Regional Investment Flows from Greece to Bulgaria in the COVID‐19 context: is there a halt trend?

IF 2 2区 经济学 Q2 ECONOMICS Tijdschrift voor economische en sociale geografie Pub Date : 2023-09-01 DOI:10.1111/tesg.12591
N. Kapitsinis, E. Rasvanis, L. Topaloglou, P. Manetos, D. Kallioras
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Abstract

Abstract This paper offers a comprehensive analysis of the investment flows from Greek to Bulgarian regions against the context of COVID‐19. Employing a mixed research method, it investigates the initial impact of COVID‐19 on regional FDI flows from Greece to Bulgaria and intends to explore to which extent the pandemic acts as an impediment to firm relocation, by examining regional investment flows from 2013 to 2020. The effects of the COVID‐19 macroeconomic shock are placed in the context of the existing conditions shaped by the 2008 global economic crisis. The paper also attempts to provide a critical insight of factors underlying investment flows. The results indicate that there was a limited investment halt but no disinvestment from the Greek to Bulgarian regions in the first year of the COVID‐19 outbreak. Low and stable taxation, cheap labour and efficient regulatory regime attract Greek investments in Bulgaria.
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2019冠状病毒病背景下希腊对保加利亚的区域投资流动:是否存在停滞趋势?
本文对2019冠状病毒病背景下希腊对保加利亚地区的投资流动进行了全面分析。该研究采用混合研究方法,调查了COVID - 19对从希腊到保加利亚的区域外国直接投资流动的初步影响,并打算通过研究2013年至2020年的区域投资流动,探讨疫情在多大程度上阻碍了企业搬迁。COVID - 19宏观经济冲击的影响是在2008年全球经济危机形成的现有条件的背景下进行的。本文还试图对投资流动背后的因素提供批判性的见解。结果表明,在2019冠状病毒病暴发的第一年,从希腊到保加利亚地区的投资暂停有限,但没有撤资。低而稳定的税收、廉价的劳动力和有效的监管制度吸引了希腊在保加利亚的投资。
本文章由计算机程序翻译,如有差异,请以英文原文为准。
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来源期刊
CiteScore
10.60
自引率
2.10%
发文量
36
期刊介绍: The Tijdschrift voor Economische en Sociale Geografie is a leading international journal on contemporary issues in human geography, committed to promoting rigorous academic work on the field. Through its scholarly articles and special "dossiers" on topics of interest, it brings you the latest research findings from Europe and around the world in authoritative scientific contributions. The journal bridges the gap between continental European practices of geography and the Anglo-American traditions by including articles from both regions. The Tijdschrift is a channel for the dissemination of new perspectives, ideas and approaches to the study of human geography.
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