Clima de inversión e inversión extranjera directa en países de América Latina: evidencia a nivel de firma

Investment climate and foreign direct investment in latin american countries: firm-level evidenc

Gilberto Fraga

Estudios Economicos, 2022, vol. 039 (Nueva Serie), issue 79, 103-126

Abstract: This paper analyzed the relationship between the investment climate and foreign direct investment (FDI) using a sample of 18 Latin American countries. The main results show that obstacles related to financial infrastructure and customs clearance might reduce the probability of a country receiving FDI, while physical infras-tructure obstacles do not significantly affect the influx of FDI. The disaggregated data show that financial infrastructure is important for attracting both vertical and horizontal FDI. On average, policies in Latin America that minimize financial obs-tacles and reduce the time it takes to clear customs will increase the likelihood of attracting FDI

Keywords: Países en desarrollo; IED; exportador; inversiones extranjeras; developing countries; FDI; export (search for similar items in EconPapers)
JEL-codes: F21 F23 (search for similar items in EconPapers)
Date: 2022
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Persistent link: https://EconPapers.repec.org/RePEc:uns:esteco:v:39:y:2022:i:79:p:103-126

DOI: 10.52292/j.estudecon.2022.2809

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