FOREIGN DIRECT INVESTMENT IN LATIN AMERICA AND THE CARIBBEAN: AN EMPIRICAL ANALYSIS

dc.creator	WILLIAMS,KEVIN
dc.date	2015-05-01
dc.date.accessioned	2019-04-25T12:42:04Z
dc.date.available	2019-04-25T12:42:04Z
dc.identifier	https://scielo.conicyt.cl/scielo.php?script=sci_arttext&pid=S0719-04332015000100003
dc.identifier.uri	http://revistaschilenas.uchile.cl/handle/2250/61330
dc.description	Competition for foreign direct investment (FDI) among developing countries has intensified in recent years. Using a sample of 68 developing countries across different regions, with data from 1975-2005, this paper investigates whether Latin America and the Caribbean (LAC) differs from non-LAC regions in regard to determinants of FDI; the evidence suggests that there are differences. In particular, the stock of infrastructure attracts FDI to LAC and constraints on the executive and high debt discourage FDI to non-LAC. These findings are robust to sample size, different estimators, endogeneity, and country fixed effects.
dc.format	text/html
dc.language	en
dc.publisher	Pontificia Universidad Católica de Chile. Instituto de Economía.
dc.relation	10.7764/LAJE.52.1.57
dc.rights	info:eu-repo/semantics/openAccess
dc.source	Latin american journal of economics v.52 n.1 2015
dc.subject	FDI
dc.subject	infrastructure
dc.subject	constraints on the executive
dc.subject	debt
dc.subject	Latin America and the Caribbean
dc.title	FOREIGN DIRECT INVESTMENT IN LATIN AMERICA AND THE CARIBBEAN: AN EMPIRICAL ANALYSIS