Foreign Direct Investment As Export Facilitator In Serbia’S Apparel Industry
The attraction of foreign direct investment, especially export oriented FDI has been one of the main economic policy goals for Serbia since the start of transition in 2001, backed by incentives for attracting this type of investment. The apparel industry is one sector that has drawn significant amount of FDI, and where the link between FDI and exports is emerging strongly, as confirmed by data presented in this article. Appearance of several multinational investors, particularly from Italy, led to positive spillovers on Serbian apparel industry in terms of specific products production and their export on foreign markets, especially “panty hose, tights, stockings & other hosiery, knitted or crocheted”. In 2012, Serbia’s exports for this product represented 1.8% of world exports, ranking Serbia 10th in the world and hence representing a rising niche export. Recent investments of big industry players like Benetton will have further positive effects on export and employment in years to come, provided that the government engages in activities to improve branding in addition to continued investment incentives and policies aimed at advancing infrastructure, education and general business climate.
Volume (Year): (2013)
Issue (Month): 5-6 (August)
|Contact details of provider:|| Postal: |
Phone: +381 11 3613-409; +381 11 2644-980
Fax: +381 11 3629-689
Web page: http://www.ses.org.rs
More information through EDIRC
References listed on IDEAS
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
- Robert E. Lipsey, 2002. "Home and Host Country Effects of FDI," NBER Working Papers 9293, National Bureau of Economic Research, Inc.
- Gabor Hunya, 2012. "Short-lived Recovery," wiiw FDI Reports 2012-05, The Vienna Institute for International Economic Studies, wiiw.
- M.M. Metwally, 2004. "Impact of EU- FDI on Economic Growth in Middle Eastern Countries," European Research Studies Journal, European Research Studies Journal, vol. 0(1-2), pages 121-132.
- Greenaway, David & Sousa, Nuno & Wakelin, Katharine, 2004. "Do domestic firms learn to export from multinationals?," European Journal of Political Economy, Elsevier, vol. 20(4), pages 1027-1043, November.
- Ali M Kutan & Goran Vukšić, 2007. "Foreign Direct Investment and Export Performance: Empirical Evidence," Comparative Economic Studies, Palgrave Macmillan, vol. 49(3), pages 430-445, September.
- Adugna Lemi, 2004. "Foreign Direct Investment, Host Country Productivity And Export: The Case Of U.S. And Japanese Multinational Affiliates," Journal of Economic Development, Chung-Ang Unviersity, Department of Economics, vol. 29(1), pages 163-187, June.
- Torfinn Harding & Beata S. Javorcik, 2011.
"Roll Out the Red Carpet and They Will Come: Investment Promotion and FDI Inflows,"
Royal Economic Society, vol. 121(557), pages 1445-1476, December.
- Torfinn Harding, Torfinn; Javorcik, Beata S., 2010. "Roll out the Red Carpet and They Will Come: Investment Promotion and FDI Inflows," CAGE Online Working Paper Series 18, Competitive Advantage in the Global Economy (CAGE).
- Ann E. Harrison & Brian J. Aitken, 1999. "Do Domestic Firms Benefit from Direct Foreign Investment? Evidence from Venezuela," American Economic Review, American Economic Association, vol. 89(3), pages 605-618, June.
When requesting a correction, please mention this item's handle: RePEc:srb:journl:y:2013:i:5-6:p:339-353. 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: (Milos Stamatovic)
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.
If references are entirely missing, you can add them using this form.
If the full references list an item that is present in RePEc, but the system did not link to it, you can help with 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 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.