Foreign direct investment and the performance of Brazilian exports

Brazil, in the 1990s, assumed a remarkable position as a host of foreign direct investment. It is worth mentioning that the service sector received the highest proportion of foreign investment. This market seeking strategy was responsible for the growth of the Brazilian imports. The results are conf...

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Detalhes bibliográficos
Autores: Fernandes, Elaine Aparecida, Campos, Antonio Carvalho
Tipo de documento: artigo
Estado:Versão publicada
Data de publicação:2008
País:Brasil
Recursos:EDITORA 34
Repositório:Revista de Economia Política
Idioma:português
OAI Identifier:oai:ojs2.centrodeeconomiapolitica.org:article/539
Acesso em linha:https://centrodeeconomiapolitica.org.br/repojs/index.php/journal/article/view/539
Access Level:Acceso aberto
Palavra-chave:Investimento direto estrangeiro
exportações e empresas transnacionais
Foreign direct investment
exports and transnational enterprises
Descrição
Resumo:Brazil, in the 1990s, assumed a remarkable position as a host of foreign direct investment. It is worth mentioning that the service sector received the highest proportion of foreign investment. This market seeking strategy was responsible for the growth of the Brazilian imports. The results are confirmed by the performance of foreign enterprises into different groups of activities. Those enterprises with majority of foreign capital have increased their imports the most from 1995 to 2000. Therefore, during the 1995-2000 period, this study does not support the view that foreign investment has directly improved the performance of the Brazilian exporting sector. JEL Classification: F23.