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dc.titleHow Effective is Investment Promotion?: Firm-Level Evidence
dc.contributor.authorVolpe Martincus, Christian
dc.contributor.authorCarballo, Jerónimo
dc.contributor.authorMarra de Artiñano, Ignacio
dc.contributor.authorBlyde, Juan S.
dc.contributor.orgunitProductivity, Trade and Innovation Sector
dc.coverageUruguay
dc.coverageCosta Rica
dc.date.available2020-01-28T18:30:00
dc.date.issue2020-01-28T00:00:00
dc.description.abstractIn this paper we present evidence on the impact of investment promotion activities on multinational firms location decisions using -for the first time to our knowledge- firmlevel data. In particular, we carry difference-in-differences estimations on data on the establishment and location of affiliates of multinational firms and assistance to these firms by the national investment promotion agency in Costa Rica and Uruguay over the period 2000-2016. Estimation results suggest that investment promotion has been effective in attracting affiliates of multinational firms. Further, this effect is stronger on firms headquartered in developed home countries.
dc.format.extent27
dc.identifier.doihttp://dx.doi.org/10.18235/0002165
dc.identifier.urlhttps://publications.iadb.org/publications/english/document/How_Effective_is_Investment_Promotion_Firm-Level_Evidence_en.pdf
dc.language.isoen
dc.mediumAdobe PDF
dc.publisherInter-American Development Bank
dc.subjectInvestment
dc.subjectInvestment Policy
dc.subjectInvestment Attraction Policy
dc.subjectInvestment Promotion Policy
dc.subjectInvestment Promotion Agency
dc.subject.jelcodeF14 - Empirical Studies of Trade
dc.subject.jelcodeF23 - Multinational Firms • International Business
dc.subject.jelcodeF13 - Trade Policy • International Trade Organizations
dc.subject.keywordsInformation Barriers; Investment Promotion; Multinational Firms
dc.typeDiscussion Papers
idb.identifier.pubnumberIDB-DP-00741
idb.operationRG-E1484
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