Foreign Direct Investment and the Development of the Automotive Industry in Eastern and Southern Europe

55 Pages Posted: 9 Aug 2017

See all articles by Petr Pavlinek

Petr Pavlinek

University of Nebraska at Omaha; Charles University in Prague

Ricardo Aláez-Aller

Public University of Navarre - Department of Economics

Carlos Gil-Canaleta

Public University of Navarre - Department of Economics

Miren Ullibarri-Arce

Public University of Navarre - Department of Economics

Date Written: August 8, 2017

Abstract

This working paper provides an overview of foreign direct investment (FDI) in the automotive industry in Eastern Europe and Spain since the 1990s.

The authors examine the main trends and patterns of FDI in Czechia, Poland, Hungary, Slovakia, Slovenia, Romania, Hungary, Serbia and Spain as well as the impact of the 2008 economic crisis on further developments of their automotive sector. The study underlines the long-term structural costs of external ownership and control of economic activities for peripheral regions in the form of 'truncated development'.

Keywords: Foreign Investment; Automobile Industry; Economic Recession; Value Chains; Eastern Europe; Spain

Suggested Citation

Pavlinek, Petr and Aláez-Aller, Ricardo and Gil-Canaleta, Carlos and Ullibarri-Arce, Miren, Foreign Direct Investment and the Development of the Automotive Industry in Eastern and Southern Europe (August 8, 2017). ETUI Research Paper - Working Paper 2017.03, Available at SSRN: https://ssrn.com/abstract=3015163 or http://dx.doi.org/10.2139/ssrn.3015163

Petr Pavlinek (Contact Author)

University of Nebraska at Omaha ( email )

6001 Dodge Street
Omaha, NE 68182
United States

Charles University in Prague ( email )

Celetná 13
Praha 1, 116 36
Czech Republic

Ricardo Aláez-Aller

Public University of Navarre - Department of Economics

Campus de Arrosadia
Pamplona, Navarra 31006
Spain

Carlos Gil-Canaleta

Public University of Navarre - Department of Economics

Campus de Arrosadia
Pamplona, Navarra 31006
Spain

Miren Ullibarri-Arce

Public University of Navarre - Department of Economics

Campus de Arrosadia
Pamplona, Navarra 31006
Spain

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