dc.creator | KATO-VIDAL,ENRIQUE L | |
dc.date | 2013-11-01 | |
dc.date.accessioned | 2019-04-25T12:42:01Z | |
dc.date.available | 2019-04-25T12:42:01Z | |
dc.identifier | https://scielo.conicyt.cl/scielo.php?script=sci_arttext&pid=S0719-04332013000200003 | |
dc.identifier.uri | http://revistaschilenas.uchile.cl/handle/2250/61287 | |
dc.description | The purpose of this article is to determine the impact of foreign direct investment (FDI) on a country's overall economy rather than simply the sectors receiving such investment. The strategy consisted of adopting a crowding-in/crowding-out approach to Mexico's total capital volume in the 1993-2010 period. The substitutability of foreign and local capital implies a lower-than-expected economic dynamism. Using a dynamic panel analysis, a negative relationship was found between FDI and the general wage. Throughout the analysis, firm size stands out as a key variable in explaining the impact of FDI. | |
dc.format | text/html | |
dc.language | en | |
dc.publisher | Pontificia Universidad Católica de Chile. Instituto de Economía. | |
dc.rights | info:eu-repo/semantics/openAccess | |
dc.source | Latin american journal of economics v.50 n.2 2013 | |
dc.subject | FDI | |
dc.subject | wage | |
dc.subject | firm size | |
dc.subject | substitutability of capital | |
dc.title | FOREIGN INVESTMENT AND WAGES: A CROWDING-OUT EFFECT IN MEXICO | |