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Inversión extranjera directa y desigualdad en el ingreso en Latinoamérica: evidencia de la cointegración de datos de panel

Author

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  • Werner Kristjanpoller Rodríguez
  • Rodolfo Salazar Albornoz

Abstract

Este estudio muestra evidencia empírica sobre la relación entre inversión extranjera directa (FDI) y desigualdad en el ingreso en países de Latinoamérica, usando técnicas de cointegración en datos de panel. Las variables fueron modeladas con información sobre las medidas de FDI acumulada y el índice Estimated Household Income Inequality (EHII) para un panel de 10 países durante el periodo 1990-2008. El análisis empírico encuentra relación positiva, donde mayor FDI se asocia a mayor desigualdad en el ingreso, como también causalidad de largo plazo desde FDI hacia desigualdad en el ingreso, mas no en dirección opuesta. ***** This study shows empirical evidence on the relationship between inward foreign direct investment (FDI) and income inequality in Latin American countries by using panel cointegration techniques. The data was built with the measures of stock inward FDI and the income inequality index Estimated Household Income Inequality (EHII) for a 10-country panel. The empirical analysis finds long-term relationship and causality from FDI to Income Inequality but no short run causality can be concluded.

Suggested Citation

  • Werner Kristjanpoller Rodríguez & Rodolfo Salazar Albornoz, 2016. "Inversión extranjera directa y desigualdad en el ingreso en Latinoamérica: evidencia de la cointegración de datos de panel," Revista Cuadernos de Economia, Universidad Nacional de Colombia, FCE, CID, vol. 35(68), pages 433-455, January.
  • Handle: RePEc:col:000093:014173
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    References listed on IDEAS

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    More about this item

    Keywords

    inversión extranjera directa; crecimiento económico; desigualdadde ingresos; economías latinoamericanas.;
    All these keywords.

    JEL classification:

    • E22 - Macroeconomics and Monetary Economics - - Consumption, Saving, Production, Employment, and Investment - - - Investment; Capital; Intangible Capital; Capacity
    • F43 - International Economics - - Macroeconomic Aspects of International Trade and Finance - - - Economic Growth of Open Economies
    • O11 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Macroeconomic Analyses of Economic Development
    • O19 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - International Linkages to Development; Role of International Organizations

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