La apertura comercial y su incidencia en la inversión extranjera directa en los países de América Latina: Un enfoque con datos panel, período 1990 – 2019.

Currently, the benefits of attracting capital to countries or regions is a fundamental part of their economic development, with developing countries being the most favored due to the chain effect that it produces in the economic sectors. In this context, this research aims to determine the effect of trade liberalization on foreign direct investment for Latin American countries, period 1990-2019. Three control variables are included: gross fixed capital formation, inflation, and taxes. The data was taken from the World Bank (2021), with a panel data methodology, using a Fully Modified Least Squares model (FMOLS), cointegration and causality techniques. The theoretical basis lies in the theory proposed by Ricardo (1817) on comparative advantages. The results show a positive effect of trade openness on foreign direct investment, where the series are cointegrated in the chorus and long term; In addition, a bidirectional causality between trade openness and foreign direct investment is demonstrated. Finally, it is concluded that the commercial opening within the countries of Latin America increases direct foreign investment, therefore, fiscal policies and public-private alliances are suggested that benefit the productivity and competitiveness of national companies and generate economic and social benefits.

• Egile nagusia: Guaya Chamba, Eduardo Luis (author)
• Formatua: bachelorThesis
• Hizkuntza: spa
• Argitaratua: 2022
• Gaiak: <ECONOMIA>; <INVERSIÓN EXTRANJERA>; <DATOS PANEL>; <AMÉRICA LATINA>
• Sarrera elektronikoa: https://dspace.unl.edu.ec/jspui/handle/123456789/25264