Foreign Direct Investment in the tourism sector: the case of France

Detalhes bibliográficos
Autor(a) principal: Cró, Susana
Data de Publicação: 2020
Outros Autores: Martins, António Miguel
Tipo de documento: Artigo
Idioma: eng
Título da fonte: Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos)
Texto Completo: http://hdl.handle.net/10451/43670
Resumo: This study investigates the determinants of inward Foreign Direct Investment (FDI) stock in the French hospitality industry. A panel gravity model is applied to bilateral inward FDI stock between France and nineteen investor countries in Hotels and the Restaurant industry over 2000–2017. Results show that bilateral inward FDI stocks between France and investor countries are positively affected by their income and are inversely proportional to the distance between them. It is also found that differentials between France and the investing countries in terms of taxes, labour costs, abundance of skilled labour, supply of public goods and total FDI stock also play a significant role in understanding the foreign location decisions. Finally, the results show that France is particularly successful in attracting FDI in the hospitality industry from French-speaking countries with a common border and cultural proximity to France.
id RCAP_9edb121189082469b52f33b9fbc2aabf
oai_identifier_str oai:repositorio.ul.pt:10451/43670
network_acronym_str RCAP
network_name_str Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos)
repository_id_str 7160
spelling Foreign Direct Investment in the tourism sector: the case of FranceForeign direct investmentGravity modelHospitality industryPanel data regression modelThis study investigates the determinants of inward Foreign Direct Investment (FDI) stock in the French hospitality industry. A panel gravity model is applied to bilateral inward FDI stock between France and nineteen investor countries in Hotels and the Restaurant industry over 2000–2017. Results show that bilateral inward FDI stocks between France and investor countries are positively affected by their income and are inversely proportional to the distance between them. It is also found that differentials between France and the investing countries in terms of taxes, labour costs, abundance of skilled labour, supply of public goods and total FDI stock also play a significant role in understanding the foreign location decisions. Finally, the results show that France is particularly successful in attracting FDI in the hospitality industry from French-speaking countries with a common border and cultural proximity to France.ElsevierRepositório da Universidade de LisboaCró, SusanaMartins, António Miguel2020-05-22T15:32:51Z20202020-01-01T00:00:00Zinfo:eu-repo/semantics/publishedVersioninfo:eu-repo/semantics/articleapplication/pdfhttp://hdl.handle.net/10451/43670engCró, S., & Martins, A. M. (2020). Foreign Direct Investment in the tourism sector: The case of France. Tourism management Perspectives, 33, 100614. https://doi.org/10.1016/j.tmp.2019.1006142211-973610.1016/j.tmp.2019.100614metadata 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:RCAAP2023-11-08T16:44:16Zoai:repositorio.ul.pt:10451/43670Portal AgregadorONGhttps://www.rcaap.pt/oai/openaireopendoar:71602024-03-19T21:56:25.815794Repositório 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 in the tourism sector: the case of France
title Foreign Direct Investment in the tourism sector: the case of France
spellingShingle Foreign Direct Investment in the tourism sector: the case of France
Cró, Susana
Foreign direct investment
Gravity model
Hospitality industry
Panel data regression model
title_short Foreign Direct Investment in the tourism sector: the case of France
title_full Foreign Direct Investment in the tourism sector: the case of France
title_fullStr Foreign Direct Investment in the tourism sector: the case of France
title_full_unstemmed Foreign Direct Investment in the tourism sector: the case of France
title_sort Foreign Direct Investment in the tourism sector: the case of France
author Cró, Susana
author_facet Cró, Susana
Martins, António Miguel
author_role author
author2 Martins, António Miguel
author2_role author
dc.contributor.none.fl_str_mv Repositório da Universidade de Lisboa
dc.contributor.author.fl_str_mv Cró, Susana
Martins, António Miguel
dc.subject.por.fl_str_mv Foreign direct investment
Gravity model
Hospitality industry
Panel data regression model
topic Foreign direct investment
Gravity model
Hospitality industry
Panel data regression model
description This study investigates the determinants of inward Foreign Direct Investment (FDI) stock in the French hospitality industry. A panel gravity model is applied to bilateral inward FDI stock between France and nineteen investor countries in Hotels and the Restaurant industry over 2000–2017. Results show that bilateral inward FDI stocks between France and investor countries are positively affected by their income and are inversely proportional to the distance between them. It is also found that differentials between France and the investing countries in terms of taxes, labour costs, abundance of skilled labour, supply of public goods and total FDI stock also play a significant role in understanding the foreign location decisions. Finally, the results show that France is particularly successful in attracting FDI in the hospitality industry from French-speaking countries with a common border and cultural proximity to France.
publishDate 2020
dc.date.none.fl_str_mv 2020-05-22T15:32:51Z
2020
2020-01-01T00:00:00Z
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/10451/43670
url http://hdl.handle.net/10451/43670
dc.language.iso.fl_str_mv eng
language eng
dc.relation.none.fl_str_mv Cró, S., & Martins, A. M. (2020). Foreign Direct Investment in the tourism sector: The case of France. Tourism management Perspectives, 33, 100614. https://doi.org/10.1016/j.tmp.2019.100614
2211-9736
10.1016/j.tmp.2019.100614
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 Elsevier
publisher.none.fl_str_mv Elsevier
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
_version_ 1799134506970513408

Registros relacionados