The Determinants of Foreign Direct Investment in Ecuador: Empirical Analysis of the Period 2002-2017

Detalhes bibliográficos
Autor(a) principal: Rivera, Mauricio
Data de Publicação: 2021
Outros Autores: Solórzano Jimenez, Daniel, Pulgar, Karol, Naranjo Navas, Christian Paúl
Tipo de documento: Artigo
Idioma: spa
Título da fonte: Sapienza (Curitiba)
Texto Completo: https://journals.sapienzaeditorial.com/index.php/SIJIS/article/view/43
Resumo: The objective of this research is to identify the determinants that stimulate foreign direct investment (FDI) in Ecuador between 2002 and 2017. Using ordinary least squares estimates and an autoregressive vector model (VAR), it is empirically verified that the degree of openness of he economy and labor productivity are positively related to FDI, which indicates that the investments of transnational companies (TNCs) are oriented towards the strategy of seeking markets and efficiency. Meanwhile, gross domestic product, inflation, the real exchange rate, and labor cost were less important
id SAPIENZA_63fbbec83e068c0703efec656f1612d2
oai_identifier_str oai:ojs2.journals.sapienzaeditorial.com:article/43
network_acronym_str SAPIENZA
network_name_str Sapienza (Curitiba)
repository_id_str
spelling The Determinants of Foreign Direct Investment in Ecuador: Empirical Analysis of the Period 2002-2017Los Determinantes de la Inversión Extranjera Directa en el Ecuador: Análisis Empírico del Periodo 2002-2017Os determinantes do investimento estrangeiro direto no Equador: análise empírica do período 2002-2017 inversión exntrajera directacrecimiento económicodeterminantesInvestimento estrangeiro direto, crescimento econômico, determinantes, choques.Foreign direct investment shockseconomic growthdeterminantsThe objective of this research is to identify the determinants that stimulate foreign direct investment (FDI) in Ecuador between 2002 and 2017. Using ordinary least squares estimates and an autoregressive vector model (VAR), it is empirically verified that the degree of openness of he economy and labor productivity are positively related to FDI, which indicates that the investments of transnational companies (TNCs) are oriented towards the strategy of seeking markets and efficiency. Meanwhile, gross domestic product, inflation, the real exchange rate, and labor cost were less importantEl objetivo de esta investigación es identificar los determinantes que estimulan la inversión extranjera directa (IED) en Ecuador entre 2002 y 2017.  Mediante estimaciones de mínimos cuadrados ordinarios y un modelo de vectores autorregresivos (VAR) se comprueba empíricamente que el grado de apertura de la economía y la productividad del trabajo se relacionan positivamente con la IED, lo que indica que las inversiones de las empresas transnacionales (ET) están orientadas a la estrategia de búsqueda de mercados y eficiencia. Mientras tanto, fueron menos importantes el producto interno bruto, la inflación el tipo de cambio real y el costo laboral.O objetivo desta pesquisa é identificar os determinantes que estimulam o investimento estrangeiro direto (IED) no Equador entre 2002 e 2017. Usando estimativas de mínimos quadrados ordinários e um modelo vetorial autorregressivo (VAR), verifica-se empiricamente que o grau de abertura do A economia e a produtividade do trabalho relacionam-se positivamente com o IDE, o que indica que os investimentos das empresas transnacionais (TNCs) estão orientados para a estratégia de procura de mercados e eficiência. Enquanto isso, o produto interno bruto, a inflação, a taxa de câmbio real e o custo da mão de obra eram menos importantes.Sapienza Grupo Editorial2021-03-30info:eu-repo/semantics/articleinfo:eu-repo/semantics/publishedVersionPeer-reviewed articleArtículo revisado por paresArtigo avaliado pelos paresapplication/pdfhttps://journals.sapienzaeditorial.com/index.php/SIJIS/article/view/4310.51798/sijis.v2i1.43Sapienza: International Journal of Interdisciplinary Studies; Vol. 2 No. 1 (2021): Studies and interdisciplinary essays in Economics, Politics and Society; 12-26Sapienza: International Journal of Interdisciplinary Studies; Vol. 2 Núm. 1 (2021): Estudios y ensayos interdisciplinarios en Economía Política y Sociedad; 12-26Sapienza: International Journal of Interdisciplinary Studies; v. 2 n. 1 (2021): Estudos e ensaios interdisciplinares em Economia, Política e Sociedade; 12-262675-978010.51798/sijis.v2i1reponame:Sapienza (Curitiba)instname:Sapienza Grupo Editorialinstacron:SAPIENZAspahttps://journals.sapienzaeditorial.com/index.php/SIJIS/article/view/43/17Copyright (c) 2021 Mauricio Rivera, Daniel Solórzano Jimenez, Karol Pulgar, Christian Paúl Naranjo Navashttps://creativecommons.org/licenses/by-nc-nd/4.0info:eu-repo/semantics/openAccessRivera, MauricioSolórzano Jimenez, DanielPulgar, KarolNaranjo Navas, Christian Paúl2021-03-30T18:36:58Zoai:ojs2.journals.sapienzaeditorial.com:article/43Revistahttps://journals.sapienzaeditorial.com/index.php/SIJISPRIhttps://journals.sapienzaeditorial.com/index.php/SIJIS/oaieditor@sapienzaeditorial.com2675-97802675-9780opendoar:2023-01-12T16:42:46.962774Sapienza (Curitiba) - Sapienza Grupo Editorialfalse
dc.title.none.fl_str_mv The Determinants of Foreign Direct Investment in Ecuador: Empirical Analysis of the Period 2002-2017
Los Determinantes de la Inversión Extranjera Directa en el Ecuador: Análisis Empírico del Periodo 2002-2017
Os determinantes do investimento estrangeiro direto no Equador: análise empírica do período 2002-2017
title The Determinants of Foreign Direct Investment in Ecuador: Empirical Analysis of the Period 2002-2017
spellingShingle The Determinants of Foreign Direct Investment in Ecuador: Empirical Analysis of the Period 2002-2017
Rivera, Mauricio
inversión exntrajera directa
crecimiento económico
determinantes
Investimento estrangeiro direto, crescimento econômico, determinantes, choques.
Foreign direct investment
shocks
economic growth
determinants
title_short The Determinants of Foreign Direct Investment in Ecuador: Empirical Analysis of the Period 2002-2017
title_full The Determinants of Foreign Direct Investment in Ecuador: Empirical Analysis of the Period 2002-2017
title_fullStr The Determinants of Foreign Direct Investment in Ecuador: Empirical Analysis of the Period 2002-2017
title_full_unstemmed The Determinants of Foreign Direct Investment in Ecuador: Empirical Analysis of the Period 2002-2017
title_sort The Determinants of Foreign Direct Investment in Ecuador: Empirical Analysis of the Period 2002-2017
author Rivera, Mauricio
author_facet Rivera, Mauricio
Solórzano Jimenez, Daniel
Pulgar, Karol
Naranjo Navas, Christian Paúl
author_role author
author2 Solórzano Jimenez, Daniel
Pulgar, Karol
Naranjo Navas, Christian Paúl
author2_role author
author
author
dc.contributor.author.fl_str_mv Rivera, Mauricio
Solórzano Jimenez, Daniel
Pulgar, Karol
Naranjo Navas, Christian Paúl
dc.subject.por.fl_str_mv inversión exntrajera directa
crecimiento económico
determinantes
Investimento estrangeiro direto, crescimento econômico, determinantes, choques.
Foreign direct investment
shocks
economic growth
determinants
topic inversión exntrajera directa
crecimiento económico
determinantes
Investimento estrangeiro direto, crescimento econômico, determinantes, choques.
Foreign direct investment
shocks
economic growth
determinants
description The objective of this research is to identify the determinants that stimulate foreign direct investment (FDI) in Ecuador between 2002 and 2017. Using ordinary least squares estimates and an autoregressive vector model (VAR), it is empirically verified that the degree of openness of he economy and labor productivity are positively related to FDI, which indicates that the investments of transnational companies (TNCs) are oriented towards the strategy of seeking markets and efficiency. Meanwhile, gross domestic product, inflation, the real exchange rate, and labor cost were less important
publishDate 2021
dc.date.none.fl_str_mv 2021-03-30
dc.type.driver.fl_str_mv info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion
Peer-reviewed article
Artículo revisado por pares
Artigo avaliado pelos pares
format article
status_str publishedVersion
dc.identifier.uri.fl_str_mv https://journals.sapienzaeditorial.com/index.php/SIJIS/article/view/43
10.51798/sijis.v2i1.43
url https://journals.sapienzaeditorial.com/index.php/SIJIS/article/view/43
identifier_str_mv 10.51798/sijis.v2i1.43
dc.language.iso.fl_str_mv spa
language spa
dc.relation.none.fl_str_mv https://journals.sapienzaeditorial.com/index.php/SIJIS/article/view/43/17
dc.rights.driver.fl_str_mv https://creativecommons.org/licenses/by-nc-nd/4.0
info:eu-repo/semantics/openAccess
rights_invalid_str_mv https://creativecommons.org/licenses/by-nc-nd/4.0
eu_rights_str_mv openAccess
dc.format.none.fl_str_mv application/pdf
dc.publisher.none.fl_str_mv Sapienza Grupo Editorial
publisher.none.fl_str_mv Sapienza Grupo Editorial
dc.source.none.fl_str_mv Sapienza: International Journal of Interdisciplinary Studies; Vol. 2 No. 1 (2021): Studies and interdisciplinary essays in Economics, Politics and Society; 12-26
Sapienza: International Journal of Interdisciplinary Studies; Vol. 2 Núm. 1 (2021): Estudios y ensayos interdisciplinarios en Economía Política y Sociedad; 12-26
Sapienza: International Journal of Interdisciplinary Studies; v. 2 n. 1 (2021): Estudos e ensaios interdisciplinares em Economia, Política e Sociedade; 12-26
2675-9780
10.51798/sijis.v2i1
reponame:Sapienza (Curitiba)
instname:Sapienza Grupo Editorial
instacron:SAPIENZA
instname_str Sapienza Grupo Editorial
instacron_str SAPIENZA
institution SAPIENZA
reponame_str Sapienza (Curitiba)
collection Sapienza (Curitiba)
repository.name.fl_str_mv Sapienza (Curitiba) - Sapienza Grupo Editorial
repository.mail.fl_str_mv editor@sapienzaeditorial.com
_version_ 1797051607018373120