Foreign Direct Investment, Exports and Economic Growth in Latin America
DOI:
https://doi.org/10.29019/eyn.v9i2.502Keywords:
Economic growth, Exports, Foreign Direct Investment, Latin America, Stock marketAbstract
This paper analyzes the relationship between Foreign Direct Investment and Exports with the economic growth of 16 Latin American countries during the year 2015. In this sense, a multiple linear regression model was developed using a cross-sectional series of data for the analysis of the countries. The results show that in the Latin American countries studied, Foreign Direct Investment and Exports promote economic growth, which is an important fact for the organisms that make public policies and is in agreement with the majority of literature on the matter. Although the variable volume traded in the stock market was discarded because it has a high correlation with Foreign Direct Investment and because it is the least correlated with the dependent variable, the different countries have the incentive to this market that constitutes for the companies a important source of funding.
Downloads
Downloads
Published
How to Cite
Issue
Section
Categories
License
Copyright (c) 2018 The Authors
This work is licensed under a Creative Commons Attribution 3.0 Unported License.
The articles and research published by the UTE University are carried out under the Open Access regime in electronic format. By submitting an article to any of the scientific journals of the UTE University, the author or authors accept these conditions.
The UTE applies the Creative Commons Attribution (CC-BY) license to articles in its scientific journals. Under this open access license, as an author you agree that anyone may reuse your article in whole or in part for any purpose, free of charge, including commercial purposes. Anyone can copy, distribute or reuse the content as long as the author and original source are correctly cited. This facilitates freedom of reuse and also ensures that content can be extracted without barriers for research needs.
Creative Commons Attribution 4.0 International License
The Journal Economía y Negocios is distributed under a
Creative Commons Attribution 4.0 International (CC BY 4.0).
In addition, the journal Economía y Negocios guarantees and declares that authors always retain all copyrights to the original published works without restrictions [© The Author(s)]. Acknowledgment (BY): Any exploitation of the work is allowed, including a commercial purpose, as well as the creation of derivative works, the distribution of which is also allowed without any restriction.
