RT Journal Article
T1 The impact of transportation investment, road transportation and telecommunications on FDI in Latin America 2008-2021
A1 Hernández Soto, Gonzalo
A1 Martínez Cobas, Francisco Xavier
K1 5310.07 Inversión Exterior
AB In this paper, we examine the effects of logistic infrastructures as determinants of foreign investment in LatinAmerica and the Caribbean from 2008 to 2021. We analyze the data using panel data and a feasible generalizedleast squares model. Our findings indicate that FDI tends to flow to countries with adequate transport andtelecommunications infrastructure, although the availability of an electricity grid suitable for the needs of investorsis the most significant factor in Latin America. We also determined that there is a limit beyond whichinvestment in transportation infrastructure does not contribute to attracting foreign investment. Furthermore,our analysis shows that the region attracts FDI due to new market opportunities and lower production costs. Wealso find that the economic opening in Latin America discourages investment by neighboring investors, highlightingthe importance of policies that balance foreign capital attraction with respect to international agreementswith neighboring countries.
PB Transport Economics and Management
SN 29498996
YR 2024
FD 2024-12
LK http://hdl.handle.net/11093/7385
UL http://hdl.handle.net/11093/7385
LA eng
NO Transport Economics and Management, 2: 45-57 (2024)
DS Investigo
RD 11-dic-2024