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Integration Agreements, FDI and Structural Reforms. An Analysis of the Determinants of European Investment in Latin America

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  • Alessia LO TURCO

    () (Universita' Politecnica delle Marche, Dipartimento di Economia)

Abstract

This study addresses the topic of the determinants of EU FDI in Latin America, especially in MERCOSUR countries, having care to disentangle the role of the integration agreement from other national policies inspired from the general sub-continental reform effort occurred in the last decades.;The results obtained from the analysis suggest a strong role both for the policy frame of structural reforms and, especially, the MERCOSUR agreement in determining FDI inflows into the Latin American region.

Suggested Citation

  • Alessia LO TURCO, 2005. "Integration Agreements, FDI and Structural Reforms. An Analysis of the Determinants of European Investment in Latin America," Working Papers 229, Universita' Politecnica delle Marche (I), Dipartimento di Scienze Economiche e Sociali.
  • Handle: RePEc:anc:wpaper:229
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    References listed on IDEAS

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    1. Laura Alfaro & Andrés Rodriguez-Clare, 2004. "Multinationals and Linkages: An Empirical Investigation," ECONOMIA JOURNAL OF THE LATIN AMERICAN AND CARIBBEAN ECONOMIC ASSOCIATION, ECONOMIA JOURNAL OF THE LATIN AMERICAN AND CARIBBEAN ECONOMIC ASSOCIATION, vol. 0(Spring 20), pages 113-169, January.
    2. Eduardo Lora, 2001. "Structural Reforms in Latin America: What Has Been Reformed and How to Measure It," IDB Publications (Working Papers) 3338, Inter-American Development Bank.
    3. Daniel Chudnovsky & Andres Lopez & Gaston Rossi, 2008. "Foreign Direct Investment Spillovers and the Absorptive Capabilities of Domestic Firms in the Argentine Manufacturing Sector (1992-2001)," Journal of Development Studies, Taylor & Francis Journals, vol. 44(5), pages 645-677.
    4. Robert E. Lipsey, 2002. "Home and Host Country Effects of FDI," NBER Working Papers 9293, National Bureau of Economic Research, Inc.
    5. Alessia LO TURCO, 2005. "The EU-Mercosur Association Process. An Analysis of Bilateral Trade," Working Papers 224, Universita' Politecnica delle Marche (I), Dipartimento di Scienze Economiche e Sociali.
    6. Bielschowsky, Ricardo & Moguillansky, Graciela & Pini, Claudio, 2001. "Investment and economic reform in Latin America," Libros de la CEPAL, Naciones Unidas Comisión Económica para América Latina y el Caribe (CEPAL), number 63 edited by Eclac.
    7. Escaith, Hubert & Paunovic, Igor, 2004. "Reformas estructurales en América Latina y el Caribe en el período 1970-2000," Documentos de Proyectos 10, Naciones Unidas Comisión Económica para América Latina y el Caribe (CEPAL).
    8. Hofman, André A., 2000. "The economic development of Latin America in the twentieth century," Copublicaciones, Naciones Unidas Comisión Económica para América Latina y el Caribe (CEPAL), number 1650 edited by Eclac, September.
    9. Daniel Chudnovsky & Andrés López, 2004. "Transnational corporations' strategies and foreign trade patterns in MERCOSUR countries in the 1990s," Cambridge Journal of Economics, Oxford University Press, vol. 28(5), pages 635-652, September.
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    Cited by:

    1. Roberto ESPOSTI & Pierpaolo PIERANI, 2005. "Price, Private Demand and Optimal Provision of Public R&D in Italian Agriculture," Working Papers 238, Universita' Politecnica delle Marche (I), Dipartimento di Scienze Economiche e Sociali.

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