This paper considers internal and external determinants of Foreign Direct Investment in South America. Internal determinants are those which are unique to each country in question, and external determinants are common among all countries in question. An empirical analysis was conducted using data from twelve countries in South America: Argentina, Brazil, Bolivia, Chile, Columbia, Ecuador, Guyana, Paraguay, Peru, Suriname, Uruguay, Venezuela. The dataset spans from 1990 to 2020. A fixed effects multivariate linear regression was conducted on one internal variable and three external variables. Evidence suggests that external factors and internal factors both have bearing over FDI net inflows but may have differing degrees.
Bachelor of Science (B.S.)
College of Business Administration
Length of Campus-only Access
Leme, Lucas A., "The Determinants of FDI in South America" (2023). Honors Undergraduate Theses. 1458.