Investing in Friends: The Role of Geopolitical Alignment in FDI Flows

Shekhar Aiyar, Davide Malacrino and Andrea F. Presbitero

Aiyar, S. & Malacrino, D. & Presbitero, A. F., “Investing in Friends: The Role of Geopolitical Alignment in FDI Flows,” European Journal of Political Economy, 83, 102508 (2024).

Reshoring exposure and strategic sectors

The study uses NL Analytics earnings-call measures of reshoring, nearshoring and friendshoring to help identify strategic three-digit sectors. It combines this measure with an Atlantic Council sector list; its greenfield investment observations come from fDi Markets.

Study coverage: Industry classification using earnings-call exposure between 2017 and 2022.

Interested in the data?

Ask us about the NL Analytics data or tools used in this research.

Email us

Corrections or updates to this entry? Email us.