FDI and domestic investments in Germany: crowding in or out?

Discussion paper


Onaran, O., Stockhammer, E. and Zwickl, K. 2010. FDI and domestic investments in Germany: crowding in or out? London Middlesex University.
TypeDiscussion paper
TitleFDI and domestic investments in Germany: crowding in or out?
AuthorsOnaran, O., Stockhammer, E. and Zwickl, K.
Abstract

This paper estimates the effects of outward FDI on domestic business investment in Germany at the industry level for a panel of 19 industry and 10 services sectors in Germany. We pay particular attention to the different motivations behind FDI, and distinguishbetween FDI to high versus low wage countries, to Europe versus the rest of the world, and FDI in services and industry sectors.We find thatin industry FDI to low-wage countries crowds out domestic investment, whereas FDI to high wage countries outside Europe crowds in domestic investment. In services, FDI to Western Europe crowds in domestic investment.

PublisherMiddlesex University
Place of publicationLondon
Publication dates
PrintSep 2010
Publication process dates
Deposited25 Jan 2011
Output statusPublished
Copyright Statement

Published for and by Middlesex University.

Additional information

Business school: department of economics and statistics, discussion paper, no 143.

Web address (URL)http://www.mdx.ac.uk/Assets/FDI_dom_inv_v21dpmdx.pdf
LanguageEnglish
Institution nameMiddlesex University Business School
Department nameDepartment of Economics and Statistics
File
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https://repository.mdx.ac.uk/item/83177

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