Abstract

NEME CASTILLO, Omar; CHIATCHOUA, Cesaire  and  BRISENO PEREZYERA, José Israel. U.S. Multinational Companies: Effects on World Poverty. Norteamérica [online]. 2021, vol.16, n.2, pp.57-97.  Epub Apr 04, 2022. ISSN 2448-7228.  https://doi.org/10.22201/cisan.24487228e.2021.2.475.

The objective of this article is to determine the effects that U.S. multinational companies have on reducing poverty in a group of forty-five upper- and middle-upper-income countries where they operated between 2009 and 2018. The authors also estimate the determining factors in attracting these companies to those countries and whether they have an effect on poverty, using a dynamic panel-data econometric methodology (SYS-GMM). They consider the total sample and sub-samples from countries based on their trade status with the United States, finding that the multinationals have a positive influence in the reduction of poverty. In addition, the significant factors in attracting them are at the same time factors that reduce poverty. As a result, they consider multinationals a central mechanism in global poverty dynamics.

Keywords : multinational companies; poverty; United States.

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