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dc.coverage.spatialMedellín de: Lat: 06 15 00 N degrees minutes Lat: 6.2500 decimal degrees Long: 075 36 00 W degrees minutes Long: -75.6000 decimal degreeseng
dc.creatorRios Ballesteros, Nathalia
dc.creatorGoda, Thomas
dc.date.available2017-02-02T20:37:38Z
dc.date.issued2017-01-24
dc.identifier.urihttp://hdl.handle.net/10784/11212
dc.description.abstractNatural resource-seeking foreign direct investment (FDI) rose substantially during the last two decades as global commodity prices soared. This type of FDI typically is expected to improve the current accounts of recipient countries. Notwithstanding the commodity boom, however, current account balances of many commodity-producing developing economies were negative during 1995–2013. Considering 31 commodity-producing countries, we find that the average net effect of a 1% increase in natural resource-seeking FDI was a 0.23% decline in the current account (measured as percentage of GDP). This surprising result can be explained by the repatriation of profits.spa
dc.language.isoengspa
dc.publisherUniversidad EAFITspa
dc.rightsinfo:eu-repo/semantics/openAccesseng
dc.titleNatural resource-seeking FDI inflows and current account deficits in commodity-producing developing economiesspa
dc.typeworkingPaperspa
dc.rights.accessRightsopenAccessspa
dc.publisher.departmentEscuela de Economía y Finanzasspa
dc.type.spaDocumento de trabajo de investigaciónspa
dc.subject.keywordForeign Direct Investment (FDI); net primary income (NPI); profit repatriation; current account; balance of payments; natural resourcesspa
dc.rights.accesoLibre accesospa
dc.date.accessioned2017-02-02T20:37:38Z
dc.type.hasVersiondrafspa
dc.contributor.eafitauthornriosba@eafit.edu.cospa
dc.contributor.eafitauthoratorres7@eafit.edu.cospa
dc.identifier.jelF21; O11; O24


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