Foreign direct investment in the European Economic Area (EEA) has grown rapidly in recent years. This paper tests for structural change in the geographical and industrial pattern of FDI in Europe using a panel data set on outward investment by German companies in the EEA since 1980. There is...

Foreign direct investment (FDI) is widely thought to be an important channel for the introduction of new ideas, technologies and standards to the transition economies in Central and Eastern Europe. This paper contains a panel data analysis of the factors affecting aggregate inflows of FDI in the...

This paper explores the extent to which the scale and location of foreign direct investment by German manufacturing corporations is affected by indigenous technological developments and different forms of regional integration agreements. The authors use an annual panel data set covering...

Britain's public sector deficit in the 1990s has been much too large to allow the public sector to maintain its balance sheet position. In order to do this the current account deficit has to be reduced from its 1995/6 figure of 3_ per cent of GDP to close to zero. Government plans show this...

This paper investigates the impact of inward investment by foreign-owned companies on technical progress, and hence labour productivity, in the UK manufacturing sector. Using an industry-level panel data set we find that foreign-owned firms have a significant positive effect on the level of...

We survey different strategies in the transition process, and investigate their role in growth prospects. Openness, exchange rate regimes and approaches to trade and capital market liberalisation are examined. Their role in facilitating the diffusion of new products and processes to transition...

This paper seeks to quantify the impact of the European Internal Market programme on the sectoral and geographical pattern of foreign direct investment by UK corporations. We use an annual panel data set covering investment within seven sectors in the European Union and the US, and control for...