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Strategies and determinants of Foreign Direct Investment (FDI) from developing countries: Case study of Latin America
Blumenau Regional University, Santa Catarina, Brazil.
Halmstad University, School of Business, Engineering and Science. Blumenau Regional University, Santa Catarina, Brazil.
Blumenau Regional University, Santa Catarina, Brazil.
2009 (English)In: Latin American Business Review, ISSN 1097-8526, Vol. 10, no 2-3, p. 73-94Article in journal (Refereed) Published
Abstract [en]

The purpose of this study is to assess the importance of economic and institutional factors for outward Foreign Direct Investment (FDI) from Multinational Enterprises (MNEs) originating in the developing countries. The estimate drawn up through a panel data model for three countries in Latin America shows that these outflows are directly influenced by economic factors, such as gross-domestic product (GDP) growth and rising foreign exchange rates. Moreover, FDI is positively correlated with institutional variables such as globalization and education as well as with inward FDI stocks in their respective countries of origin. © Taylor & Francis Group, LLC.

Place, publisher, year, edition, pages
Philadelphia, PA: Routledge, 2009. Vol. 10, no 2-3, p. 73-94
Keywords [en]
emerging economies, foreign direct investment, institutions, investment development path, multinational enterprises
National Category
Economics and Business
Identifiers
URN: urn:nbn:se:hh:diva-37560DOI: 10.1080/10978520903212532Scopus ID: 2-s2.0-70849133437OAI: oai:DiVA.org:hh-37560DiVA, id: diva2:1289462
Available from: 2019-02-18 Created: 2019-02-18 Last updated: 2019-02-18Bibliographically approved

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CiteExportLink to record
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Citation style
  • apa
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Language
  • de-DE
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  • Other locale
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Output format
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