Vol. 13 No. 26 (2018)

Artículos

Impact of direct foreign investment on the mexican GDP by country of origin and state of destination

Published 2025-12-07

  • Isela Elizabeth Téllez-León
    • ,
  • Francisco Venegas-Martínez

Isela Elizabeth Téllez-León
Escuela Superior de Economía, Instituto Politécnico Nacional

Francisco Venegas-Martínez
Escuela Superior de Economía del Instituto Politécnico Nacional

Abstract

This paper is aimed at studying two fundamental aspects of Foreign Direct Investment (FDI), the country of origin and the State of destination, and as-sessing the impact of both variables on the Gross Domestic Product (GDP) for the Mexican case. To do this, the variance decomposition of the real GDP, coming from a VAR model, is used to estimate how much of the variability of the growth rate is explained by the IED of each State taking into account the country of origin. The main finding is that some States re-ceive considerable amounts of FDI, but they do not explain a large variability in economic growth; this is, possibly, due to linkages in the industry.

Keywords

Foreign direct investment, economic growth, econometric modeling, Mexico

PDF (Spanish)

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