Advanced Search
MyIDEAS: Login

España y la senda de desarrollo de la inversión directa: una aproximación

Contents:

Author Info

  • Montserrat Álvarez

    ()
    (Institut d'Economia de Barcelona (IEB); Universitat de Barcelona (UB))

Registered author(s):

    Abstract

    Investment development path theory, first elaborated by John Dunning in 1981, states a U-shaped or J-shaped relationship -in four stages- between a country's international investment position (which is represented by the difference between the country's outward direct investment stock and inward direct investment stock) and its economic development level (which is represented by the country's GDP or GNP). The investment development path for Spain is studied in this paper and our conclusion is, after a descriptive analysis and an time-series econometric analysis for the 1973-1999 period, that this country follows the features of the investment development path. Currently, it would be in the third stage and going to the fourth one, having been in the first stage until 1986, when it joined European Economic Community, and having started the third stage in the middle of the nineties, due to a very important increase in outward direct investment flows. Complementary, morever, it is shown, after a cross-section econometric study, that investment development path is also valid for spanish provinces.

    Download Info

    If you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.
    File URL: http://ieb.ub.edu/aplicacio/fitxers/238929ART180.pdf
    Our checks indicate that this address may not be valid because: 404 No s'ha trobat el component (http://www.ieb.ub.edu/aplicacio/fitxers/238929ART180.pdf) (http://ieb.ub.edu/aplicacio/fitxers/238929ART180.pdf [301 Moved Permanently]--> http://www.ieb.ub.edu/aplicacio/fitxers/238929ART180.pdf). If this is indeed the case, please notify ()
    Download Restriction: no

    Bibliographic Info

    Paper provided by Institut d'Economia de Barcelona (IEB) in its series Working Papers with number 2001/11.

    as in new window
    Length: 26 pages
    Date of creation: 2001
    Date of revision:
    Handle: RePEc:ieb:wpaper:238929art180

    Contact details of provider:
    Postal: Carrer del Tinent Coronel Valenzuela 1-11, 08034 Barcelona
    Phone: 93 403 46 46
    Fax: 93 403 98 32
    Email:
    Web page: http://www.ieb.ub.edu
    More information through EDIRC

    Related research

    Keywords: Direct investment; Investment development path; Spain;

    Find related papers by JEL classification:

    References

    No references listed on IDEAS
    You can help add them by filling out this form.

    Citations

    Lists

    This item is not listed on Wikipedia, on a reading list or among the top items on IDEAS.

    Statistics

    Access and download statistics

    Corrections

    When requesting a correction, please mention this item's handle: RePEc:ieb:wpaper:238929art180. See general information about how to correct material in RePEc.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: ().

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If references are entirely missing, you can add them using this form.

    If the full references list an item that is present in RePEc, but the system did not link to it, you can help with this form.

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your profile, as there may be some citations waiting for confirmation.

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.