Foreign direct investment and firm performance: an empirical analysis of Italian firms

• Published in: Review of world economics Vol. 152; no. 4; pp. 705 - 732
• Main Authors: Borin, Alessandro, Mancini, Michele
• Format: Journal Article
• Language: English
• Published: Berlin/Heidelberg Springer 01.11.2016; Springer Berlin Heidelberg; Springer Nature B.V
• Subjects: Business metrics; Comparative advantage; Competition; Competitive advantage; Domestic markets; Economic Policy; Economic theory; Economics; Economics and Finance; Employment; European Integration; Exporters; Exports; Foreign investment; Global economy; Globalization; Indexes; International Economics; International trade; Macroeconomics/Monetary Economics//Financial Economics; Manufacturing; Multinational corporations; Original Paper; Productivity; Statistical analysis; Italy; Productivity; Foreign direct investment; F23; Multinational firms; C25; D24

Both empirical and theoretical literature show that multinational firms exhibit a competitive advantage before investing abroad. However, there are no clear empirical results regarding the ex post effects of foreign direct investment (FDI) on firm performance, partially due to the inadequacy of avai...