簡易檢索 / 詳目顯示

回結果列表
研究生： 歐斯托
Torres, Agustin Peña
論文名稱： Foreign Direct Investment in Mexico: The Determinant Factors of FDI Location Throughout the Mexican States
Foreign Direct Investment in Mexico: The Determinant Factors of FDI Location Throughout the Mexican States
指導教授： 偉耶倫
Webb, Alan
學位類別： 碩士
Master
系所名稱： 管理學院 - 國際經營管理研究所碩士班
Institute of International Management (IIMBA--Master)
論文出版年： 2011
畢業學年度： 99
語文別： 英文
論文頁數： 56
外文關鍵詞： Foreign Direct Investment (FDI), Determinants, Mexico
相關次數： 點閱：63  下載：1 
分享至:
查詢本校圖書館目錄 查詢臺灣博碩士論文知識加值系統 勘誤回報

    • Arguments about what are the factors that attract Foreign Direct Investment have been debated for a long time. Of course conditions in different countries and regions will account for different factors. This study is focused on the measurement of the determinants of Foreign Direct Investment throughout the 32 states of Mexico. Although many studies have measured the relation between FDI and other variables in the globe, it has only been tested once within the Mexican territory. With the purpose of improving the attractiveness of the Mexican states for FDI income flows, this study determines what factors drive Foreign Direct Investment inside Mexico. Our results from 2006 to 2008 indicate that FDI has a strong and positive relation with GDP and Public Investment in Electric Infrastructure (PIEI) and a negative correlation with GDP per capita and Economically Active Population, portraying a tendency of FDI been directed to low income states.

    ACKNOWLEDGEMENTS I ABSTRACT II TABLE OF CONTENTS III LIST OF TABLES VI LIST OF FIGURES VII CHAPTER ONE INTRODUCTION 1 1.1 Research Motivation. 1 1.2 Research Objectives. 7 1.3 Research Contributions. 7 1.4 Research Procedure. 7 1.5 The Structure of the Study. 8 CHAPTER TWO LITERATURE REVIEW 9 2.1 Research Background. 9 2.1.1 Definitions. 9 2.1.2 Classification of Theories of FDI. 13 2.1.3 Theories on Micro Level. 15 2.1.4 Development Theory of FDI, Investment Development Path Theory (IDP). 18 2.1.5 Global Studies of the Determinants of the Locations of FDI. 20 2.1.6 Inside Country Studies on the Determinants of Location of FDI. 23 2.1.7 Study Applied to Mexico. 23 2.2 Special Conditions and Factors that Affects FDI in Mexico. 26 2.2.1 Geography. 26 2.2.2 Macroeconomic Indicators. 29 2.2.3 Petroleum. 29 2.2.4 Remittances. 30 2.2.5 Regulation. 30 2.2.6 NAFTA. 31 2.3 Hypothesis. 32 CHAPTER THREE RESEARCH DESIGN AND METHODOLOGY 34 3.1 Graphic Model. 34 3.2 Research Model. 34 3.3 Data Collection. 35 3.4 Definition of Variables. 36 CHAPTER FOUR DATA ANALYSIS 37 4.1 Introduction. 37 4.2 Data Collection, Limitations and Availability. 38 4.3 Explanation of Variables. 41 4.3.1 Gross Domestic Product (GDP). 41 4.3.2 GDP Per Capita.(GDP/CP) 41 4.3.3 Persons with Master Degree (PMD). 41 4.3.4 Average of Years of Schooling (AS). 41 4.3.5. Total Number of Schools (TS). 42 4.3.6 Electricity Users (EU). 42 4.3.7 Houses with Water Supply (HWS). 42 4.3.8 Economically Active Persons (EAP). 42 4.3.9 Unemployed Persons (UP). 43 4.3.10 Public Investment in Electric Infrastructure (PIEI). 43 4.3.11 Local Felonies (LF). 43 4.4 Regression Analysis. 43 4.4.1 Model 1. 44 4.4.2 Models 2, 3, 4 and 5. “Alternative Specifications” 45 4.4.3 Other results 47 CHAPTER FIVE CONCLUSIONS 48 APPENDIX 51 REFERENCES 53

    Agarwal, J. (1980). Determinants of foreign direct investment: A survey. Review of World Economics, 116(4), 739-773.
    Artal, A., Fernández, J., & Domingo, M. (2003). Relaciones entre la inversion extranjera directa y los flujos comerciales OCDE - Argentina durante los años 90: Estrategias multinacionales. Paper presented at the VIII Jornadas de Economia Internacional.
    Bellak, C. (2000). The investment development path of Austria. Paper presented at the Inst. für Volkswirtschaftstheorie u.-politik, Abt. für Quantitative Volkswirtschaftstheorie.
    Bénassy-Quéré, A., Coupet, M., & Mayer, T. (2007). Institutional determinants of foreign direct investment. World Economy, 30(5), 764-782.
    Bikker, J. A. (1987). An international ikade flow model with substitution: An extension of the gravity model. Kyklos International Review for Social Sciences, 40(3), 315-337.
    Bittencourt, G., & Domingo, R. (2002). FDI determinants and impact on Mercosur. University of the Republic.
    Blonigen, B. (1997). Firm-specific assets and the link between exchange rates and foreign direct investment. The American Economic Review, 87(3), 447-465.
    Brenton, P., Di Mauro, F., & Lücke, M. (1999). Economic integration and FDI: An empirical analysis of foreign investment in the EU and in central and eastern Europe. Empirica, 26(2), 95-121.
    Buckley, P., & Castro, F. (1998). The investment development path: The case of Portugal. Transnational Corporations, 7, 1-16.
    Calvet, A. (1981). A synthesis of foreign direct investment theories and theories of the multinational firm. Journal of International Business Studies, 12(1), 43-59.
    Cheng, L. K., & Kwan, Y. K. (2000). What are the determinants of the location of foreign direct investment? The Chinese experience. Journal of International Economics, 51(2), 379-400.
    Clavijo, F., & Valdivieso, S. (2000). Structural reforms and macroeconomic policy: The Mexican case 1982-1999. Economic Reforms Series, 67.
    Congreso de los Estados Unidos Mexicanos. (1993). Foreign Investment Law. Retrieved from http://www.diputados.gob.mx/LeyesBiblio/pdf/44.pdf.
    Constitución Política de los Estados Unidos Mexicanos. (1917). United Mexican States Constitution. Retrieved from http://info4.juridicas.unam.mx/ijure/fed/9/1.htm?s.
    Costa, I., & De Queiroz, S. (2002). Foreign direct investment and technological capabilities in Brazilian industry. Research Policy, 31(8-9), 1431-1443.
    Coughlin, C., Terza, J., & Arromdee, V. (1991). State characteristics and the location of foreign direct investment within the United States. The Review of Economics and Statistics, 73(4), 675-683.
    Dunning, J. (1981). Explaining the international direct investment position of countries: Towards a dynamic or developmental approach. Review of World Economics, 117(1), 30-64.
    Dunning, J. (2002). Regions, globalization, and the knowledge-based economy: Oxford University Press, USA.
    Flowers, E. (1976). Oligopolistic reactions in European and Canadian direct investment in the United States. Journal of International Business Studies, 7(2), 43-55.
    Froot, K., & Stein, J. (1991). Exchange rates and foreign direct investment: An imperfect capital markets approach. The Quarterly Journal of Economics, 106(4), 1191-1217.
    Gastanaga, V., Nugent, J., & Pashamova, B. (1998). Host country reforms and FDI inflows: How much difference do they make? World Development, 26(7), 1299-1314.
    Glickman, N., & Woodward, D. (1987). Regional patterns of manufacturing foreign direct investment in the United States o. Document Number)
    Graham, E. M., & Walda, E. (2000). Domestic Reform, Trade and Investment Liberalization, Financial Crisis, and Foreign Direct Investment into Mexico. Wolrd Economy, 777-797.
    Herrin, A., & Pernia, E. (1987). Factors influencing the choice of location: Local and foreign firms in the Philippines. Regional Studies, 21(6), 531-541.
    Hymer, S. (1977). The international operations of national firms, a study of direct foreign investment. Journal of Development Economics, 4(4), 387-400.
    Instituto Nacional de Estadística Geografía e Informática. (2009). Economy and population census. Retrieved from http://www.inegi.org.mx/.
    International Monetary Fund. (1993). The Balance of Payments Manual: The Fifth Edition. Retrieved from http://www.imf.org/external/np/sta/bop/bopman.pdf.
    Jackson, S., & Markowski, S. (1995). The attractiveness of countries to foreign direct investment--implications for the Asia-Pacific region. Journal of World Trade, 29(5), 159-180.
    Knickerbocker, F. (1973). Oligopolistic reaction and multinational enterprise. The International Executive, 15(2), 7-9.
    Kumar, K., & Kim, K. (1984). The Korean manufacturing multinationals. Journal of International Business Studies, 15(1), 45-61.
    Lee, C. (1990). Direct foreign investment, structural adjustment, and international division of labor: A dynamic macroeconomic theory of direct foreign investment. Hitotsubashi Journal of Economics, 31(2), 61-72.
    Linnemann, H. (1966). An econometric study of international trade flows. Amsterdam: North-Holland Publishing Company.
    Luger, M., & Shetty, S. (1985). Determinants of foreign plant start-ups in the United States: Lessons for policymakers in the Southeast. Vanderbilt Journal of Transnational Law, 18(2), 223-245.
    Morsink, R. (1997). Corporate networking and foreign direct investment: Explaining the mosaic of geographical investment patterns under different corporate strategies. Proefschrift Erasmus Universiteit Rotterdam.
    Nunnenkamp, P. (2002). Determinants of FDI in developing countries: Has globalization changed the rules of the game?
    Organization for Economic and Co-operation and Development. (1996). The Detailed Benchmark Definition of Foreign Direct Investment: Third Edition. Retrieved from http://www.oecd.org/dataoecd/10/16/2090148.pdf.
    Organization for Economic Cooperation and Development. (2002). Foreign Direct Investment for Development: Maximising Benefits, Minimising Costs. Retrieved. from http://www.oecd.org/dataoecd/47/51/1959815.pdf.
    Ortiz, E. (1993). TLC e inversión extranjera en México. Comercio Exterior, 43, no. 10, 967-973.
    Peña, A. (2008). The Mexican federal government budget reliance on oil incomes from 2000 to 2006. Valle del Fuerte Univeristy, Los Mochis, Mexico.
    Ramirez, A. S. (2002). FDI in Mexico: The determinants of location. Universidad Autónoma de Barcelona, Barcelona, España.
    Rugman, A. (1980). Internalization as a general theory of foreign direct investment: A re-appraisal of the literature. Review of World Economics, 116(2), 365-379.
    Sathye, S. (2008). International Review of Business Research Papers Vol. 4 No. 1 January 2008 Pp. 299-309. International Review of Business Research Papers, 4(1), 299-309.
    Schneider, F., & Frey, B. (1985). Economic and political determinants of foreign direct investment. World Development, 13(2), 161-175.
    Secretaría de Agricultura Ganadería Desarrollo Rural Pesca y Alimentacion. (2000). Yearbook of Mexican agricultural production. Retrieved from http://www.sagarpa.gob.mx.
    Taylor, C. (2000). The impact of host country government policy on US multinational investment decisions. World Economy, 23(5), 635-647.
    Thorn, R. (1968). Per capita income as a measure of economic development. Journal of Economics, 28(2), 206-216.
    Trejo, B. A. (2008). The US recession effects remittances to Mexico. The Financial,
    Tsai, P. (1994). Determinants of foreign direct investment and its impact on economic growth. Journal of Economic Development, 19(1), 137-163.
    United Nations Conference on Trade and Development. (1993). Transnational Corporations and Integrated International Production. Retrieved from http://www.unctad.org/en/docs/wir1993overview_en.pdf.
    United Nations Conference on Trade and Development. (1996). Investment, Trade and International Policy Arrangements. Retrieved from http://www.unctad.org/sections/dite_dir/docs/wir96br_safarian_en.pdf.
    United Nations Conference on Trade and Development. (1998). Trends and Determinants. Retrieved from http://www.unctad.org/en/docs/wir1998_en.pdf.
    Velasco, E., Enrique, J., & Puche, J. (2004). Ten tears of NAFTA: The new Mexican millenium. El Nuevo Milenio Mexicano, 1, 163-205.
    Wheeler, D., & Mody, A. (1992). International investment location decisions: The case of US firms. Journal of International Economics, 33(1-2), 57-76.
    Zacatecas, E. S. d. (2010 September 6). Zacatecas, the state with the highest economical growth in 2008 and 2009. The Zacatecas Sun.

    下載圖示 校內：立即公開
    校外：立即公開
    QR CODE