The determinants of foreign direct investment in Brazil: empirical analysis for 2001-2013

This article aims to analyse the determinants of foreign direct investment (FDI) into Brazil between 2001 and 2013. It uses a vector error correction (VEC) model to analyse both the long-term function and the impulse-response function. The results show that levels of economic activity, wages and pro...

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Autores principales: Correa da Silveira, Eduarda Martins, Dias Samsonescu, Jorge Augusto, Triches, Divanildo
Formato: Texto
Lenguaje:English
Publicado: 2017
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Acceso en línea:http://hdl.handle.net/11362/42016
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spelling oai-11362-420162020-03-06T16:50:27Z The determinants of foreign direct investment in Brazil: empirical analysis for 2001-2013 Correa da Silveira, Eduarda Martins Dias Samsonescu, Jorge Augusto Triches, Divanildo INVERSION EXTRANJERA DIRECTA CRECIMIENTO ECONOMICO PRODUCTIVIDAD AGRICULTURA INDUSTRIA SECTOR TERCIARIO MODELOS ECONOMETRICOS FOREIGN DIRECT INVESTMENT ECONOMIC GROWTH PRODUCTIVITY AGRICULTURE INDUSTRY SERVICE INDUSTRIES ECONOMETRIC MODELS This article aims to analyse the determinants of foreign direct investment (FDI) into Brazil between 2001 and 2013. It uses a vector error correction (VEC) model to analyse both the long-term function and the impulse-response function. The results show that levels of economic activity, wages and productivity are positively related to FDI inflows, which means that investors pursue market-seeking and efficiency-seeking strategies when targeting the Brazilian market. Although less important, the stability of the national economy and the exchange rate also proved statistically significant in explaining FDI inflows. 2017-08-08T16:26:14Z 2017-08-08T16:26:14Z 2017-04 Texto Sección o Parte de un Documento http://hdl.handle.net/11362/42016 LC/PUB.2017/8-P 10 en CEPAL Review CEPAL Review 121 .pdf application/pdf 2001 BRASIL BRAZIL 2013
institution Cepal
collection Cepal
language English
topic INVERSION EXTRANJERA DIRECTA
CRECIMIENTO ECONOMICO
PRODUCTIVIDAD
AGRICULTURA
INDUSTRIA
SECTOR TERCIARIO
MODELOS ECONOMETRICOS
FOREIGN DIRECT INVESTMENT
ECONOMIC GROWTH
PRODUCTIVITY
AGRICULTURE
INDUSTRY
SERVICE INDUSTRIES
ECONOMETRIC MODELS
spellingShingle INVERSION EXTRANJERA DIRECTA
CRECIMIENTO ECONOMICO
PRODUCTIVIDAD
AGRICULTURA
INDUSTRIA
SECTOR TERCIARIO
MODELOS ECONOMETRICOS
FOREIGN DIRECT INVESTMENT
ECONOMIC GROWTH
PRODUCTIVITY
AGRICULTURE
INDUSTRY
SERVICE INDUSTRIES
ECONOMETRIC MODELS
Correa da Silveira, Eduarda Martins
Dias Samsonescu, Jorge Augusto
Triches, Divanildo
The determinants of foreign direct investment in Brazil: empirical analysis for 2001-2013
description This article aims to analyse the determinants of foreign direct investment (FDI) into Brazil between 2001 and 2013. It uses a vector error correction (VEC) model to analyse both the long-term function and the impulse-response function. The results show that levels of economic activity, wages and productivity are positively related to FDI inflows, which means that investors pursue market-seeking and efficiency-seeking strategies when targeting the Brazilian market. Although less important, the stability of the national economy and the exchange rate also proved statistically significant in explaining FDI inflows.
format Texto
author Correa da Silveira, Eduarda Martins
Dias Samsonescu, Jorge Augusto
Triches, Divanildo
author_facet Correa da Silveira, Eduarda Martins
Dias Samsonescu, Jorge Augusto
Triches, Divanildo
author_sort Correa da Silveira, Eduarda Martins
title The determinants of foreign direct investment in Brazil: empirical analysis for 2001-2013
title_short The determinants of foreign direct investment in Brazil: empirical analysis for 2001-2013
title_full The determinants of foreign direct investment in Brazil: empirical analysis for 2001-2013
title_fullStr The determinants of foreign direct investment in Brazil: empirical analysis for 2001-2013
title_full_unstemmed The determinants of foreign direct investment in Brazil: empirical analysis for 2001-2013
title_sort determinants of foreign direct investment in brazil: empirical analysis for 2001-2013
publishDate 2017
url http://hdl.handle.net/11362/42016
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