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Inversión extranjera directa y crecimiento económico en México: 1940-2010

Author

Listed:
  • Jose Romero

    (El Colegio de México)

Abstract

En este trabajo se analiza el impacto de la inversión extranjera directa sobre la productividad del trabajo para el período 1940-2010. Se plantea una función producción que relaciona el producto agregado con el trabajo, y capital de tres tipos: privado nacional, extranjero y público. De la función de producción en niveles se obtuvo una relación en términos de tasas de crecimiento y dado que las variables en niveles están cointegradas se agregó un término de corrección de errores. Se realizó una prueba de cambio estructural, la cual nos indica la necesidad de estimar dos modelos, uno para el período 1940-1980 y otro para el período 1984-2010. En ambas estimaciones se encuentra un efecto positivo del capital extranjero (acumulación de IED), privado nacional y público, sobre la productividad del trabajo, pero con muy diferentes valores, lo que refleja la importancia de la estructura para determinar el impacto de la IED. En el primer período el crecimiento está liderado por la inversión pública, pero también se encuentra que el impacto de la inversión extranjera sobre la productividad del trabajo es mayor que el de la privada nacional. En el segundo período el crecimiento es liderado por la inversión privada nacional y sorprendentemente se registra un efecto muy reducido de la inversión extranjera, lo que podría deberse precisamente al cambio estructural.

Suggested Citation

  • Jose Romero, 2012. "Inversión extranjera directa y crecimiento económico en México: 1940-2010," Serie documentos de trabajo del Centro de Estudios Económicos 2012-12, El Colegio de México, Centro de Estudios Económicos.
    • Handle: RePEc:emx:ceedoc:2012-12
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    References listed on IDEAS

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    More about this item

    Keywords

    Mexican economy; economic growth; foreign direct investment;
    All these keywords.

    JEL classification:

    • O54 - Economic Development, Innovation, Technological Change, and Growth - - Economywide Country Studies - - - Latin America; Caribbean
    • O11 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Macroeconomic Analyses of Economic Development
    • 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

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