Os impactos da abertura comercial e do investimento direto sobre o investimento doméstico
DOI:
https://doi.org/10.1590/0101-41614734lnrPalavras-chave:
Investimento, Abertura Comercial, Dados em Painel, Efeito LimiarResumo
O principal objetivo deste estudo é estimar os efeitos do comércio e do investimento direto estrangeiro (IDE) sobre o investimento doméstico e testar se esses efeitos dependem do nível de renda e do desenvolvimento financeiro dos países. Para isso, o presente estudo modifica o modelo de painel dinâmico com efeito limiar de Kremer, Bick e Nautz (2013) - permitindo um número maior de regressores endógenos - e utiliza uma base de dados composta por 95 países no período de 1985 a 2013. Os resultados sugerem que o comércio afeta positivamente o investimento doméstico. Por outro lado, o efeito do IDE sobre o investimento doméstico é negativo em ambos os regimes de renda e nos países de baixo desenvolvimento financeiro.
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