Foreign Direct Investment in Latin America during the Emergence of China and India : Stylized Facts
In spite of the growing concerns about foreign direct investment being diverted from Latin America to China and India, the best available data show that Latin America has performed relatively well since 1997. Foreign capital stocks from OECD countr...
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| Format: | Policy Research Working Paper |
| Language: | English |
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World Bank, Washington, DC
2012
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| Online Access: | http://documents.worldbank.org/curated/en/2007/09/8339193/foreign-direct-investment-latin-america-during-emergence-china-india-stylized-facts http://hdl.handle.net/10986/7363 |
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okr-10986-73632021-04-23T14:02:34Z Foreign Direct Investment in Latin America during the Emergence of China and India : Stylized Facts Cravino, Javier Lederman, Daniel Olarreaga, Marcelo AVERAGE EXCHANGE RATE BOOK VALUES CALCULATIONS CAPITAL FORMATION CAPITAL STOCKS CENTRAL AMERICA CENTRAL AMERICAN CORPORATIONS CURRENCY DEVELOPING COUNTRIES DEVELOPMENT BANK ECONOMIC ANALYSIS EXCHANGE RATE FINANCIAL SUPPORT FIXED CAPITAL FOREIGN CAPITAL FOREIGN DIRECT INVESTMENT FOREIGN INVESTMENT HOST COUNTRIES HOST COUNTRY HOST ECONOMIES HOST ECONOMY INTERNATIONAL BANK INTERNATIONAL FINANCIAL STATISTICS INVESTMENT DECISIONS LATIN AMERICAN MANUFACTURING MONETARY FUND PRICE INDEX REGRESSION ANALYSIS WAGES WORTH In spite of the growing concerns about foreign direct investment being diverted from Latin America to China and India, the best available data show that Latin America has performed relatively well since 1997. Foreign capital stocks from OECD countries and the United States in particular in China and India are still far from those in the largest Latin American economies. The evidence shows that foreign capital stocks in China increased more than in Latin America during 1990-1997, but not as much since 1997. In fact, Latin America has actually performed better than China since 1997 given its lack of relative growth. The growth of foreign capital stocks in India was more stable than in China. Nonetheless, after controlling for shocks emanating from the source countries and bilateral distance between source and host countries, this paper finds a significant change in foreign capital stocks relative to China between 1990 and 1997, but no change relative to India. 2012-06-06T21:57:13Z 2012-06-06T21:57:13Z 2007-09 http://documents.worldbank.org/curated/en/2007/09/8339193/foreign-direct-investment-latin-america-during-emergence-china-india-stylized-facts http://hdl.handle.net/10986/7363 English Policy Research Working Paper; No. 4360 CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo/ World Bank World Bank, Washington, DC Publications & Research :: Policy Research Working Paper Publications & Research Latin America & Caribbean South Asia East Asia and Pacific India China |
| repository_type |
Digital Repository |
| institution_category |
Foreign Institution |
| institution |
Digital Repositories |
| building |
World Bank Open Knowledge Repository |
| collection |
World Bank |
| language |
English |
| topic |
AVERAGE EXCHANGE RATE BOOK VALUES CALCULATIONS CAPITAL FORMATION CAPITAL STOCKS CENTRAL AMERICA CENTRAL AMERICAN CORPORATIONS CURRENCY DEVELOPING COUNTRIES DEVELOPMENT BANK ECONOMIC ANALYSIS EXCHANGE RATE FINANCIAL SUPPORT FIXED CAPITAL FOREIGN CAPITAL FOREIGN DIRECT INVESTMENT FOREIGN INVESTMENT HOST COUNTRIES HOST COUNTRY HOST ECONOMIES HOST ECONOMY INTERNATIONAL BANK INTERNATIONAL FINANCIAL STATISTICS INVESTMENT DECISIONS LATIN AMERICAN MANUFACTURING MONETARY FUND PRICE INDEX REGRESSION ANALYSIS WAGES WORTH |
| spellingShingle |
AVERAGE EXCHANGE RATE BOOK VALUES CALCULATIONS CAPITAL FORMATION CAPITAL STOCKS CENTRAL AMERICA CENTRAL AMERICAN CORPORATIONS CURRENCY DEVELOPING COUNTRIES DEVELOPMENT BANK ECONOMIC ANALYSIS EXCHANGE RATE FINANCIAL SUPPORT FIXED CAPITAL FOREIGN CAPITAL FOREIGN DIRECT INVESTMENT FOREIGN INVESTMENT HOST COUNTRIES HOST COUNTRY HOST ECONOMIES HOST ECONOMY INTERNATIONAL BANK INTERNATIONAL FINANCIAL STATISTICS INVESTMENT DECISIONS LATIN AMERICAN MANUFACTURING MONETARY FUND PRICE INDEX REGRESSION ANALYSIS WAGES WORTH Cravino, Javier Lederman, Daniel Olarreaga, Marcelo Foreign Direct Investment in Latin America during the Emergence of China and India : Stylized Facts |
| geographic_facet |
Latin America & Caribbean South Asia East Asia and Pacific India China |
| relation |
Policy Research Working Paper; No. 4360 |
| description |
In spite of the growing concerns about
foreign direct investment being diverted from Latin America
to China and India, the best available data show that Latin
America has performed relatively well since 1997. Foreign
capital stocks from OECD countries and the United States
in particular in China and India are still far from those
in the largest Latin American economies. The evidence shows
that foreign capital stocks in China increased more than in
Latin America during 1990-1997, but not as much since 1997.
In fact, Latin America has actually performed better than
China since 1997 given its lack of relative growth. The
growth of foreign capital stocks in India was more stable
than in China. Nonetheless, after controlling for shocks
emanating from the source countries and bilateral distance
between source and host countries, this paper finds a
significant change in foreign capital stocks relative to
China between 1990 and 1997, but no change relative to India. |
| format |
Publications & Research :: Policy Research Working Paper |
| author |
Cravino, Javier Lederman, Daniel Olarreaga, Marcelo |
| author_facet |
Cravino, Javier Lederman, Daniel Olarreaga, Marcelo |
| author_sort |
Cravino, Javier |
| title |
Foreign Direct Investment in Latin America during the Emergence of China and India : Stylized Facts |
| title_short |
Foreign Direct Investment in Latin America during the Emergence of China and India : Stylized Facts |
| title_full |
Foreign Direct Investment in Latin America during the Emergence of China and India : Stylized Facts |
| title_fullStr |
Foreign Direct Investment in Latin America during the Emergence of China and India : Stylized Facts |
| title_full_unstemmed |
Foreign Direct Investment in Latin America during the Emergence of China and India : Stylized Facts |
| title_sort |
foreign direct investment in latin america during the emergence of china and india : stylized facts |
| publisher |
World Bank, Washington, DC |
| publishDate |
2012 |
| url |
http://documents.worldbank.org/curated/en/2007/09/8339193/foreign-direct-investment-latin-america-during-emergence-china-india-stylized-facts http://hdl.handle.net/10986/7363 |
| _version_ |
1764402414666907648 |