We develop a simple information-based model of FDI flows. On the one hand, the relative abundance of intangible" capital in specialized industries in the source countries, which presumably generates expertise in screening investment projects in the host countries, enhances FDI flows. On the...

This paper is concerned with employment growth at sectoral and local level in Italy. With respect to previous literature, we introduce across regions spatial spillovers and an explicit econometric dynamic set-up to analyse the behaviour of the model through time. We find that a province's...