Location Determinants of Japanese Automotive FDI in Mexican States, 2013-2018: Determinantes de localización estatal de la inversión extranjera directa japonesa en la industria automotriz mexicana
Foreign Direct Investment (FDI) location theories highlight the regional factors that influence the location and spatial distribution of the investment project. The study employs a state-level spatial panel econometric model to empirically contrast the main location factors that influence the spatia...
| Autores: | , |
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| Tipo de documento: | artigo |
| Estado: | Versão publicada |
| Data de publicação: | 2023 |
| País: | México |
| Recursos: | UNIVERSIDAD AUTÓNOMA DE NUEVO LEÓN |
| Repositório: | Ensayos Revista de Economía |
| Idioma: | inglês |
| OAI Identifier: | oai:ensayos.uanl.mx:article/248 |
| Acesso em linha: | https://ensayos.uanl.mx/index.php/ensayos/article/view/248 |
| Access Level: | Acceso aberto |
| Palavra-chave: | Japanese Foreign Direct Investment Spatial Analysis Location Determinants Automotive Industry F21 F23 C31 |
| Resumo: | Foreign Direct Investment (FDI) location theories highlight the regional factors that influence the location and spatial distribution of the investment project. The study employs a state-level spatial panel econometric model to empirically contrast the main location factors that influence the spatial distribution of Japanese companies. The main results indicate that state characteristics related to the presence of infrastructure, lower wages, agglomeration, and development of the automotive industry influence the presence of Japanese automotive firms in Mexico. The results also highlight the presence of negative spatial externalities for the wages, population, industry agglomeration, and education variables. This shows that neighboring states compete for the arrival of Japanese automotive firms and spatial effects are present. Positive spatial externalities were observed from the market size variable, which can reflect the presence of production networks in the automotive industry, especially for the case of Japanese firms. |
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