INDIKÁTORY EFEKTU PŘELÉVÁNÍ V REGIONECH
SPILLOVER EFFECT INDICATORS AT THE REGION LEVEL

Author(s): Sylvie Kotikova
Subject(s): Business Economy / Management, Regional Geography, Economic development
Published by: Masarykova univerzita nakladatelství
Keywords: Spillover effects; business environment; regional development; foreign direct investment; investment incentives;
Summary/Abstract: The localization of FDI creates a wide range of effects in the host region, some of them have the character of externalities and their measurability is only possible through alternative variables. This is also the case of spillover effects that are the subject of the economic policy makers’ attention. The emergence of positive spillover effects is considered a public interest that is supported by granting of the investment incentives. Determination whether spillover effects emerge at all are associated with a range of methodological issues is researched at the level of economies, e.g. what kind of technology transfer occurs between countries. The objective of this contribution is to determine the measurable factors of spillover effects at the regional level NUTS 3 and thus contribute to the ongoing discussion about the impacts of FDI in the area of its localization. These factors include gross value added, the volume of R&D investment and the FDI inflows per capita. The variables figuring as the multipliers of the final effect force include the proportion of people with higher secondary or university education and the size of the technology gap between FDI and the local business environment measured by the difference in their productivity.

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