Los límites de la IED como fuente de ideas para el crecimiento de las economías en desarrollo

Cédric Durand

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Abstract: The article is a conceptual study of the relationship between foreign direct investment (FDI), productivity and growth in the developing economies. We discuss Romer's assertion that the presence of transnational corporations permits a reduction in the ideas gap that leaves developing countries in poverty. From a presentation of the mechanisms that permit a virtuous relationship between investment as a source of ideas, it proposes two hypotheses. The first suggests that different conditions exist to influence the net effect of FDI on the receiving economy where the risk of a perverse dynamic should be considered. The second assumes that the determinants of the impact of FDI are the structure of the value-chain being considered and the institutional configurations in which the investment referred to occurs.

Keywords: foreign direct investment; productivity; growth; institutions; value-chain; inversión extranjera directa; productividad; crecimiento; instituciones; cadena de valor (search for similar items in EconPapers)
Date: 2005-02
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Citations: View citations in EconPapers (4)

Published in Problemas del Desarrollo, 2005, 36 (140), pp.11-41

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Persistent link: https://EconPapers.repec.org/RePEc:hal:journl:hal-00166840

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