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Foreign direct investment and the performance of Brazilian exports

Author

Listed:
  • Elaine Aparecida Fernandes
  • Antonio Carvalho Campos

Abstract

Brazil, in the 1990s, assumed a remarkable position as a host of foreign direct investment. It is worth mentioning that the service sector received the highest proportion of foreign investment. This market seeking strategy was responsible for the growth of the Brazilian imports. The results are confirmed by the performance of foreign enterprises into different groups of activities. Those enterprises with majority of foreign capital have increased their imports the most from 1995 to 2000. Therefore, during the 1995-2000 period, this study does not support the view that foreign investment has directly improved the performance of the Brazilian exporting sector. JEL Classification: F23.

Suggested Citation

  • Elaine Aparecida Fernandes & Antonio Carvalho Campos, 2008. "Foreign direct investment and the performance of Brazilian exports," Brazilian Journal of Political Economy, Center of Political Economy, vol. 28(3), pages 490-509.
    • Handle: RePEc:ekm:repojs:v:28:y:2008:i:3:p:490-509:id:539
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    File URL: https://centrodeeconomiapolitica.org.br/repojs/index.php/journal/article/view/539/537
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    Cited by:

    1. Nathalia Rios Ballesteros & Thomas Goda, 2017. "Natural resource-seeking FDI inflows and current account deficits in commodity-producing developing economies," Documentos de Trabajo de Valor Público 15298, Universidad EAFIT.

    More about this item

    Keywords

    Foreign direct investment; exports and transnational enterprises;

    JEL classification:

    • F23 - International Economics - - International Factor Movements and International Business - - - Multinational Firms; International Business

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