Foreign direct investment (FDI) from Multinational Enterprises (MNEs) can generate positive externalities to host countries, increasing domestic firms' productivity. Recently, the attention of researchers has moved from the analysis of ''horizontal'' spillovers – i.e. those benefits to local...

This article evaluates the determinants of FDI location in Italy. The focus of this pilot investigation is on the specific characteristics of municipalities located in the Emilia Romagna region over the period 2002-2007. A negative binomial estimation model is employed. It is found that the...

Historically, FDIs have long been considered as an alternative means for firms to internationalize. According to this line of thought, a substitution relationship between exports and FDIs would be expected. However, recent developments in new trade theory, emphasize that exports and FDIs can be...

According to the main economic literature, foreign direct investment (FDI) from Multinational Enterprises (MNEs) can generate positive externalities to host countries, increasing the domestic firms productivity. Recently, the attention of researchers has moved from the analysis of ''horizontal''...