US outward foreign direct investment in the European Union and the implementation of the single market: empirical evidence from a cohesive framework

Filippaios, Fragkiskos and Papanastassiou, Marina (2008) US outward foreign direct investment in the European Union and the implementation of the single market: empirical evidence from a cohesive framework. Journal of Common Market Studies, 46 (5). pp. 969-1000. ISSN 0021-9886

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Abstract

In this article we investigate the determinants of US outward Foreign Direct Investment (FDI) in the European Union for the period 1982–2002. The data set allowed us to discern differences in the pattern of US FDI between EU core and EU periphery countries, as well as over different time periods during the last two decades. The results indicate that the US FDI pattern varies among different groups of countries and that there was a restructuring in multinational firms' investment activity after the implementation of the single market plan. Agglomeration factors, market size, qualified and productive labour and cost efficiency of local production seem to dominate in the location choice of US investors.

Item Type: Article
Research Areas: A. > Business School > International Management and Innovation > International Business group
A. > Business School > International Management and Innovation
Item ID: 10886
Useful Links:
Depositing User: Marina Papanastasiou
Date Deposited: 26 Jun 2013 11:19
Last Modified: 13 Oct 2016 14:27
URI: https://eprints.mdx.ac.uk/id/eprint/10886

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