Internationalization and technology in mercosur
The Southern Common Market (mercosur), widely recognized as one of the most advanced regional integration schemes worldwide, is increasingly attractive to multinational enterprises and also very active in outward investments, despite persistent innovation and competitiveness gaps. In this paper we a...
| Autores: | , , |
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| Tipo de documento: | artigo |
| Data de publicação: | 2013 |
| País: | España |
| Recursos: | Universidad Complutense de Madrid (UCM) |
| Repositório: | Docta Complutense |
| Idioma: | inglês |
| OAI Identifier: | oai:docta.ucm.es:20.500.14352/43474 |
| Acesso em linha: | https://hdl.handle.net/20.500.14352/43474 |
| Access Level: | Acceso aberto |
| Palavra-chave: | F1 F4 O3 MERCOSUR Globalization Competitiveness Trade Foreign direct investment Technology transfer Multinational enterprises. Comercio Desarrollo económico Economía internacional 5304.03 Comercio exterior 5307.03 Modelos y Teorías del desarrollo Económico 5307.04 Estudios del desarrollo Económico 5310 Economía Internacional |
| Resumo: | The Southern Common Market (mercosur), widely recognized as one of the most advanced regional integration schemes worldwide, is increasingly attractive to multinational enterprises and also very active in outward investments, despite persistent innovation and competitiveness gaps. In this paper we analyse internationalization and technology trends in mercosur in relation to trade, the activities of multinational enterprises (mnes) and the features of national systems of innovation. Our empirical findings, based on traditional gravity models, show the impact of foreign direct investment (fdi) (inward and outward) on exports, classified according to their technological content. Income distribution, which shapes the institutional characteristics of mercosur countries, is specifically addressed as a proxy for the structural aspects of mercosur countries. The findings confirm that technological and internationalization capacities —both as host and home countries of fdi— influence trade within the bloc. |
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