2018
DOI: 10.36095/banxico/di.2018.03
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El efecto de la incertidumbre en la inversión extranjera directa: el caso de México

Abstract: This paper investigates the effect of uncertainty on FDI flows into the Mexican manufacturing sector during the period 2007-2015. Using a panel of manufacturing subsectors, we estimate a model by System GMM that includes domestic and external factors, as well as idiosyncratic (i.e. that affect manufacturing subsectors in a particular way) and aggregate (i.e. that affect all manufacturing subsectors in general) uncertainty measures as explicative variables. We also perform some simulations to quantify the effec… Show more

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