EconPapers    
Economics at your fingertips  
 

IED en los países del MERCOSUR: ganadores y perdedores en los acuerdos ALCA y UE-MERCOSUR

Gustavo Bittencourt (gustavo.bittencourt@cienciassociales.edu.uy), Rosario Domingo (rosario@decon.edu.uy) and Nicolas Reig Lorenzi (nicolas.reig@cienciassociales.edu.uy)
Additional contact information
Rosario Domingo: Departamento de Economía, Facultad de Ciencias Sociales, Universidad de la República

No 206, Documentos de Trabajo (working papers) from Department of Economics - dECON

Abstract: The purpose of this paper is to analyze some additional issues related to foreign direct investment (FDI) and to the development of regional integration agreements (RIA).Firstly, we include additional variables to those that are generally considered in the gravity models of FDI determinants (they are related to the external sector and to the relative size of economies that are involved in each bilateral elationship).Secondly, the analysis of “winners” and “losers” is disaggregated at country level (in terms of total received FDI), with the purpose to consider possible effects of agreements on each MERCOSUR country in the frame work of ALCA and MERCOSUR-EU. The form that FDI among countries adopts allows us to profile winners and losers related to FDI flows in the framework of regional integration agreements. FDI increase could be associated to external creation of FDI. At the same time it is observed a greater elasticity of bilateral FDI flows related to foreign trade. If ALCA and MERCOSUR-EU agreements would increase trade flows –as is foreseeable- those flows would have a positive impact on FDI flows, and predominant forms of expansion would be open/resource seeking forms. In this framework and in relation to its potential to capture FDI, Brazil would be the only “winner” inside the bloc and Argentina would be probably the “loser”. In small economies Uruguay is near to be a “winner” and Paraguay a “loser”.

Keywords: Foreign Direct Investment; Economic Integration; Multinational Enterprises. (search for similar items in EconPapers)
JEL-codes: F15 F2 F23 (search for similar items in EconPapers)
Pages: 34 pages
Date: 2006-01
New Economics Papers: this item is included in nep-lam
References: Add references at CitEc
Citations:

Downloads: (external link)
https://hdl.handle.net/20.500.12008/2043 (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:ude:wpaper:0206

Access Statistics for this paper

More papers in Documentos de Trabajo (working papers) from Department of Economics - dECON Contact information at EDIRC.
Bibliographic data for series maintained by Andrea Doneschi (andrea.doneschi@cienciassociales.edu.uy) and (secretaria.decon@cienciassociales.edu.uy).

 
Page updated 2025-01-04
Handle: RePEc:ude:wpaper:0206