1. Repositorio institucional de CLACSO
2. Colección de los Centros Asociados
3. México
4. Instituto de Investigaciones Económicas - IIEc/UNAM - Cosecha

Título :	THE CONTROVERSY ABOUT FOREIGN DIRECT INVESTMENT AS A SOURCE OF GROWTH FOR THE MEXICAN ECONOMY
Palabras clave :	Economía y Finanzas;Foreign Direct Investment;Exports;Growth;Human Capital;NAFTA
Editorial :	Universidad Nacional Autónoma de México
Descripción :	This paper investigates the ways in which foreign direct investment (FDI) has really affected economic growth in Mexico. Considering that special efforts have been made to rely on an outward industrialisation strategy, we test the FDI-led growth and export-led growth hypotheses in Mexico with multivariate analysis using a Autoregressive Vector model. Results show that support for FDI-led growth is not as strong as for export-led growth. However, NAFTA has been conducive in improving the potential effect of foreign capital inflow. The estimates show that both private and foreign capitals have statistically significant effects on growth. They also show that manufacturing FDI, exports, labour force and human capital have significant positive effects on the economy.
URI :	http://biblioteca-repositorio.clacso.edu.ar/handle/CLACSO/103238
Otros identificadores :	http://www.redalyc.org/articulo.oa?id=11820200004
Aparece en las colecciones:	Instituto de Investigaciones Económicas - IIEc/UNAM - Cosecha

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