English, Article edition: U.S. DIRECT INVESTMENT TO MEXICO: POLITICS, ECONOMICS, AND NAFTA GUY V.G. STEVENS

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Physical Description
  • article
Language
  • English

Edition details

Title
  • U.S. DIRECT INVESTMENT TO MEXICO: POLITICS, ECONOMICS, AND NAFTA
Author
  • GUY V.G. STEVENS
Physical Description
  • article
Notes
  • The goal of this paper is to determine whether the recent opening of the Mexican economy caused a significant change in the investment behavior of U.S. multinational firms. The first finding is that a real investment function that explained the data well through 1989 shifted dramatically thereafter. Tests indicate that the probable causes of this shift were (i) the relaxation of Mexican restrictions on direct investment after 1989 and (ii) anticipatory investment behavior after the positive conclusion of the NAFTA negotiations. Copyright 1998 Western Economic Association International.
  • RePEc:bla:coecpo:v:16:y:1998:i:2:p:197-210
Language
  • English
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