DETERMINANTES MACROECONÔMICOS DO INVESTIMENTO DIRETO ESPANHOL NA AMÉRICA LATINA

This paper explores the macroeconomic determinants of Spanish foreign directinvestment in Latin America during the 1990s and 2000s. We use pull-push factors models inorder to analyse Spanish capital boom. Previous researches had explored microeconomicdeterminants of Spanish FDI, while this paper tri...

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Detalles Bibliográficos
Autores principales: Lélis, Marcos Tadeu Caputi; Universidade do Vale do Rio dos Sinos., Cunha, André Moreira; Universidade Federal do Rio Grande do Sul., Bichara, Julimar da Silva; Universidad Autónoma de Madrid.
Formato: Artículo publishedVersion
Lenguaje:Portugués
Publicado: Universidade de São Paulo. Escola de Artes, Ciência e Humanidades. PROLAM 2011
Materias:
América Latina; Integração Econômica;
Acceso en línea:http://www.revistas.usp.br/prolam/article/view/82480
http://biblioteca.clacso.edu.ar/gsdl/cgi-bin/library.cgi?a=d&c=br/br-047&d=article82480oai
Aporte de:
Red de Bibliotecas Virtuales de Ciencias Sociales (CLACSO) de Consejo Latinoamericano de Ciencias Sociales
Descripción
Sumario:This paper explores the macroeconomic determinants of Spanish foreign directinvestment in Latin America during the 1990s and 2000s. We use pull-push factors models inorder to analyse Spanish capital boom. Previous researches had explored microeconomicdeterminants of Spanish FDI, while this paper tried to contribute using panel data econometrics toevaluate the macroeconomic dimension of the same phenomena. We conclude that both factorswere important, particularly economic growth in Spain and the strength of its corporations(push factors); and the privatization process, exchange rates, internal demand, GDP level andeconomic growth in Latin American countries (pull-factors).

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