haku: @indexterm trade policy / yhteensä: 743
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| Tekijä: | Kokko, A. Zejan, M. Tansini, R. |
| Otsikko: | Trade regimes and spillover effects of FDI: evidence from Uruguay |
| Lehti: | Weltwirtschaftliches Archiv
2001 : VOL. 137:1, p. 124-149 |
| Asiasana: | Foreign investment Direct investment Trade policy Uruguay South America |
| Vapaa asiasana: | FDI |
| Kieli: | eng |
| Tiivistelmä: | This paper examines differences in the character and impact of foreign direct investments (FDI) entering Uruguay during import substitution, pursued until 1973, and the subsequent more outward-oriented trade regime. Regression analysis shows that the labor productivity of local firms is positively related to the presence of older import-substituting multinational companies (MNCs) in their industry. The presence of foreign affiliates established after 1973 has no apparent impact on local productivity, but seems to raise the likelihood that local firms engage in exporting. |
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