A CLUSTER ANALYSIS OF FDI IN LATIN AMERICA

This study contributes to the literature on FDI in Latin America using cluster analysis, a technique rarely employed in studies on this topic, to examine the FDI performance of Latin American countries. The empirical findings reveal three clusters in 2011, compared to just two in 2005. The cluster w...

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Autores principales: Forte,Rosa, Santos,Nancy
Lenguaje:English
Publicado: Pontificia Universidad Católica de Chile. Instituto de Economía. 2015
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Acceso en línea:http://www.scielo.cl/scielo.php?script=sci_arttext&pid=S0719-04332015000100002
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spelling oai:scielo:S0719-043320150001000022015-09-22A CLUSTER ANALYSIS OF FDI IN LATIN AMERICAForte,RosaSantos,Nancy Foreign direct investment Latin America cluster analysis This study contributes to the literature on FDI in Latin America using cluster analysis, a technique rarely employed in studies on this topic, to examine the FDI performance of Latin American countries. The empirical findings reveal three clusters in 2011, compared to just two in 2005. The cluster with better FDI performance (Chile, Panama, Uruguay, and Costa Rica) also performs better in terms of variables such as market size, trade openness, and human capital. Between 2005 and 2011 Argentina left the best-performing cluster and the cluster with poorer performance split into two, indicating heterogeneous evolution of economies in the region.info:eu-repo/semantics/openAccessPontificia Universidad Católica de Chile. Instituto de Economía.Latin american journal of economics v.52 n.1 20152015-05-01text/htmlhttp://www.scielo.cl/scielo.php?script=sci_arttext&pid=S0719-04332015000100002en10.7764/LAJE.52.1.25
institution Scielo Chile
collection Scielo Chile
language English
topic Foreign direct investment
Latin America
cluster analysis
spellingShingle Foreign direct investment
Latin America
cluster analysis
Forte,Rosa
Santos,Nancy
A CLUSTER ANALYSIS OF FDI IN LATIN AMERICA
description This study contributes to the literature on FDI in Latin America using cluster analysis, a technique rarely employed in studies on this topic, to examine the FDI performance of Latin American countries. The empirical findings reveal three clusters in 2011, compared to just two in 2005. The cluster with better FDI performance (Chile, Panama, Uruguay, and Costa Rica) also performs better in terms of variables such as market size, trade openness, and human capital. Between 2005 and 2011 Argentina left the best-performing cluster and the cluster with poorer performance split into two, indicating heterogeneous evolution of economies in the region.
author Forte,Rosa
Santos,Nancy
author_facet Forte,Rosa
Santos,Nancy
author_sort Forte,Rosa
title A CLUSTER ANALYSIS OF FDI IN LATIN AMERICA
title_short A CLUSTER ANALYSIS OF FDI IN LATIN AMERICA
title_full A CLUSTER ANALYSIS OF FDI IN LATIN AMERICA
title_fullStr A CLUSTER ANALYSIS OF FDI IN LATIN AMERICA
title_full_unstemmed A CLUSTER ANALYSIS OF FDI IN LATIN AMERICA
title_sort cluster analysis of fdi in latin america
publisher Pontificia Universidad Católica de Chile. Instituto de Economía.
publishDate 2015
url http://www.scielo.cl/scielo.php?script=sci_arttext&pid=S0719-04332015000100002
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