RT info:eu-repo/semantics/article T1 Foreign direct investment in the spanish regions: what are the influencing factors? T2 Inversión extranjera directa en las regiones españolas: ¿cuáles son los factores determinantes? A1 Gutiérrez Portilla, Paula A1 Maza Fernández, Adolfo Jesús A1 Villaverde Castro, José A1 Hierro Franco, María K1 Foreign direct investment K1 Spanish regions K1 Inversión extranjera directa K1 Regiones españolas K1 Economía K1 Economics K1 Geografía K1 Geography K1 Sociología K1 Sociology AB The purpose of this paper is to analyze foreign direct investment(FDI) flows in Spain at regional and sectoral levels over the period 1997-2013. After showing that they are very volatile and highly geographically concentrated, the paper examines their determinants by estimating an FDI equation by GMM and GLS. This is done not only for the whole period and total FDI but also for two sub-periods (pre-crisis and crisis) and main places of origin (Europe and America).The results show that FDI inflows in Spain are mainly determined by market size, the level of human capital in interaction with wages, and the own characteristics of Madrid. PB Asociación Española de Ciencia Regional (AECR) SN 2340-2717 YR 2016 FD 2016 LK http://hdl.handle.net/10017/27141 UL http://hdl.handle.net/10017/27141 LA eng DS MINDS@UW RD 23-abr-2024