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This document analyzes foreign direct investment (FDI) in Latin America and the Caribbean (LAC) by comparing determinants of FDI between LAC and other developing regions from 1975-2005. It finds that infrastructure attracts FDI to LAC, while high government debt and constraints on the executive discourage FDI in non-LAC developing countries. The study uses more robust estimators than previous research to control for country fixed effects and endogeneity.

Author

xsxsxsxsxs

Language

EN