Foreign direct investment, exports and domestic performance in Mexico: a causality analysis

被引:38
|
作者
Alguacil, MT
Cuadros, A
Orts, V
机构
[1] Univ Jaume 1 Castellon, Dept Econ, E-12071 Castellon de La Plana, Spain
[2] Univ Jaume 1 Castellon, Inst Int Econ, E-12071 Castellon de La Plana, Spain
关键词
Mexico; openness; exports; foreign direct investment; Granger causality;
D O I
10.1016/S0165-1765(02)00150-7
中图分类号
F [经济];
学科分类号
02 ;
摘要
Most empirical work on the effects of outward-oriented policies in developing countries has identified openness with trade. However, openness involves much more than just trade. This paper analyses the relationship among trade, foreign direct investment and domestic income in Mexico during the period 1980.I to 1999.IV. On the basis of the Granger non-causality procedure recently developed by Toda and Yamamoto [Journal of Econometrics 66 (1995) 225] and Dolado and Lutkepohl [Econometric Review 15 (1996) 369], the results support the effectiveness of the outward-looking orientation policy in this country. (C) 2002 Elsevier Science B.V. All rights reserved.
引用
收藏
页码:371 / 376
页数:6
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