Related trade linkages, foreign firms, and employment growth in less developed regions

Elekes Zoltán and Lengyel Balázs: Related trade linkages, foreign firms, and employment growth in less developed regions.

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How does international trade of foreign-owned companies contribute to regional economic growth in less developed regions? Are there knowledge externalities at play between co-located trade activities of foreign and domestic firms? We address the above questions by analysing the impact of technological relatedness of regional import and export activities performed by foreign and domestic companies on regional employment growth in Hungary between 2000 and 2007. Results suggest that the related variety of export activities benefits regional employment growth in general, while the host economy benefits more from the technological relatedness of domestic firms’ trade activities, rather than relatedness to or between foreign firms’ activities. Employment of domestic firms benefits from the trade activity of co-located foreign firms only if it is in the same product class.

Item Type: Conference or Workshop Item
Journal or Publication Title: Economics and Management of Global Value Chains : Regional Clusters, Local Networks and Entrepreneurship
Date: 2016
ISBN: 978-963-306-501-3
Page Range: pp. 65-86
Related URLs:
Uncontrolled Keywords: Kereskedelem, Foglalkoztatás
Additional Information: Bibliogr.: p. 81-83. ; összefoglalás angol nyelven
Date Deposited: 2019. May. 29. 10:06
Last Modified: 2022. Nov. 08. 10:30

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