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| 001 | pwiiw7343 | ||
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| 005 | 20260406120009.0 | ||
| 008 | 250617t2025 au ||||| |||| 00| ||eng d | ||
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| 041 | _aeng | ||
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_aF23 _aO24 _aO34 _aR58 _2jelc |
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| 100 | 1 | _aCastelli, Chiara | |
| 245 | 1 | 0 | _aDrivers of FDI in the EU: Regulatory distance and revealed technological advantage |
| 260 |
_aWien : _bWiener Institut für Internationale Wirtschaftsvergleiche (wiiw), _c2025. |
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_a45 S., _b10 Tables and 6 Figures, _c30cm. |
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| 490 | 1 |
_awiiw Working Papers _v264 |
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| 520 | _aThis study examines the interplay between trade policy, in particular non-tariff measures (NTMs), and revealed technological comparative advantage (RTA) at the NUTS 2 level as drivers of foreign direct investment (FDI) over time. Combining data from the Orbis database (Bureau Van Dijk), the NTMs database (WTO I-TIP) and the European Patent Office (EPO PATStat), we construct a comprehensive panel database of European firms owned by foreign-owned EU and non-EU firms. This database includes financial information for both parent companies and their subsidiaries as well as detailed country- and sector-specific trade barriers from the perspective of both the home and host economies. Furthermore, this database allows us to compute tailored RTA variables reflecting firm-specific technological interests proxied by firms’ patent production across technology classes. Using a Poisson pseudo-maximum likelihood (PPML) estimator, our analysis reveals a heterogeneous impact of NTMs and RTAs on FDI investment in the EU regions. Specifically, while increasing the regulatory distance (RD) of technical barriers to trade (TBTs) and sanitary-and-phytosanitary-standard (SPS) measures hampers FDI investment from extra-EU companies, the results on tariffs support the regulatory jumping motive. Furthermore, local technological capabilities significantly support FDI, especially when RTAs reflect the technological interests of the foreign-owned subsidiary, while the effect is reversed when accounting for the innovation portfolio of the parent company. | ||
| 650 | _aFDI | ||
| 650 | _atariff and non-tariff measures | ||
| 650 | _arevealed technological advantage | ||
| 651 | _aEuropean Union | ||
| 690 | _aInternational Trade, Competitiveness and FDI | ||
| 700 | 1 | _aDavies, Ronald B. | |
| 700 | 1 | _aFlórez Mendoza, Javier | |
| 700 | 1 | _aGhodsi, Mahdi | |
| 830 | 0 |
_v264 _w7703 _twiiw Working Papers |
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| 856 | 4 | 0 | _uhttps://wiiw.ac.at/p-7343.html |
| 942 | _cP | ||
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_c9138 _d9138 |
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