Foreign Direct Investment and Economic Growth in the Pacific Alliance countries

Resumen

Este artículo analiza empíricamente la relación entre la inversión extranjera directa (IED) y el crecimiento económico (CE) en los países de la Alianza del Pacífico. Se utilizaron datos trimestrales para cada variable y se aplicaron pruebas de raíz unitaria, cointegración y causalidad. Además, se estimó un modelo multivariante de corrección de errores y funciones de impulso respuesta. Las principales hipótesis fueron que la IED fomenta el crecimiento económico de los países receptores y que el crecimiento económico contribuye a atraer mayores flujos de IED. Los resultados mostraron que, en algunos países, la inversión extranjera promueve el crecimiento económico y, a su vez, el CE contribuye a atraer mayores flujos de inversión. Sin embargo, en otros casos, esta relación no se mantiene. Estos resultados sugieren que factores como la infraestructura, el desarrollo del mercado financiero, la estabilidad macroeconómica, la calidad institucional y el capital humano son determinantes para maximizar los beneficios de la IED.

Palabras clave:

Inversión extranjera directa Crecimiento económico Integración económica

Citas

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