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Outward FDI Spillovers from Inward FDI: Evidence from Italian Firms

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  • Imbruno, Michele
  • Kneller, Richard
  • Pittiglio, Rosanna
  • Reganati, Filippo

Abstract

Using data from Italian firms during the period 2008–2012, this study empirically explores how the presence of foreign-owned firms can affect the domestic firm's probability to invest abroad (i.e., Outward FDI spillovers from Inward FDI). The findings revealed positive spillovers via horizontal linkages and negative spillovers via forward and backward linkages. However, both the origin of IFDI and destination of OFDI play an important role.

Suggested Citation

  • Imbruno, Michele & Kneller, Richard & Pittiglio, Rosanna & Reganati, Filippo, 2022. "Outward FDI Spillovers from Inward FDI: Evidence from Italian Firms," Structural Change and Economic Dynamics, Elsevier, vol. 61(C), pages 434-443.
    • Handle: RePEc:eee:streco:v:61:y:2022:i:c:p:434-443
    DOI: 10.1016/j.strueco.2022.02.016
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    Cited by:

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    2. Bingqiang Li & Xi Li & Jinzhi Li & Hongchun Lin & Baojuan Rui, 2023. "Empirical Analysis of Export Tax Rebate on Inwards Foreign Direct Investment in China," SAGE Open, , vol. 13(4), pages 21582440231, December.
    3. Ma, Guangcheng & Cao, Jianhua & Famanta, Mahamane, 2023. "Does the coordinated development of two-way FDI increase the green energy efficiency of Chinese cities? Evidence from Chinese listed companies," Structural Change and Economic Dynamics, Elsevier, vol. 65(C), pages 59-77.

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    More about this item

    Keywords

    Multinationals; Foreign direct investment; Firms; Spillovers; Italy;
    All these keywords.

    JEL classification:

    • F23 - International Economics - - International Factor Movements and International Business - - - Multinational Firms; International Business
    • F61 - International Economics - - Economic Impacts of Globalization - - - Microeconomic Impacts

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