Foreign Direct Investment, Exports and Economic Growth in Latin America

This paper analyzes the relationship between Foreign Direct Investment and Exports with the economic growth of 16 Latin American countries during the year 2015. In this sense, a multiple linear regression model was developed using a cross-sectional series of data for the analysis of the countries. The results show that in the Latin American countries studied, Foreign Direct Investment and Exports promote economic growth, which is an important fact for the organisms that make public policies and is in agreement with the majority of literature on the matter. Although the variable volume traded in the stock market was discarded because it has a high correlation with Foreign Direct Investment and because it is the least correlated with the dependent variable, the different countries have the incentive to this market that constitutes for the companies a important source of funding.

• Autore principale: Acosta-Palomeque, Galo (author)
• Altri autori: Pazmiño-Arroyo, Henry (author), Cerda-Prado, Nelson (author)
• Natura: article
• Lingua: spa
• Pubblicazione: 2018
• Soggetti: Economic growth; Exports; Foreign Direct Investment; Latin America; Stock market; Crecimiento económico; Exportaciones; Inversión extranjera directa; Latinoamérica; Mercado de valores
• Accesso online: https://revistas.ute.edu.ec/index.php/economia-y-negocios/article/view/502