abstract

With the implementation of the European currency, adjustment mechanisms within the EU (European Union) deeply change. This article focuses on capital mobility, highlighted through foreign direct investment (FDI). The determinants of intra-European FDI and their impact on country specialisation are successively considered, discerning counterbalancing and agglomeration factors. We show that such as geographic proximity, trade links and market potential contributed to FDI concentration in core countries while FDI facilitate industrial diversification in host countries. As economic integration progress, Europe moves from a product-based industrial specialisation to a more vertical specialisation based on quality differences and technological levels. The more advanced countries get more and more specialised in high-quality and technology intensive goods while peripheral countries remain dependent from low-tech and low quality products. In the same time, spatial concentration of labour-intensive industries has increased.

Suggested Citation

  • Sébastien Dupuch & Jacques Mazier, 2003. "Mobilité du capital, polarisation des activités et union européenne," Brussels Economic Review, ULB -- Universite Libre de Bruxelles, vol. 46(4), pages 65-90.
  • Handle: RePEc:bxr:bxrceb:y:2003:v:46:i:4:p:65-89
    as

    Download full text from publisher

    File URL: https://dipot.ulb.ac.be/dspace/bitstream/2013/11887/1/ber-0265.pdf
    File Function: ber-0265
    Download Restriction: info:eu-repo/semantics/openAccess

    As the access to this document is restricted, you may want to search for a different version of it.

    More about this item

    Keywords

    FDI; polarisation; specialisation; IDE; polarisation; spécialisation;

    JEL classification:

    • F15 - International Economics - - Trade - - - Economic Integration
    • F21 - International Economics - - International Factor Movements and International Business - - - International Investment; Long-Term Capital Movements
    • R30 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - Real Estate Markets, Spatial Production Analysis, and Firm Location - - - General

    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:bxr:bxrceb:y:2003:v:46:i:4:p:65-89. See general information about how to correct material in RePEc.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Benoit Pauwels). General contact details of provider: http://edirc.repec.org/data/dulbebe.html .

    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 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.

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

    IDEAS is a RePEc service hosted by the Research Division of the Federal Reserve Bank of St. Louis . RePEc uses bibliographic data supplied by the respective publishers.