Efectos de Derrames de Comercio de las Empresas Transnacionales en la Industria Manufacturera Uruguaya (1990-2000)
The objective of this paper is to measure, through econometric techniques, the existence of trade spillovers from Transnational Corporations present in Uruguayan’s manufacturing sector in 1990-2000. The principal conclusions are that the export behavior of TNC affiliates is more significant than that of local firms, but this does not mean that there are important trade spillovers. The presence of TNC affiliates does not imply a greater export propensity. Between 1997 and 2000 the TNC affiliates presented a higher import propensity than local firms and there are not evidences of spillovers. In the 1990-96 period this relationship would be different, and a greater presence of TNC seems to impact positively on the import propensity of both national firms and TNC’s affiliates.
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