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Regional headquarters and foreign direct investment

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Regional headquarters and foreign direct investment

dc.contributor.author	Gil Pareja, Salvador
dc.contributor.author	Llorca Vivero, Rafael
dc.contributor.author	Paniagua Soriano, Jordi
dc.date.accessioned	2023-03-24T08:03:44Z
dc.date.available	2023-03-25T05:45:05Z
dc.date.issued	2022	es_ES
dc.identifier.citation	Gil-Pareja, S., Llorca-Vivero, R., & Paniagua, J. (2022). Regional headquarters and foreign direct investment. Rev Int Econ, 30( 4), 1288– 1310.	es_ES
dc.identifier.uri	https://hdl.handle.net/10550/85907
dc.description.abstract	Headquarters (HQs) provide a wide range of services, playing a fundamental role in Foreign Direct Investment (FDI). We use the structural gravity equation to investigate the effect of regional HQs on three dimensions of FDI (number of foreign projects, capital investment, and jobs) at the country-pair-sector level. Furthermore, we explore two underlying mechanisms that help explain this relationship: financial constraints and informational costs and uncertainty. We find a positive effect of regional HQs on FDI, as well as intercountry and intersector spillovers. Our results are robust, accounting for HQ intensity, domestic investment, and endogeneity tests.	es_ES
dc.language.iso	en	es_ES
dc.publisher	Wiley	es_ES
dc.subject	credit constraints	es_ES
dc.subject	FDI	es_ES
dc.subject	headquarters	es_ES
dc.subject	intangible capital	es_ES
dc.subject	spillovers	es_ES
dc.subject	structural gravity	es_ES
dc.title	Regional headquarters and foreign direct investment	es_ES
dc.type	journal article	es_ES
dc.subject.unesco	UNESCO::CIENCIAS ECONÓMICAS	es_ES
dc.identifier.doi	10.1111/roie.12605	es_ES
dc.accrualmethod	S	es_ES
dc.embargo.terms	0 days	es_ES