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Integration Agreements, FDI and Structural Reforms. An Analysis of the Determinants of European Investment in Latin America

Author

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  • Alessia LO TURCO

    (Universita' Politecnica delle Marche, Dipartimento di Economia)

Abstract
This study addresses the topic of the determinants of EU FDI in Latin America, especially in MERCOSUR countries, having care to disentangle the role of the integration agreement from other national policies inspired from the general sub-continental reform effort occurred in the last decades.;The results obtained from the analysis suggest a strong role both for the policy frame of structural reforms and, especially, the MERCOSUR agreement in determining FDI inflows into the Latin American region.

Suggested Citation

  • Alessia LO TURCO, 2005. "Integration Agreements, FDI and Structural Reforms. An Analysis of the Determinants of European Investment in Latin America," Working Papers 229, Universita' Politecnica delle Marche (I), Dipartimento di Scienze Economiche e Sociali.
  • Handle: RePEc:anc:wpaper:229
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    File URL: http://docs.dises.univpm.it/web/quaderni/pdf/229.pdf
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    References listed on IDEAS

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    1. Laura Alfaro & Andrés Rodriguez-Clare, 2004. "Multinationals and Linkages: An Empirical Investigation," Economía Journal, The Latin American and Caribbean Economic Association - LACEA, vol. 0(Spring 20), pages 113-169, January.
    2. José De Gregorio & Jong-Wha Lee, 1999. "Economic Growth in Latin America: Sources and Prospects," Documentos de Trabajo 66, Centro de Economía Aplicada, Universidad de Chile.
    3. Lora, Eduardo, 2001. "Structural Reforms in Latin America: What Has Been Reformed and How to Measure It," IDB Publications (Working Papers) 3338, Inter-American Development Bank.
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    6. Daniel Chudnovsky & Andres Lopez & Gaston Rossi, 2008. "Foreign Direct Investment Spillovers and the Absorptive Capabilities of Domestic Firms in the Argentine Manufacturing Sector (1992-2001)," Journal of Development Studies, Taylor & Francis Journals, vol. 44(5), pages 645-677.
    7. Hofman, André A., 2000. "The economic development of Latin America in the twentieth century," Copublicaciones, Naciones Unidas Comisión Económica para América Latina y el Caribe (CEPAL), number 1650 edited by Eclac.
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    9. Robert E. Lipsey, 2002. "Home and Host Country Effects of FDI," NBER Working Papers 9293, National Bureau of Economic Research, Inc.
    10. Alessia LO TURCO, 2005. "The EU-Mercosur Association Process. An Analysis of Bilateral Trade," Working Papers 224, Universita' Politecnica delle Marche (I), Dipartimento di Scienze Economiche e Sociali.
    11. Bielschowsky, Ricardo & Moguillansky, Graciela & Pini, Claudio, 2001. "Investment and economic reform in Latin America," Libros de la CEPAL, Naciones Unidas Comisión Económica para América Latina y el Caribe (CEPAL), number 2276 edited by Eclac, May.
    12. Escaith, Hubert & Paunovic, Igor, 2004. "Reformas estructurales en América Latina y el Caribe en el período 1970-2000," Documentos de Proyectos 3667, Naciones Unidas Comisión Económica para América Latina y el Caribe (CEPAL).
    13. Benavente Escartin, José Miguel, 2001. "Exportaciones de manufacturas de América Latina: ¿desarme unilateral o integración regional?," Macroeconomía del Desarrollo 5394, Naciones Unidas Comisión Económica para América Latina y el Caribe (CEPAL).
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