Publication: Foreign Direct Investment in Mexico since the Approval of NAFTA
Loading...
Date
2005-12-06
ISSN
Published
2005-12-06
Editor(s)
Abstract
Cross-country panel data are used to assess the effect of free-trade agreements on flows of Foreign Direct Investment (FDI). Free-trade agreements are found to have a significant positive effect on FDI flows, and free-trade agreements are found to matter more for the smaller members of the agreement. For example, the North American Free-Trade Agreement's (NAFTA) effect on FDI flows into Mexico is much larger than its effect on flows into the United States. These cross country results are used to assess NAFTA's effect on FDI flows into Mexico. After controlling for a set of other factors such as an increase in worldwide FDI flows the trade agreement is found to generate FDI flows nearly 60 percent higher than they would have been without the agreement.
Link to Data Set
Citation
“Cuevas, Alfredo; Messmacher, Miguel; Werner, Alejandro. 2005. Foreign Direct Investment in Mexico since the Approval of NAFTA. World Bank Economic Review. © World Bank. http://hdl.handle.net/10986/16471 License: CC BY-NC-ND 3.0 IGO.”
Associated URLs
Associated content
Other publications in this report series
Journal
World Bank Economic Review
1564-698X
Journal Volume
Journal Issue
Citations
- Cited 47 times in Scopus (view citations)