Determinants of foreign direct investment in México. An analysis of efficiency factors

Through vector autoregressive (VAR) models, this research aims to evaluate the influence of efficiency variables (gross domestic product, trade openness, income tax, oil price, inflation, and interest rate) on the flows of foreign direct investment (FDI) in Mexico and identify actions that contribut...

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Detalles Bibliográficos
Autores: Héctor Paulino Elizalde Guzmán, Miguel Ángel Martínez Damián, José de Jesús García Juárez
Tipo de recurso: artículo
Estado:Versión publicada
Fecha de publicación:2022
País:México
Institución:Colegio de Postgraduados
Repositorio:Redalyc-COLPOS
OAI Identifier:oai:redalyc.org:41373203004
Acceso en línea:https://www.redalyc.org/articulo.oa?id=41373203004
https://www.redalyc.org/journal/413/41373203004/
https://www.redalyc.org/journal/413/41373203004/html/
https://www.redalyc.org/journal/413/41373203004/41373203004.epub
https://www.redalyc.org/journal/413/41373203004/movil
Access Level:acceso abierto
Palabra clave:Economía y Finanzas
B22
F21
B23
Efficiency
autoregressive vectors
Descripción
Sumario:Through vector autoregressive (VAR) models, this research aims to evaluate the influence of efficiency variables (gross domestic product, trade openness, income tax, oil price, inflation, and interest rate) on the flows of foreign direct investment (FDI) in Mexico and identify actions that contribute to external financing. The results indicate that the behavior of direct foreign investment in the 1995-2020 period can be explained by an autoregressive factor of the same investment and the variables interest rate, trade openness and income tax. Therefore, the most appropriate measures to attract FDI are those that promote credit availability, better international relations, and regulated tax rates.