<?xml version="1.0" encoding="ISO-8859-1"?><article xmlns:mml="http://www.w3.org/1998/Math/MathML" xmlns:xlink="http://www.w3.org/1999/xlink" xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance">
<front>
<journal-meta>
<journal-id>0186-1042</journal-id>
<journal-title><![CDATA[Contaduría y administración]]></journal-title>
<abbrev-journal-title><![CDATA[Contad. Adm]]></abbrev-journal-title>
<issn>0186-1042</issn>
<publisher>
<publisher-name><![CDATA[Universidad Nacional Autónoma de México, Facultad de Contaduría y Administración]]></publisher-name>
</publisher>
</journal-meta>
<article-meta>
<article-id>S0186-10422019000100005</article-id>
<article-id pub-id-type="doi">10.22201/fca.24488410e.2018.1288</article-id>
<title-group>
<article-title xml:lang="es"><![CDATA[Inversión extranjera directa, apertura económica y crecimiento económico en América Latina]]></article-title>
<article-title xml:lang="en"><![CDATA[Foreign direct investment, economic opening and economic growth in Latin American]]></article-title>
</title-group>
<contrib-group>
<contrib contrib-type="author">
<name>
<surname><![CDATA[Cruz Vásquez]]></surname>
<given-names><![CDATA[Miguel]]></given-names>
</name>
<xref ref-type="aff" rid="Aff"/>
</contrib>
<contrib contrib-type="author">
<name>
<surname><![CDATA[Mendoza Velázquez]]></surname>
<given-names><![CDATA[Alfonso]]></given-names>
</name>
<xref ref-type="aff" rid="Aff"/>
</contrib>
<contrib contrib-type="author">
<name>
<surname><![CDATA[Pico González]]></surname>
<given-names><![CDATA[Beatriz]]></given-names>
</name>
<xref ref-type="aff" rid="Aff"/>
</contrib>
</contrib-group>
<aff id="Af1">
<institution><![CDATA[,Universidad Popular Autónoma del Estado de Puebla  ]]></institution>
<addr-line><![CDATA[ ]]></addr-line>
<country>Mexico</country>
</aff>
<pub-date pub-type="pub">
<day>00</day>
<month>03</month>
<year>2019</year>
</pub-date>
<pub-date pub-type="epub">
<day>00</day>
<month>03</month>
<year>2019</year>
</pub-date>
<volume>64</volume>
<numero>1</numero>
<fpage>0</fpage>
<lpage>0</lpage>
<copyright-statement/>
<copyright-year/>
<self-uri xlink:href="http://www.scielo.org.mx/scielo.php?script=sci_arttext&amp;pid=S0186-10422019000100005&amp;lng=en&amp;nrm=iso"></self-uri><self-uri xlink:href="http://www.scielo.org.mx/scielo.php?script=sci_abstract&amp;pid=S0186-10422019000100005&amp;lng=en&amp;nrm=iso"></self-uri><self-uri xlink:href="http://www.scielo.org.mx/scielo.php?script=sci_pdf&amp;pid=S0186-10422019000100005&amp;lng=en&amp;nrm=iso"></self-uri><abstract abstract-type="short" xml:lang="es"><p><![CDATA[Resumen Los modelos de crecimiento endógeno consideran al Grado de Apertura Económica (GAE) y a la Inversión Extranjera Directa (IED) como determinantes fundamentales del crecimiento económico. El objetivo de este artículo es evaluar el impacto de las variables GAE e IED sobre el crecimiento económico para dieciocho países de América Latina durante el período 1996-2014. A través de la estimación de un modelo de Vectores Autoregresivos con datos panel, los resultados muestran una relación dinámica entre las tres variables para la muestra total de países y para los países con nivel de crecimiento alto, pero no para los países con crecimiento bajo y medio. Obtuvimos efectos opuestos de corto y largo plazo de la apertura económica sobre el crecimiento económico, positivos para la muestra completa y negativos para los países con alto crecimiento; mientras que efectos negativos de la IED sobre el crecimiento tanto para la muestra completa como para los países con más alto crecimiento.]]></p></abstract>
<abstract abstract-type="short" xml:lang="en"><p><![CDATA[Abstract The models of endogenous growth consider the Degree of Economic Openness (DEO) and the Foreign Direct Investment (FDI) as fundamental determinants of the economic growth. The objective of this article is to evaluate the impact of the DEO and FDI variables on the economic growth for eighteen Latin American countries during the period 1996-2014. Through the estimation of an Autoregressive Vectors model with panel data, the results show a dynamic relation among the three variables only for the total sample of countries and the high growth countries, but not for the low and median growth countries. We got short and long run opposite effects of the DEO on the economic growth, positive for the total sample of countries and negative for the high growth countries; while negative effects of the FDI on the growth so much for the total sample as for the high growth countries.]]></p></abstract>
<kwd-group>
<kwd lng="es"><![CDATA[Inversión extranjera directa]]></kwd>
<kwd lng="es"><![CDATA[Grado de apertura económica]]></kwd>
<kwd lng="es"><![CDATA[Crecimiento económico]]></kwd>
<kwd lng="es"><![CDATA[Latinoamérica]]></kwd>
<kwd lng="es"><![CDATA[Vectores auto regresivos]]></kwd>
<kwd lng="en"><![CDATA[Foreign direct investment]]></kwd>
<kwd lng="en"><![CDATA[Degree of economic opening]]></kwd>
<kwd lng="en"><![CDATA[Economic growth]]></kwd>
<kwd lng="en"><![CDATA[Latin America]]></kwd>
<kwd lng="en"><![CDATA[Autoregressive vectors]]></kwd>
</kwd-group>
</article-meta>
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