Rafael Eduardo Saavedra Leyva, Carlos H. Flores Orona
{"title":"La Gobernabilidad como un determinante de la inversión extranjera directa en América Latina","authors":"Rafael Eduardo Saavedra Leyva, Carlos H. Flores Orona","doi":"10.29105/ENSAYOS36.2-2","DOIUrl":null,"url":null,"abstract":"This paper shows the relationship between foreign direct investment and governance of Latin American countries. In order to avoid multicollinearity problems with the \"worldwide governance indicators\", we build up a government efficiency index. Overall, the results show that the government efficiency index has a direct and significant relationship to foreign direct investment. Therefore, this paper highlights the role of governance to attract foreign investors. En este trabajo se analiza la relacion entre la inversion extranjera directa y la gobernabilidad de los paises de America Latina. Se elabora un indice de eficiencia gubernamental que incorpora los indicadores del “ Worldwide Governance Indicators ” para evitar problemas de multicolinealidad. En general, los resultados del estudio muestran que el indice de eficiencia gubernamental exhibe una relacion positiva y significativa con la inversion extranjera directa. Por lo tanto, este trabajo destaca el rol que ostenta la gobernabilidad como mecanismo de atraccion de inversionistas extranjeros.","PeriodicalId":42950,"journal":{"name":"Ensayos-Revista de la Facultad de Educacion de Albacete","volume":null,"pages":null},"PeriodicalIF":0.4000,"publicationDate":"2017-09-28","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":"0","resultStr":null,"platform":"Semanticscholar","paperid":null,"PeriodicalName":"Ensayos-Revista de la Facultad de Educacion de Albacete","FirstCategoryId":"1085","ListUrlMain":"https://doi.org/10.29105/ENSAYOS36.2-2","RegionNum":0,"RegionCategory":null,"ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"","PubModel":"","JCR":"Q4","JCRName":"EDUCATION & EDUCATIONAL RESEARCH","Score":null,"Total":0}
引用次数: 0
Abstract
This paper shows the relationship between foreign direct investment and governance of Latin American countries. In order to avoid multicollinearity problems with the "worldwide governance indicators", we build up a government efficiency index. Overall, the results show that the government efficiency index has a direct and significant relationship to foreign direct investment. Therefore, this paper highlights the role of governance to attract foreign investors. En este trabajo se analiza la relacion entre la inversion extranjera directa y la gobernabilidad de los paises de America Latina. Se elabora un indice de eficiencia gubernamental que incorpora los indicadores del “ Worldwide Governance Indicators ” para evitar problemas de multicolinealidad. En general, los resultados del estudio muestran que el indice de eficiencia gubernamental exhibe una relacion positiva y significativa con la inversion extranjera directa. Por lo tanto, este trabajo destaca el rol que ostenta la gobernabilidad como mecanismo de atraccion de inversionistas extranjeros.