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Outward FDI and home-country performance: Evidence from Italian manufacturing and service firms
The 6th International Scientific Conference "Business and Management 2010". Selected papers
How does outward foreign direct investment (FDI) affect employment and productivity growth in the home country? Does the impact of outward investment differ among manufacturing and service sectors? In this paper, we analyze the effects of investing abroad using firm-level data for Italy in the period 2003-2006. We adopt matching techniques in combination with a difference-in-difference estimator in order to investigate the causal effect on domestic employment and productivity of becomingdoi:10.3846/bm.2010.011 fatcat:x25vxj3r7fh7vghfvwiemqgqze