IDEAS home Printed from https://ideas.repec.org/h/pal/pscchp/978-3-030-76567-5_2.html
   My bibliography  Save this book chapter

US Foreign Direct Investments in the Eurozone: A Distance Analysis in View of Global Crisis. Evidence from the Manufacturing Sector

In: Business Under Crisis Volume I

Author

Listed:
  • Xanthippe Adamoglou

    (University of Macedonia)

  • Vasiliki Kounnou

    (University of Macedonia)

  • Dimitris Kyrkilis

    (University of Macedonia)

Abstract

This research examines how MNEs effectively respond to the forces of the post-crisis environment in conjunction with distance. It is hypothesized that under crisis conditions, institutional distance has a negative impact and economic distance has a positive one on the FDI attraction of countries hit by crisis. The sample consists of 85 US foreign expansion cases to five Eurozone countries, namely, Greece, Ireland, Italy, Spain and Portugal, concluded between 2009 and 2018. The random effect model has been applied to the panel data set to test the model hypotheses. Results indicate that economic distance has a statistically significant negative effect on US outflows to Eurozone economies. Furthermore, institutional distance also has a negative effect on such outflows.

Suggested Citation

  • Xanthippe Adamoglou & Vasiliki Kounnou & Dimitris Kyrkilis, 2022. "US Foreign Direct Investments in the Eurozone: A Distance Analysis in View of Global Crisis. Evidence from the Manufacturing Sector," Palgrave Studies in Cross-disciplinary Business Research, In Association with EuroMed Academy of Business, in: Demetris Vrontis & Alkis Thrassou & Yaakov Weber & S. M. Riad Shams & Evangelos Tsoukatos & Leonidas (ed.), Business Under Crisis Volume I, chapter 2, pages 17-39, Palgrave Macmillan.
    • Handle: RePEc:pal:pscchp:978-3-030-76567-5_2
    DOI: 10.1007/978-3-030-76567-5_2
    as

    Download full text from publisher

    To our knowledge, this item is not available for download. To find whether it is available, there are three options:
    1. Check below whether another version of this item is available online.
    2. Check on the provider's web page whether it is in fact available.
    3. Perform a search for a similarly titled item that would be available.

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:pal:pscchp:978-3-030-76567-5_2. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Sonal Shukla or Springer Nature Abstracting and Indexing (email available below). General contact details of provider: https://link.springer.com/ .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.