The economic integration of the Nordic-Baltic region through labor, innovation, investments and trade – LIFT

WP 3. Foreign direct investments and capital mobility

WP3 is motivated by how Nordic FDI and public grants in the Baltics contribute to integration of the Nordic-Baltic Region over the last three decades (e.g. in 2016 Norwegian FDI in the Baltics reached 2.5 billion euros, Statistics Norway). Nordic FDIs and grants may induce positive impulses and distributional impacts on the Baltic economy, enhancing productivity, labor market performance, social welfare and public service provision. Performance of Nordic-Baltic firms will be benchmarked with that of domestic firms and firms of other international consolidations with investors in countries of similar development. We look both greenfield investments and takeovers.

WP3 includes the following tasks:

Task 3.1 The effect of Norwegian ownership in Baltic firms on the performance of Baltic subsidiaries and Nordic mother companies

Task 3.2. The impact of FDI on wage gaps and labor composition (occupations and education) and mobility of employees between/within consolidations.

Task 3.3. The contribution of Nordic FDIs and public grants contribute to improved provision of local public services in the Baltics.


Dr. Rasmus Bogh Holmen

Senior Research Economist

Institute of Transport Economics, Norway