Country-Risk Impact on Foreign Direct Investment in Mexico: Impacto del riesgo-país en la inversión extranjera directa en México

A greater flow of foreign direct investment (FDI) in Mexico can serve as financing for the manufacture of goods and services that contribute to economic growth; however, investors face risks that can lead to low levels of profits or even losses. Through a transfer model, this document aims to reveal...

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Detalles Bibliográficos
Autores: Elizalde Guzmán, Héctor Paulino, Martinez Damian, Miguel Angel, Arana Coronado, Jose Jaime, Ramirez Guzman, Martha Elva
Tipo de recurso: artículo
Estado:Versión publicada
Fecha de publicación:2022
País:México
Institución:UNIVERSIDAD AUTÓNOMA DE NUEVO LEÓN
Repositorio:Ensayos Revista de Economía
Idioma:español
OAI Identifier:oai:ensayos.uanl.mx:article/184
Acceso en línea:https://ensayos.uanl.mx/index.php/ensayos/article/view/184
Access Level:acceso abierto
Palabra clave:inversión extranjera directa
índice de riesgo-país
transferencia
relación inversa.
B22
B23
F21
Descripción
Sumario:A greater flow of foreign direct investment (FDI) in Mexico can serve as financing for the manufacture of goods and services that contribute to economic growth; however, investors face risks that can lead to low levels of profits or even losses. Through a transfer model, this document aims to reveal the relationship between the Country Risk Index (IRP) and FDI in Mexico, and thereby contribute to knowledge about the behavior of foreign capital. The results confirmed the inverse relationship between these variables; Likewise, the cross-correlation function indicates that the IRP has a lagged effect of four quarters on FDI. Therefore, if this country wants to position itself as a viable alternative for foreign capital and benefit from long-term investments, policies that place it as a low-risk economy should be implemented.