Derrames de la inversión extranjera directa y su efecto en las exportacionesuna aplicación empírica en un país emergente

  1. Mesa, Ramón Javier 1
  2. Villar, Cristina 2
  3. Pla-Barber, Jose 2
  1. 1 Universidad de Antioquia
    info

    Universidad de Antioquia

    Medellín, Colombia

    ROR https://ror.org/03bp5hc83

  2. 2 Universitat de València
    info

    Universitat de València

    Valencia, España

    ROR https://ror.org/043nxc105

Revista:
El trimestre económico

ISSN: 0041-3011 2448-718X

Ano de publicación: 2021

Título do exemplar: abril-junio

Número: 350

Páxinas: 455-482

Tipo: Artigo

DOI: 10.20430/ETE.V88I350.862 DIALNET GOOGLE SCHOLAR lock_openAcceso aberto editor

Outras publicacións en: El trimestre económico

Obxectivos de Desenvolvemento Sustentable

Resumo

This paper investigates, for the first time in the Colombian case, the indirect effects of spillovers from foreign direct investment (FDI) on the exports of national companies. At an empirical level, we used a convenience sample made of 32 exporting companies, 14 foreign affiliates, and 18 domestic companies, which maintained continuity at about 60% of the total value of the national exportable supply in the 2007-2016 period. By using a panel of data with fixed effects, we show that the positive effects of the inflow of FDI on the export of local companies are more associated with reaction mechanisms for the protection of their international markets from the so-called competition effect, and not with the export learning processes due to the knowledge, the technology, and the experience that foreign companies possess.