Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/213509 
Year of Publication: 
2018
Series/Report no.: 
Development Research Working Paper Series No. 08/2018
Publisher: 
Institute for Advanced Development Studies (INESAD), La Paz
Abstract (Translated): 
This study analyses the Foreign Direct Investment (FDI) effects on the macroeconomic dynamics of Bolivian economy. For this purpose, a Structural Vector Autoregression model (SVAR) is used. The results show the expected signs according to economic theory, which implies a positive effect of foreign investment on both economic growth and domestic investment. The latter result implies complementarity between domestic and foreign investment. FDI also plays an important role for decreasing unemployment and increasing imports, mainly intermediate and capital goods that are destined to the industrial sector as well as to infrastructure.
Subjects: 
FDI
Economic growth
Economic policies
SVAR model
JEL: 
C2
O19
O33
Document Type: 
Working Paper

Files in This Item:
File
Size





Items in EconStor are protected by copyright, with all rights reserved, unless otherwise indicated.