Effects of foreign investment and competitiveness in trade and productivity of Latin American countries

Effects of foreign investment and competitiveness in trade and productivity of Latin American countries

Bibliographic Details
Main Authors: Valenzuela-Klagges, Bárbara, Fuenzalida-O’Shee, Darcy
Format: Online
Language:spa
Published: Universidad Nacional, Costa Rica 2020
Online Access:https://www.revistas.una.ac.cr/index.php/economia/article/view/13817
id ECONOMIA13817
record_format ojs
institution Universidad Nacional de Costa Rica
collection Economía y Sociedad
language spa
format Online
author Valenzuela-Klagges, Bárbara
Fuenzalida-O’Shee, Darcy
spellingShingle Valenzuela-Klagges, Bárbara
Fuenzalida-O’Shee, Darcy
Effects of foreign investment and competitiveness in trade and productivity of Latin American countries
author_facet Valenzuela-Klagges, Bárbara
Fuenzalida-O’Shee, Darcy
author_sort Valenzuela-Klagges, Bárbara
title Effects of foreign investment and competitiveness in trade and productivity of Latin American countries
title_short Effects of foreign investment and competitiveness in trade and productivity of Latin American countries
title_full Effects of foreign investment and competitiveness in trade and productivity of Latin American countries
title_fullStr Effects of foreign investment and competitiveness in trade and productivity of Latin American countries
title_full_unstemmed Effects of foreign investment and competitiveness in trade and productivity of Latin American countries
title_sort effects of foreign investment and competitiveness in trade and productivity of latin american countries
title_alt Efectos de la inversión extranjera y competitividad en el comercio y productividad de países latinoamericanos
Efeitos do investimento estrangeiro e da competitividade no comércio e na produtividade dos países da América Latina
publisher Universidad Nacional, Costa Rica
publishDate 2020
url https://www.revistas.una.ac.cr/index.php/economia/article/view/13817
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AT valenzuelaklaggesbarbara efectosdelainversionextranjeraycompetitividadenelcomercioyproductividaddepaiseslatinoamericanos
AT fuenzalidaosheedarcy efectosdelainversionextranjeraycompetitividadenelcomercioyproductividaddepaiseslatinoamericanos
AT valenzuelaklaggesbarbara efeitosdoinvestimentoestrangeiroedacompetitividadenocomercioenaprodutividadedospaisesdaamericalatina
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spelling ECONOMIA138172023-02-09T21:04:00Z Effects of foreign investment and competitiveness in trade and productivity of Latin American countries Efectos de la inversión extranjera y competitividad en el comercio y productividad de países latinoamericanos Efeitos do investimento estrangeiro e da competitividade no comércio e na produtividade dos países da América Latina Valenzuela-Klagges, Bárbara Fuenzalida-O’Shee, Darcy Commerce FDI Competitiveness Gravitational Model Productivity Latin America Comercio IED Competitividad Modelo Gravitacional Productividad Latinoamérica Comércio IDE Competitividade Modelo Gravitacional Produtividade América Latina The objective of the study is to determine the effect of Foreign Direct Investment (FDI) and competitiveness on bilateral trade of Latin American countries (Argentina, Brazil, Chile, Colombia, Ecuador, Mexico, and Peru) with their main commercial destinations for the 2006-2012 period.  In the second stage, the article analyzes how trade and FDI affect Latin American productivity. Since the commercial flow of a country with the rest of the world and its competitiveness are endogenous variables, an extended gravitational model will be applied in two stages and estimated using static panel data. In conclusion, the greater FDI and global competitive achievement of a Latin American country, the greater its bilateral trade. In addition, in the second stage, it is confirmed that commercial opening directly influences the productivity of these countries which, together with FDI, guarantees a sustained increase in productivity. El objetivo del estudio es determinar el efecto de la Inversión Extranjera Directa (IED) y competitividad sobre el comercio bilateral de los países latinoamericanos (Argentina, Brasil, Chile, Colombia, Ecuador, México y Perú) con sus principales destinos comerciales para el período 2006-2012 y, en una segunda etapa, cómo el comercio y la IED afectan en la productividad latinoamericana. Debido a que el flujo comercial de un país con el resto del mundo y su competitividad son variables endógenas, se aplicará un modelo gravitacional ampliado en dos etapas y estimado mediante datos de panel estáticos. La investigación permite concluir que, a mayor IED y logro competitivo global de un país latinoamericano, mayor será su comercio bilateral. Y, en una segunda etapa, se confirma que la apertura comercial influye directamente en la productividad de estos países que, unida a la IED, garantiza un aumento sostenido de su productividad. O estudo tem como objetivo determinar o efeito do Investimento Estrangeiro Direto (IED) e da competitividade no comércio bilateral de países da América Latina (Argentina, Brasil, Chile, Colômbia, Equador, México e Peru) com seus principais destinos comerciais no período de 2006 -2012 e, em uma segunda fase, como o comércio e o IED afetam a produtividade latino-americana. Como o fluxo comercial de um país com o resto do mundo e sua competitividade são variáveis endógenas, um modelo gravitacional expandido será aplicado em duas etapas e estimado por meio de dados em painel estáticos. A pesquisa permite concluir que, quanto maior forem o IED e a conquista competitiva global de um país latino-americano, maior será o comércio bilateral. E, em uma segunda fase, confirma-se que a abertura comercial influencia diretamente na produtividade desses países e, unida ao IED, garante um aumento sustentado por sua produtividade. Universidad Nacional, Costa Rica 2020-05-11 info:eu-repo/semantics/article info:eu-repo/semantics/publishedVersion application/pdf text/html application/epub+zip https://www.revistas.una.ac.cr/index.php/economia/article/view/13817 10.15359/eys.25-57.6 Economía y Sociedad; Vol. 25 No. 57 (2020): Economía & Sociedad (enero-junio); 1-17 Economía y Sociedad; Vol. 25 Núm. 57 (2020): Economía & Sociedad (enero-junio); 1-17 Economía y Sociedad; v. 25 n. 57 (2020): Economía & Sociedad (enero-junio); 1-17 2215-3403 1409-1070 spa https://www.revistas.una.ac.cr/index.php/economia/article/view/13817/19373 https://www.revistas.una.ac.cr/index.php/economia/article/view/13817/19529 https://www.revistas.una.ac.cr/index.php/economia/article/view/13817/19530 Copyright (c) 2020 Bárbara Valenzuela-Klagges, Darcy Fuenzalida-O’Shee

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