17-08-16 Economic Integration, Border Costs and FDI Location Evidence (Int Rev Econ Fin).pdf (598.78 kB)
Economic integration, border costs and FDI location: evidence from the fifth European enlargement
journal contribution
posted on 2023-06-09, 07:43 authored by Jonathan Jones, Ilona Serwicka, Colin WrenLittle is known about the effect of border costs on FDI location. This paper explores this for the fifth European Union (EU) enlargement that integrated the ten Central and Eastern European countries (CEECs). It regresses count data for 35,105 FDI projects locating in 25 European countries over the period 1997–2010. Four EU accession events are examined for the more- and less-liberalized CEECs. It finds that the lower border costs doubled FDI in the CEECs at EU membership, of which 60% is diverted from the ‘old’ Europe. This membership effect is threetimes greater for the more-liberalized countries, for which earlier accession events are unimportant.
History
Publication status
- Published
File Version
- Accepted version
Journal
International Review of Economics & FinanceISSN
1059-0560Publisher
ElsevierExternal DOI
Volume
54Page range
193-205Department affiliated with
- Economics Publications
Full text available
- Yes
Peer reviewed?
- Yes
Legacy Posted Date
2018-03-26First Open Access (FOA) Date
2019-08-19First Compliant Deposit (FCD) Date
2018-04-06Usage metrics
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