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  <title>EconStor Collection:</title>
  <link rel="alternate" href="https://hdl.handle.net/10419/203861" />
  <subtitle />
  <id>https://hdl.handle.net/10419/203861</id>
  <updated>2026-04-28T11:25:34Z</updated>
  <dc:date>2026-04-28T11:25:34Z</dc:date>
  <entry>
    <title>How does FDI transmit into domestic investment? Exploring intra-industry and financial channels</title>
    <link rel="alternate" href="https://hdl.handle.net/10419/318433" />
    <author>
      <name>de Leeuw, Tim</name>
    </author>
    <author>
      <name>Wacker, Konstantin</name>
    </author>
    <id>https://hdl.handle.net/10419/318433</id>
    <updated>2025-06-03T06:59:45Z</updated>
    <published>2025-01-01T00:00:00Z</published>
    <summary type="text">Title: How does FDI transmit into domestic investment? Exploring intra-industry and financial channels
Authors: de Leeuw, Tim; Wacker, Konstantin
Abstract: Foreign direct investment (FDI) is often seen as a means to boost domestic investment and, hence, capital accumulation. Yet, the empirical support for such a positive investment effect of FDI is inconclusive. A possible reason is that FDI is often directed towards the financial sector, where capital investment tends to be low. In this paper, we first explore the within-industry relationship between FDI and domestic investment. We then use a novel approach to analyse how FDI into the financial sector transmits into domestic investment by non-financial industries. Using industry-level FDI and investment data from 12 Central and Eastern European countries between 1997 and 2019, we find that about a quarter of FDI into an industry results in domestic investment. Additionally, we document that industries with close links to the financial sector increase domestic investment in the presence of financial FDI, particularly manufacturing, trade and real estate.</summary>
    <dc:date>2025-01-01T00:00:00Z</dc:date>
  </entry>
  <entry>
    <title>Migration vs. automation as an answer to labour shortages: Firm-level analysis for Austria</title>
    <link rel="alternate" href="https://hdl.handle.net/10419/318444" />
    <author>
      <name>Tverdostup, Maryna</name>
    </author>
    <author>
      <name>Ghodsi, Mahdi</name>
    </author>
    <author>
      <name>Leitner, Sandra M.</name>
    </author>
    <id>https://hdl.handle.net/10419/318444</id>
    <updated>2025-06-03T06:59:36Z</updated>
    <published>2025-01-01T00:00:00Z</published>
    <summary type="text">Title: Migration vs. automation as an answer to labour shortages: Firm-level analysis for Austria
Authors: Tverdostup, Maryna; Ghodsi, Mahdi; Leitner, Sandra M.
Abstract: Labour shortages in Europe have led firms to adopt two key strategies: automation and the employment of migrants. This study empirically examines the relationship between robot adoption and immigrant labour (differentiated by region of origin and education level) in Austrian firms using a novel dataset linking firm-level survey data on robotics adoption from Austria's Information and Communication Technologies (IKTU1 ) surveys (waves 2018, 2020 and 2022) with registry-based employment records. Employing Poisson pseudo-maximum likelihood (PPML) estimations, we analyse firm-level employment decisions while controlling for firm characteristics, industry and region. Our findings show that firms adopting robots tend to employ more workers overall, particularly those with low and medium education levels. Notably, robot-adopting firms employ a higher share of low-educated migrants who are not from the European Economic Area (EEA), suggesting complementarity rather than substitution. However, automation appears to reduce the employment of highly educated migrant workers relative to natives. Distinguishing between industrial and service robots, we find that service robots have a stronger association with employment growth than industrial robots. The impact of robot adoption also differs by sector and is most pronounced in manufacturing, whereas its effects vary in the private service sectors. Our findings suggest that while automation can alleviate labour shortages, it may reinforce labour market segmentation. For EU policy makers, targeted interventions are needed to support the transition of migrant workers into higher-skilled occupations and to ensure that the benefits of automation are equitably distributed. Given the EU-wide relevance of automation and migration dynamics, these results provide insights that are also applicable beyond Austria.</summary>
    <dc:date>2025-01-01T00:00:00Z</dc:date>
  </entry>
  <entry>
    <title>Machinery production networks that bridge East Asia and Europe: A case against "near-shoring" in the post-COVID-19 era</title>
    <link rel="alternate" href="https://hdl.handle.net/10419/312921" />
    <author>
      <name>Ando, Mitsuyo</name>
    </author>
    <author>
      <name>Hayakawa, Kazunobu</name>
    </author>
    <author>
      <name>Kimura, Fukunari</name>
    </author>
    <id>https://hdl.handle.net/10419/312921</id>
    <updated>2025-04-25T14:26:24Z</updated>
    <published>2025-01-01T00:00:00Z</published>
    <summary type="text">Title: Machinery production networks that bridge East Asia and Europe: A case against "near-shoring" in the post-COVID-19 era
Authors: Ando, Mitsuyo; Hayakawa, Kazunobu; Kimura, Fukunari
Abstract: This study examines recent changes in international production networks facing various risks. We primarily investigate how import sources of the European Union (EU) countries in machinery industries have changed from the pre-pandemic to the post-pandemic period using monthly and annual international trade data at the finely disaggregated level, with a particular focus on East Asia. We confirm that Factory Asia experienced a much smaller negative impact and had a more rapid recovery from the COVID-19 pandemic compared with Factory America and Factory Europe, showing its robust and resilient nature. At least until 2023, the inter-regional linkages of East Asia as a supplier did not weaken. Moreover, we reveal that the two directions of links between East Asia and the EU are asymmetric. East Asian countries are important suppliers for the EU, particularly in general and electrical machinery industries, and the relative importance of the Association of Southeast Asian Nations (ASEAN) and China, in particular, as EU import sources strengthened further in the post-pandemic period. We also demonstrate that EU countries increased imports from longer-distance countries, indicating no quantitative evidence of intensifying near-shoring in machinery industries in the postCOVID-19 era. Furthermore, we demonstrate that EU countries have prioritised friend-shoring from an economic perspective but not necessarily from a political perspective when purchasing machinery products in the post-pandemic period.</summary>
    <dc:date>2025-01-01T00:00:00Z</dc:date>
  </entry>
  <entry>
    <title>FDI and innovation dynamics: The role of foreign corporate groups and technological pathways in domestic green innovation</title>
    <link rel="alternate" href="https://hdl.handle.net/10419/324232" />
    <author>
      <name>Micocci, Francesca</name>
    </author>
    <author>
      <name>Ghodsi, Mahdi</name>
    </author>
    <author>
      <name>Rungi, Armando</name>
    </author>
    <id>https://hdl.handle.net/10419/324232</id>
    <updated>2025-08-23T06:05:16Z</updated>
    <published>2025-01-01T00:00:00Z</published>
    <summary type="text">Title: FDI and innovation dynamics: The role of foreign corporate groups and technological pathways in domestic green innovation
Authors: Micocci, Francesca; Ghodsi, Mahdi; Rungi, Armando
Abstract: This paper investigates how the presence of foreign direct investment (FDI) contributes to domestic innovation with a focus on green technologies in the European regions between 2013 and 2018. Using a rich dataset combining patent data, firm-level data and FDI proxies, we identify a clear pattern: when foreign investors are technologically sophisticated, domestic firms in the regions where they invested show a higher propensity for patenting. The patenting activity by the parent companies of multinational enterprises (MNEs) and their corporate perimeter plays a more crucial role than local foreign subsidiaries. Furthermore, we find that the technological focus of MNEs - green vs. non-green - shapes the direction of these spill-overs. Notably, we provide novel evidence of linkages between the green patenting activity of MNE parents located abroad and the green innovation of domestic firms in the European Union, mediated through foreign subsidiaries operating in close proximity. Policy efforts aiming to foster green innovation should therefore prioritise attracting foreign investors with strong innovation records in environmentally sustainable technologies.</summary>
    <dc:date>2025-01-01T00:00:00Z</dc:date>
  </entry>
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