THE CONTROVERSY ABOUT FOREIGN DIRECT INVESTMENT AS A SOURCE OF GROWTH FOR THE MEXICAN ECONOMY

This paper investigates the ways in which foreign direct investment (FDI) has really affected economic growth in Mexico. Considering that special efforts have been made to rely on an outward industrialisation strategy, we test the FDI-led growth and export-led growth hypotheses in Mexico with multiv...

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Detalles Bibliográficos
Autores principales: Olajide S. Oladipo, Belem I. Vásquez Galán
Formato: Artículo científico
Publicado: Universidad Nacional Autónoma de México 2009
Materias:
Economía y Finanzas
Foreign Direct Investment
Exports
Growth
Human Capital
NAFTA
Acceso en línea:http://www.redalyc.org/articulo.oa?id=11820200004
http://biblioteca.clacso.edu.ar/gsdl/cgi-bin/library.cgi?a=d&c=mx/mx-030&d=11820200004oai
Aporte de:
Red de Bibliotecas Virtuales de Ciencias Sociales (CLACSO) de Consejo Latinoamericano de Ciencias Sociales
id I16-R122-11820200004oai
record_format dspace
institution Consejo Latinoamericano de Ciencias Sociales
institution_str I-16
repository_str R-122
collection Red de Bibliotecas Virtuales de Ciencias Sociales (CLACSO)
topic Economía y Finanzas
Foreign Direct Investment
Exports
Growth
Human Capital
NAFTA
spellingShingle Economía y Finanzas
Foreign Direct Investment
Exports
Growth
Human Capital
NAFTA
Olajide S. Oladipo
Belem I. Vásquez Galán
THE CONTROVERSY ABOUT FOREIGN DIRECT INVESTMENT AS A SOURCE OF GROWTH FOR THE MEXICAN ECONOMY
topic_facet Economía y Finanzas
Foreign Direct Investment
Exports
Growth
Human Capital
NAFTA
description This paper investigates the ways in which foreign direct investment (FDI) has really affected economic growth in Mexico. Considering that special efforts have been made to rely on an outward industrialisation strategy, we test the FDI-led growth and export-led growth hypotheses in Mexico with multivariate analysis using a Autoregressive Vector model. Results show that support for FDI-led growth is not as strong as for export-led growth. However, NAFTA has been conducive in improving the potential effect of foreign capital inflow. The estimates show that both private and foreign capitals have statistically significant effects on growth. They also show that manufacturing FDI, exports, labour force and human capital have significant positive effects on the economy.
format Artículo científico
Artículo científico
author Olajide S. Oladipo
Belem I. Vásquez Galán
author_facet Olajide S. Oladipo
Belem I. Vásquez Galán
author_sort Olajide S. Oladipo
title THE CONTROVERSY ABOUT FOREIGN DIRECT INVESTMENT AS A SOURCE OF GROWTH FOR THE MEXICAN ECONOMY
title_short THE CONTROVERSY ABOUT FOREIGN DIRECT INVESTMENT AS A SOURCE OF GROWTH FOR THE MEXICAN ECONOMY
title_full THE CONTROVERSY ABOUT FOREIGN DIRECT INVESTMENT AS A SOURCE OF GROWTH FOR THE MEXICAN ECONOMY
title_fullStr THE CONTROVERSY ABOUT FOREIGN DIRECT INVESTMENT AS A SOURCE OF GROWTH FOR THE MEXICAN ECONOMY
title_full_unstemmed THE CONTROVERSY ABOUT FOREIGN DIRECT INVESTMENT AS A SOURCE OF GROWTH FOR THE MEXICAN ECONOMY
title_sort controversy about foreign direct investment as a source of growth for the mexican economy
publisher Universidad Nacional Autónoma de México
publishDate 2009
url http://www.redalyc.org/articulo.oa?id=11820200004
http://biblioteca.clacso.edu.ar/gsdl/cgi-bin/library.cgi?a=d&c=mx/mx-030&d=11820200004oai
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