A cluster analysis of FDI in Latin America



Document title: A cluster analysis of FDI in Latin America
Journal: Latin american journal of economics
Database: CLASE
System number: 000418679
ISSN: 0719-0425
Authors: 1
1
Institutions: 1Universidade do Porto, Faculdade de Economia, Porto. Portugal
Year:
Season: May
Volumen: 52
Number: 1
Pages: 25-56
Country: Chile
Language: Inglés
Document type: Artículo
Approach: Analítico
English abstract 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
Disciplines: Economía
Keyword: Inversiones,
Balanza de pagos y deuda externa,
Inversión extranjera directa,
Clusters,
América Latina
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