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

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...

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Autor principal:	WILLIAMS,KEVIN
Lenguaje:	English
Publicado:	Pontificia Universidad Católica de Chile. Instituto de Economía. 2015
Materias:	FDI infrastructure constraints on the executive debt Latin America and the Caribbean
Acceso en línea:	http://www.scielo.cl/scielo.php?script=sci_arttext&pid=S0719-04332015000100003
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spelling	oai:scielo:S0719-043320150001000032015-09-22FOREIGN DIRECT INVESTMENT IN LATIN AMERICA AND THE CARIBBEAN: AN EMPIRICAL ANALYSISWILLIAMS,KEVIN FDI infrastructure constraints on the executive debt Latin America and the Caribbean 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.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=S0719-04332015000100003en10.7764/LAJE.52.1.57
institution	Scielo Chile
collection	Scielo Chile
language	English
topic	FDI infrastructure constraints on the executive debt Latin America and the Caribbean
spellingShingle	FDI infrastructure constraints on the executive debt Latin America and the Caribbean WILLIAMS,KEVIN FOREIGN DIRECT INVESTMENT IN LATIN AMERICA AND THE CARIBBEAN: AN EMPIRICAL ANALYSIS
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.
author	WILLIAMS,KEVIN
author_facet	WILLIAMS,KEVIN
author_sort	WILLIAMS,KEVIN
title	FOREIGN DIRECT INVESTMENT IN LATIN AMERICA AND THE CARIBBEAN: AN EMPIRICAL ANALYSIS
title_short	FOREIGN DIRECT INVESTMENT IN LATIN AMERICA AND THE CARIBBEAN: AN EMPIRICAL ANALYSIS
title_full	FOREIGN DIRECT INVESTMENT IN LATIN AMERICA AND THE CARIBBEAN: AN EMPIRICAL ANALYSIS
title_fullStr	FOREIGN DIRECT INVESTMENT IN LATIN AMERICA AND THE CARIBBEAN: AN EMPIRICAL ANALYSIS
title_full_unstemmed	FOREIGN DIRECT INVESTMENT IN LATIN AMERICA AND THE CARIBBEAN: AN EMPIRICAL ANALYSIS
title_sort	foreign direct investment in latin america and the caribbean: an empirical analysis
publisher	Pontificia Universidad Católica de Chile. Instituto de Economía.
publishDate	2015
url	http://www.scielo.cl/scielo.php?script=sci_arttext&pid=S0719-04332015000100003
work_keys_str_mv	AT williamskevin foreigndirectinvestmentinlatinamericaandthecaribbeananempiricalanalysis
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FOREIGN DIRECT INVESTMENT IN LATIN AMERICA AND THE CARIBBEAN: AN EMPIRICAL ANALYSIS

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