El efecto de la incertidumbre en la inversión extranjera directa: el caso de México
This paper investigates the effect of uncertainty on FDI flows into the Mexican manufacturing sector during the period 2007-2015. Using a panel of manufacturing subsectors, we estimate a model by System GMM that includes domestic and external factors, as well as idiosyncratic and aggregate uncertain...
| Auteurs principaux: | , |
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| Format: | Online |
| Langue: | anglais |
| Éditeur: |
El Colegio de México, A.C.
2018
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| Sujets: | |
| Accès en ligne: | https://estudioseconomicos.colmex.mx/index.php/economicos/article/view/355 |
| Institution: |
Estudios Económicos |
| authentication_code | dc |
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| _version_ | 1853489749181857792 |
| author | López Noria, Gabriela Zamudio Fernández, Juan José |
| author_facet | López Noria, Gabriela Zamudio Fernández, Juan José |
| author_sort | López Noria, Gabriela |
| category_str_mv |
"Bolivia", "hyperinflation", "economic crisis", "Bolivia", "hiperinflación", "crisis económica"
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| collection | OJS |
| description | This paper investigates the effect of uncertainty on FDI flows into the Mexican manufacturing sector during the period 2007-2015. Using a panel of manufacturing subsectors, we estimate a model by System GMM that includes domestic and external factors, as well as idiosyncratic and aggregate uncertainty measures as explicative variables. We also performsome simulations to assess the size of the uncertainty effect on FDI flows. The main results show that uncertainty discourages FDI flows into the Mexican manufacturing sector during this period. We also find that idiosyncratic uncertainty measures are more important in explaining FDI flows than aggregate uncertainty measures. |
| format | Online |
| id | oai:oai.estudioseconomicos.colmex.mx:article-355 |
| index_str_mv | CONAHCYT LATINDEX PKP Index DORA Redalyc Scielo México Handbook of Latin American Studies (HLAS) JSTOR Dialnet HAPI Ulrich’s International Periodicals Directory Google Scholar IBSS Gale OneFile: Informe Académico Global Issues in Context InfoTracCustom Cengage Learning EconLit Índice bibliográfico Publindex RePEc The Journal of Economic Literature |
| journal | Estudios Económicos |
| language | eng |
| publishDate | 2018 |
| publisher | El Colegio de México, A.C. |
| record_format | ojs |
| Terms_governing_use_and_reproduction_note | Copyright (c) 2018 Estudios Económicos |
| data_source_entry/ISSN | Estudios Económicos de El Colegio de México; 65-vol. 33, no. 1, january-june, 2018; 117-149 Estudios Económicos de El Colegio de México; 65-vol. 33, núm. 1, enero-junio, 2018; 117-149 0186-7202 0188-6916 |
| spelling | oai:oai.estudioseconomicos.colmex.mx:article-3552025-12-05T14:47:06Z The effect of uncertainty on foreign direct investment: The case of Mexico El efecto de la incertidumbre en la inversión extranjera directa: el caso de México López Noria, Gabriela Zamudio Fernández, Juan José uncertainty foreign direct investment expectations manufacturing D80 F21 D84 L60 incertidumbre inversión extranjera directa expectativas manufactura D80 F21 D84 L60 This paper investigates the effect of uncertainty on FDI flows into the Mexican manufacturing sector during the period 2007-2015. Using a panel of manufacturing subsectors, we estimate a model by System GMM that includes domestic and external factors, as well as idiosyncratic and aggregate uncertainty measures as explicative variables. We also performsome simulations to assess the size of the uncertainty effect on FDI flows. The main results show that uncertainty discourages FDI flows into the Mexican manufacturing sector during this period. We also find that idiosyncratic uncertainty measures are more important in explaining FDI flows than aggregate uncertainty measures. Se investiga el efecto de la incertidumbre sobre los flujos de IED hacia el sector manufacturero mexicano durante 2007-2015. Con un panel de subsectores manufactureros estimamos un modelo por GMM en sistema, que incluye factores domésticos y externos, así como medidas de incertidumbre idiosincráticas y agregadas, como variables independientes. También se llevan a cabo simulaciones para evaluar el tamaño del efecto de la incertidumbre sobre la IED. Los resultados muestran que la incertidumbre desalienta a los flujos de IED hacia el sector manufacturero mexicano. Asimismo, se encuentra que la incertidumbre idiosincrática es más importante que la agregada para explicar la IED durante este periodo. El Colegio de México, A.C. 2018-01-01 info:eu-repo/semantics/article info:eu-repo/semantics/publishedVersion application/pdf text/xml https://estudioseconomicos.colmex.mx/index.php/economicos/article/view/355 10.24201/ee.v33i1.355 Estudios Económicos de El Colegio de México; 65-vol. 33, no. 1, january-june, 2018; 117-149 Estudios Económicos de El Colegio de México; 65-vol. 33, núm. 1, enero-junio, 2018; 117-149 0186-7202 0188-6916 eng https://estudioseconomicos.colmex.mx/index.php/economicos/article/view/355/358 https://estudioseconomicos.colmex.mx/index.php/economicos/article/view/355/431 Copyright (c) 2018 Estudios Económicos |
| spellingShingle | uncertainty foreign direct investment expectations manufacturing D80 F21 D84 L60 incertidumbre inversión extranjera directa expectativas manufactura D80 F21 D84 L60 López Noria, Gabriela Zamudio Fernández, Juan José El efecto de la incertidumbre en la inversión extranjera directa: el caso de México |
| title | El efecto de la incertidumbre en la inversión extranjera directa: el caso de México |
| title_alt | The effect of uncertainty on foreign direct investment: The case of Mexico |
| title_full | El efecto de la incertidumbre en la inversión extranjera directa: el caso de México |
| title_fullStr | El efecto de la incertidumbre en la inversión extranjera directa: el caso de México |
| title_full_unstemmed | El efecto de la incertidumbre en la inversión extranjera directa: el caso de México |
| title_short | El efecto de la incertidumbre en la inversión extranjera directa: el caso de México |
| title_sort | el efecto de la incertidumbre en la inversion extranjera directa el caso de mexico |
| topic | uncertainty foreign direct investment expectations manufacturing D80 F21 D84 L60 incertidumbre inversión extranjera directa expectativas manufactura D80 F21 D84 L60 |
| topic_facet | uncertainty foreign direct investment expectations manufacturing D80 F21 D84 L60 incertidumbre inversión extranjera directa expectativas manufactura D80 F21 D84 L60 |
| url | https://estudioseconomicos.colmex.mx/index.php/economicos/article/view/355 |
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