| Journal: | Latin american journal of economics |
| Database: | CLASE |
| System number: | 000418680 |
| ISSN: | 0719-0425 |
| Authors: | Williams, Kevin1 |
| Institutions: | 1University of the West Indies, Department of Economics, Kingston. Jamaica |
| Year: | 2015 |
| Season: | May |
| Volumen: | 52 |
| Number: | 1 |
| Pages: | 57-77 |
| Country: | Chile |
| Language: | Inglés |
| Document type: | Artículo |
| Approach: | Analítico |
| English abstract | 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 |
| Disciplines: | Economía |
| Keyword: | Balanza de pagos y deuda externa, Condiciones económicas, Inversión extranjera directa, América Latina, Caribe, Países en desarrollo |
| Full text: | Texto completo (Ver PDF) |
