Abstract

BRISENO PEREZYERA, José Israel; MARTINEZ GARCIA, Miguel Ángel  and  NEME CASTILLO, Omar. Impact of Repatriation of US FDI Profits in Latin America. Econ: teor. práct [online]. 2015, n.43, pp.73-101. ISSN 2448-7481.

We estimate the long-term effect of the repatriation of US FDI profits on a set of Latin American economies, following a panel cointegration metodology. The results suggest that investment in physical capital, labor, public expenditure on education and the repatriation of FDI profits impact on economic activity in the region. Particularly, repatriation shows a negative sign, becoming a barrier to economic growth. Thus, a regulation that competitively boosts the reinvestment would be favorable for economic performance in these countries.

Keywords : profits; reinvestment; repatriation; Latin America; economic effects.

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