This paper analyzes the impact of public investment on private investment in panel of 116 developing countries between 1980 and 2006 using dynamic panel data techniques, finding a strong and robust crowding-out effect that seems to be the norm rather than the exception, both across regions and...

This paper studies the impact of regional integration agreements (RIAs) on the location of foreign direct investment (FDI), using data on bilateral outward FDI stocks from the OECD International Direct Investment Statistics. The dataset covers FDI from 20 source countries, all of them from the...

The role of regional integration agreements as a determinant of the location of FDI has become an increasingly relevant issue for emerging economies. In Latin America, the largest effects are likely to be associated with the Free Trade Area of the Americas (FTAA). In this regard, there are a...

(Disponible en idioma inglés únicamente) El papel de los acuerdos de integración regional como factor determinante de la ubicación de la inversión extranjera directa (IED) se ha ido convirtiendo en un problema cada vez más importante para las economías en desarrollo. En América Latina,...

(Disponible en idioma inglés únicamente) En este trabajo se analizan los efectos de los acuerdos de integración regional en el destino de la inversión extranjera directa, empleándose para ello datos del volumen de inversión extranjera bilateral directa tomados de las Estadísticas sobre...

Is there a pecking order of cross-border investment in that countries become financially integrated primarily through some types of investment rather than others? Using a novel database of bilateral capital stocks for all types of investment – FDI, portfolio equity securities, debt securities...

The role of regional integration agreements as a determinant of the location of FDI has become an increasingly relevant issue for emerging economies. In Latin America, the largest effects are likely to be associated with the Free Trade Area of the Americas (FTAA). In this regard, there are a...