Foreign direct investment and development
The Mercosur experience
Bibliographic Data
| ID | 11650478 |
|---|---|
| Authors | Daniel Chudnovsky, Andrés López (0000-0002-4933-3872) |
| Year | 2007 |
| Volume | 2007 |
| Issue | 92 |
| Pages | 7-23 |
| Publication date | 2007-09-27 |
| Open Access | No |
| Type | ARTICLE |
| Venue | CEPAL review (JOURNAL) |
| Journal identifiers | ISSN: 0251-2920 • E-ISSN: 1684-0348 |
| Publisher | United Nations Publications (PUBLISHER • US) |
| DOI | 10.18356/121766cf-en |
| OpenAlex | W2265576393 |
| Language | EN |
| Citations received | 4 |
| References cited | 8 |
This article analyses the impact of foreign direct investment (FDI) on the MERCOSUR countries in the light of key variables such as productivity, foreign trade, innovation and growth. The macroeconomic impact is not found to have been significant, whereas the microeconomic effects seem to have been more noticeable, though varied. Generally speaking, the subsidiaries of transnational corporations operate at higher levels of productivity, engage in more international trade and are more innovative than local companies. The indirect effects of FDI, on the other hand, are less clear. The sign (positive or negative) and magnitude of productivity spillovers to domestic competitors vary, apparently depending on the characteristics of the local businesses and on the markets in which they operate. Finally, only in Brazil is there evidence of spillover effects —although those effects have been both positive and negative— on the export activities and innovation of local companies, as well as productivity spillovers from foreign subsidiaries to their national suppliers
Business · Competitor analysis · Economics · Foreign direct investment · International economics · International trade · Investment (military · Macroeconomics · Monetary economics · Multinational corporation · Productivity · Spillover effect · Subsidiary · Global Trade and Competitiveness · Global trade and economics · International Business and FDI
Multinational Firms in the World Economy
Much Ado about Nothing? Do Domestic Firms Really Benefit from Foreign Direct Investment?
Do Domestic Firms Benefit from Direct Foreign Investment? Evidence from Venezuela
Spillovers, foreign investment, and export behavior
Does Foreign Direct Investment Increase the Productivity of Domestic Firms? In Search of Spillovers Through Backward Linkages
Openness and Growth
The influence of capital origin on Brazilian foreign trade patterns
How does foreign direct investment affect economic growth
| Citations per year | 0.31 |
|---|---|
| Citation span | 2013 - 2025 (13) |
| Highly cited | No |