In recent years the EU has intensified economic and institutional integration with its neighbouring countries, though with different intensity. Some countries have become EU members, some are candidate for membership and some others are part of the European Neighbouring Policy. In this scenario...

This paper investigates how the location behaviour of Multinational Enterprises (MNEs) is shaped by the economic institutions of the host countries. The analysis covers a wide set of geographically proximate economies with different degrees of integration with the 'Old' 15 European Union (EU)...