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ebook Incentives to Attract FDI: Evidence from the Łódź Province Tomasz Dorożyński

Wydawca: Wydawnictwo Uniwersytetu Łódzkiego

Rok wydania: 2020

Internationalisation is an important process currently observed in the contemporary global economy. It consists in creating and developing diverse forms of cross-border ties between enterprises and foreign direct investment is an example of these. Multinational enterprises are looking for optimal locations in almost all (politically and economically safe) countries and regions across the globe.
Most governments actively compete for investors by offering different incentive schemes, such as, inter alia, fiscal, financial, regulatory, and technical and information instruments and measures. The primary research goal of the study is to assess the importance of incentives offered to foreign direct investors by the evaluation of their effects understood in this case as investor reaction to such incentives. Hence, the process is seen from the investor perspective. The first part of the monograph is devoted to theoretical aspects of assisting foreign investors. The second part, which is empirical, discusses studies conducted to assess the relevance of incentives from the point of view of the host country economy.
The publication is addressed mainly to economists and representatives of international business. It may also be of interest to people engaged in business operations in international contexts: managers, experts, representatives of public administration. The monograph should also be recommended as an excellent supplementary reading for students of all university courses connected with the internationalisation of enterprises.

Spis treści ebooka Incentives to Attract FDI: Evidence from the Łódź Province

Preface 7

Chapter 1. What do theory and empirical studies teach us about supporting foreign investors 17
1.1. Foreign direct investment as a way to business internationalisation 17
1.1.1. Internationalisation and foreign direct investment: overview of definitions 18
1.1.2. Reasons behind making foreign direct investment 21
1.2. Foreign direct investment effect on the economy 25
1.2.1. Host country economy 25
1.2.2. Home country economy 31
1.3. Location determinants 34
1.4. FDI support rationale 38

Chapter 2. Location Premises: Perspective of Enterprises with Foreign Capital in Łódź Region 51
2.1. Scope of research, methodology and selection of research sample 51
2.2. Research sample profile 55
2.3. Foreign capital in enterprises 62
2.4. Export operations of foreign investors 65
2.5. Import operations of foreign investors 71
2.6. Competitive locations 73
2.7. Importance of institutions for location selection 74
2.8. Premises for location choices 81
2.8.1. Distribution of answers and basic descriptive statistics 81
2.8.2. Overall ranking of grounds for location selection 89
2.8.3. Differentiation of grounds for location selection based on overall ranking 90
2.8.4. Differentiation of grounds for location selection based on the Mann-Whitney test 99
2.8.5. Detailed rankings of grounds for location selection 101

Chapter 3. Investment Incentives: Perspective of Enterprises with Foreign Capital in the Łódź Region 109
3.1. The role of incentives in location choices 109
3.1.1. Overall ranking of investment incentives 110
3.1.2. Differentiated importance of investment incentives based on overall ranking 112
3.1.3. Differentiated importance of investment incentives based on the Mann-Whitney test 120
3.1.4. Detailed ranking of investment incentives 122
3.2. Special economic zones 125
3.3. The role of State aid in making location choices 125
3.4. Post-investment assistance 128
3.5. Location factors and the use of State aid 131
3.6. Investment incentives and the use of State aid 135

Conclusion 139
Bibliography 145
List of tables 175
List of figures 179
About author 181