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Foreign Direct Investment, Exports and Imports in Mexico.
- Source :
- World Economy; Aug2005, Vol. 28 Issue 8, p1157-1172, 16p
- Publication Year :
- 2005
-
Abstract
- This paper analyses the liberalisation of foreign direct investment (FDI) in Mexico since the late 1980s, and its relationships with exports and imports. Such a process has eased the access of multinational corporations (MNCs) to the country, which has promoted exports. However, it has also resulted in a higher import content and the displacement of local firms, which has limited Mexico's economic development through the balance of payments constraint. The analysis is supported by the existence of linkages – bidirectional Granger causality – between exports, imports and FDI. [ABSTRACT FROM AUTHOR]
Details
- Language :
- English
- ISSN :
- 03785920
- Volume :
- 28
- Issue :
- 8
- Database :
- Complementary Index
- Journal :
- World Economy
- Publication Type :
- Academic Journal
- Accession number :
- 17818766
- Full Text :
- https://doi.org/10.1111/j.1467-9701.2005.00724.x