Foreign direct investment (FDI) determinants and spatial spillovers across Mexico's states

Escobar, Octavio

doi:10.1080/09638199.2011.624190

Cited by 28 publications

(28 citation statements)

References 35 publications

Supporting

Mentioning

Contrasting

Unclassified

Order By: Relevance

“…First, the results add to prior studies by demonstrating the importance of some labor conditions. Existing studies on manufacturing FDI in Mexican states have not examined the influence of union affiliation (e.g., Escobar Gamboa, ; Jordaan, ). The findings of this study, however, indicate that firms were more likely to select states for greenfield and reinvestment where the CTM had a higher rate of unionization in the sector.…”

Section: Resultsmentioning

confidence: 99%

“…The qualitative studies of FDI in vehicle industry—while illuminating—have not generally focused on the subnational level, and nor have they offered a systematic analysis of the effects of labor and political conditions, security, and infrastructure on investment behavior (e.g., Covarrubias, ; Klier & Rubenstein, ; Mortimore, ; Pacheco‐López, ). Although quantitative studies have produced important findings regarding subnational FDI in Mexico (e.g., Escobar Gamboa, ; Jordaan, , ), this literature is highly aggregated and not specific to the finished vehicle sector. Similar to the case study literature, quantitative studies have not examined the potential influence of labor conditions on subnational FDI (Escobar Gamboa, ; Jordaan, ).…”

Section: Introductionmentioning

confidence: 99%

“…Although quantitative studies have produced important findings regarding subnational FDI in Mexico (e.g., Escobar Gamboa, ; Jordaan, , ), this literature is highly aggregated and not specific to the finished vehicle sector. Similar to the case study literature, quantitative studies have not examined the potential influence of labor conditions on subnational FDI (Escobar Gamboa, ; Jordaan, ). As a result, it remains unclear if the findings of prior work on the manufacturing sector may be generalized to finished vehicle firms in Mexico.…”

Section: Introductionmentioning

confidence: 99%

See 2 more Smart Citations

Foreign direct investment flows to Mexican states: A study of the automobile industry, 2004–2014

Tuman

Erlingsson

2019

Growth and Change

View full text Add to dashboard Cite

This study examines the subnational flow in foreign direct investment (FDI) to Mexican states, with a focus on the finished vehicle industry. Although prior studies have examined subnational FDI in Mexico, research on the automobile sector has been scant. Utilizing a framework associated with the theory of asset specificity, we examine the influence of human capital and labor conditions, infrastructure, subnational policies, and security. The study employs a data set on finished vehicle FDI across 31 states and the Federal district for the period of 2004–2014. We adopt a two‐part model. The first part, which includes all states and the Federal district, is estimated with pooled logistic and Firth logistic regressions. In the second part, we examine variation in levels of FDI among states selected for investment with pooled ordinary least squares with panel‐corrected and Driscoll Kraay standard errors. Labor conditions are significant for both state selection and levels of FDI, but education is influential only in the selection stage. In addition, states with trunk rail lines linked to the U.S. border are more likely to be selected and receive higher FDI. After controlling for these influences, murder and homicide rates, and state development have no significant effects.

show abstract

Section: Resultsmentioning

confidence: 99%

Section: Introductionmentioning

confidence: 99%

Section: Introductionmentioning

confidence: 99%

See 1 more Smart Citation

Foreign direct investment flows to Mexican states: A study of the automobile industry, 2004–2014

Tuman

Erlingsson

2019

Growth and Change

View full text Add to dashboard Cite

show abstract

“…Hence, in this paper we focus on a period of legislative stagnation in terms of structural reforms. This is important to note, since most of the reforms in Mexico are also oriented to improve Mexico's FDI attractiveness (Escobar Gamboa, ).…”

Section: Fdi and Sectoral Patterns In Mexicomentioning

confidence: 99%

The role of FDI in structural change: Evidence from Mexico

Escobar

Mühlen

2019

World Economy

View full text Add to dashboard Cite

Foreign direct investment (FDI) flows to Mexico are substantial and play an important role in the Mexican economy since the mid‐1990s. These investments reflect the activities of multinational firms that shape to some extent the economic landscape and sectoral structure in this host country. We illustrate that there is considerable variation in the amounts of FDI and structural change within the country and across time. Based on this, the paper's main purpose is to analyse whether there is a significant impact of FDI on structural change. We conduct an empirical analysis covering the period 2006–16. We use the fixed‐effects estimator where the unit of observation is a Mexican state for which we calculate structural change from the reallocation of labour between sectors. The results suggest that (if any) there is a positive effect from FDI on growth‐enhancing structural change. This effect depends critically on the lag structure of FDI. Moreover, there is some evidence that the positive effect (a) arises from FDI flows in the industry sector and (b) is present for medium and low‐skilled labour reallocation.

show abstract

“…En un estudio con datos de panel, Juárez y Ángeles (2013) sostienen que la IED se establece principalmente en estados con un desarrollo comparativamente mayor que otros, y que el tamaño del mercado estatal continúa siendo relevante como factor de atracción. Por su parte, Escobar (2013) quien analiza los determinantes de la IED a escala estatal en México, encuentra que mayores niveles educativos y menores tasas de delincuencia favorecen la atracción de IED. También encuentra presencia de efectos de difusión interregionales, aspecto que parece indicar una situación complementariedad entre la IED que se establece en un estado específico y los estados contiguos.…”

Section: Revisión De La Literaturaunclassified

Dinámica de la inversión extranjera directa en los estados de México: un análisis de cadenas de Markov espaciales

Preciado¹,

Gaytán²,

Zermeño³

2017

Contaduría y Administración

View full text Add to dashboard Cite

ResumenEl objetivo de esta investigación consiste en analizar la evolución de la distribución espacial y temporal de la inversión extranjera directa (IED) en las entidades federativas de México. La literatura que aborda el análisis de la IED en México es abundante y diversa; sin embargo, se argumenta que el análisis de la distribución espacio-temporal de la IED condicionada a la interacción espacial en México, aún está ausente. En este sentido, mediante la aplicación del enfoque de cadenas de Markov espaciales propuesto por Rey (2001), se encuentra que la divergencia regional en la captación de IED es un proceso que parece afianzarse cuando se analizan diferentes cortes en el tiempo. En particular, durante el periodo entre 2006 y 2013 el proceso de divergencia hacia estratos de mayor captación estaría impulsado por las entidades federativas que interactúan con entidades contiguas ubicadas en estratos de captación de IED menores.

show abstract

Foreign direct investment (FDI) determinants and spatial spillovers across Mexico's states

Cited by 28 publications

References 35 publications

Foreign direct investment flows to Mexican states: A study of the automobile industry, 2004–2014

Foreign direct investment flows to Mexican states: A study of the automobile industry, 2004–2014

The role of FDI in structural change: Evidence from Mexico

Dinámica de la inversión extranjera directa en los estados de México: un análisis de cadenas de Markov espaciales

Contact Info

Product

Resources

About