Work area(s):
Foreign direct investment and income inequality in Latin America: a sectoral analysis
- Author:
Author:
Suanes, Macarena -
- Physical Description: páginas. 45-6
- UN Symbol (Signature): LC/G.2676-P
- Date: April 1, 2016
Description
Abstract:
This paper analyses the relationship between foreign direct investment (FDI) and income inequality in Latin America. In particular, it estimates the effect of FDI from a sectoral perspective, identifying three major sectors: the primary sector, manufacturing industry and services. Using a data panel for 13 economies in the 1980-2009 period, empirical evidence was found for a positive effect of FDI on income inequality in the service and manufacturing sectors.