Foreign direct investment and institutional reform : evidence and an application to Portugal

Detalhes bibliográficos
Autor(a) principal: Júlio, Paulo
Data de Publicação: 2013
Outros Autores: Pinheiro–Alves, Ricardo, Tavares, José
Tipo de documento: Artigo
Idioma: eng
Título da fonte: Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos)
Texto Completo: http://hdl.handle.net/10400.5/15707
Resumo: We examine the role of geographic, economic, and institutional factors in attracting Foreign Direct Investment (FDI) in Europe, using a cross-section of inward bilateral investments. We estimate and assess the expected benefits, the required reform efforts, and the efficiency of reform options corresponding to a con- vergence of Portuguese institutions to EU standards. We conclude that improving home institutions is likely to have a quantitatively very significant role in attracting FDI. Geographical and market size factors also play a role. Reforms promoting the independence of financial institutions and a leaner bureaucracy, lowering political risk and corruption, and improving the investment code may significantly affect the amount of bilateral inward FDI that is targeted to Portugal.
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spelling Foreign direct investment and institutional reform : evidence and an application to PortugalForeign direct investmentInstitutionsInstitutional reformPortugalEuropean unionWe examine the role of geographic, economic, and institutional factors in attracting Foreign Direct Investment (FDI) in Europe, using a cross-section of inward bilateral investments. We estimate and assess the expected benefits, the required reform efforts, and the efficiency of reform options corresponding to a con- vergence of Portuguese institutions to EU standards. We conclude that improving home institutions is likely to have a quantitatively very significant role in attracting FDI. Geographical and market size factors also play a role. Reforms promoting the independence of financial institutions and a leaner bureaucracy, lowering political risk and corruption, and improving the investment code may significantly affect the amount of bilateral inward FDI that is targeted to Portugal.Springer VerlagRepositório da Universidade de LisboaJúlio, PauloPinheiro–Alves, RicardoTavares, José2018-06-25T10:39:29Z2013-122013-12-01T00:00:00Zinfo:eu-repo/semantics/publishedVersioninfo:eu-repo/semantics/articleapplication/pdfhttp://hdl.handle.net/10400.5/15707engJúlio, Paulo, Ricardo Pinheiro–Alves e José Tavares (2013). "Foreign direct investment and institutional reform : evidence and an application to Portugal". Portuguese Economic Journal, 12(3):215-2501617-982X (print)10.1007/s10258-013-0093-zmetadata only accessinfo:eu-repo/semantics/openAccessreponame:Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos)instname:Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informaçãoinstacron:RCAAP2023-05-07T01:30:46Zoai:www.repository.utl.pt:10400.5/15707Portal AgregadorONGhttps://www.rcaap.pt/oai/openaireopendoar:71602024-03-19T17:01:18.816752Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos) - Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informaçãofalse
dc.title.none.fl_str_mv Foreign direct investment and institutional reform : evidence and an application to Portugal
title Foreign direct investment and institutional reform : evidence and an application to Portugal
spellingShingle Foreign direct investment and institutional reform : evidence and an application to Portugal
Júlio, Paulo
Foreign direct investment
Institutions
Institutional reform
Portugal
European union
title_short Foreign direct investment and institutional reform : evidence and an application to Portugal
title_full Foreign direct investment and institutional reform : evidence and an application to Portugal
title_fullStr Foreign direct investment and institutional reform : evidence and an application to Portugal
title_full_unstemmed Foreign direct investment and institutional reform : evidence and an application to Portugal
title_sort Foreign direct investment and institutional reform : evidence and an application to Portugal
author Júlio, Paulo
author_facet Júlio, Paulo
Pinheiro–Alves, Ricardo
Tavares, José
author_role author
author2 Pinheiro–Alves, Ricardo
Tavares, José
author2_role author
author
dc.contributor.none.fl_str_mv Repositório da Universidade de Lisboa
dc.contributor.author.fl_str_mv Júlio, Paulo
Pinheiro–Alves, Ricardo
Tavares, José
dc.subject.por.fl_str_mv Foreign direct investment
Institutions
Institutional reform
Portugal
European union
topic Foreign direct investment
Institutions
Institutional reform
Portugal
European union
description We examine the role of geographic, economic, and institutional factors in attracting Foreign Direct Investment (FDI) in Europe, using a cross-section of inward bilateral investments. We estimate and assess the expected benefits, the required reform efforts, and the efficiency of reform options corresponding to a con- vergence of Portuguese institutions to EU standards. We conclude that improving home institutions is likely to have a quantitatively very significant role in attracting FDI. Geographical and market size factors also play a role. Reforms promoting the independence of financial institutions and a leaner bureaucracy, lowering political risk and corruption, and improving the investment code may significantly affect the amount of bilateral inward FDI that is targeted to Portugal.
publishDate 2013
dc.date.none.fl_str_mv 2013-12
2013-12-01T00:00:00Z
2018-06-25T10:39:29Z
dc.type.status.fl_str_mv info:eu-repo/semantics/publishedVersion
dc.type.driver.fl_str_mv info:eu-repo/semantics/article
format article
status_str publishedVersion
dc.identifier.uri.fl_str_mv http://hdl.handle.net/10400.5/15707
url http://hdl.handle.net/10400.5/15707
dc.language.iso.fl_str_mv eng
language eng
dc.relation.none.fl_str_mv Júlio, Paulo, Ricardo Pinheiro–Alves e José Tavares (2013). "Foreign direct investment and institutional reform : evidence and an application to Portugal". Portuguese Economic Journal, 12(3):215-250
1617-982X (print)
10.1007/s10258-013-0093-z
dc.rights.driver.fl_str_mv metadata only access
info:eu-repo/semantics/openAccess
rights_invalid_str_mv metadata only access
eu_rights_str_mv openAccess
dc.format.none.fl_str_mv application/pdf
dc.publisher.none.fl_str_mv Springer Verlag
publisher.none.fl_str_mv Springer Verlag
dc.source.none.fl_str_mv reponame:Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos)
instname:Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informação
instacron:RCAAP
instname_str Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informação
instacron_str RCAAP
institution RCAAP
reponame_str Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos)
collection Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos)
repository.name.fl_str_mv Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos) - Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informação
repository.mail.fl_str_mv
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