The Impact of Global Value Chain Participation on Attracting Greenfield FDI: A Sectoral Analysis

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In the first year of this grant, we have assembled industry level GVC data from the OECD and matched it with detailed FDI data from the Financial Times FDI database to create a global sample. We then conducted some preliminary econometrics results which confirm that there is, indeed, a relationship between higher GVC participation and inward FDI. We found, importantly, that these results differ across industries and regions. We have received very helpful feedback at presentations in international conference and seminars. However, results are still not ready for publication. Further work needs to be done.