Foreign direct investment and the performance of Brazilian exports

Vol. 28 No. 3 (2008)

Jul-Sep / 2008
Published July 1, 2008
PDF-Portuguese (Português (Brasil))
PDF-Portuguese (Português (Brasil))

How to Cite

Fernandes, Elaine Aparecida, and Antonio Carvalho Campos. 2008. “Foreign Direct Investment and the Performance of Brazilian Exports”. Brazilian Journal of Political Economy 28 (3):490-509. https://centrodeeconomiapolitica.org/repojs/index.php/journal/article/view/539.

Foreign direct investment and the performance of Brazilian exports

Elaine Aparecida Fernandes
Departamento de Economia Rural da Universidade Federal de Viçosa, Minas Gerais
Antonio Carvalho Campos
Departamento de Economia Rural da Universidade Federal de Viçosa, Minas Gerais,
Brazilian Journal of Political Economy, Vol. 28 No. 3 (2008), Jul-Sep / 2008, Pages 490-509

Abstract

Brazil, in the 1990s, assumed a remarkable position as a host of foreign direct investment. It is worth mentioning that the service sector received the highest proportion of foreign investment. This market seeking strategy was responsible for the growth of the Brazilian imports. The results are confirmed by the performance of foreign enterprises into different groups of activities. Those enterprises with majority of foreign capital have increased their imports the most from 1995 to 2000. Therefore, during the 1995-2000 period, this study does not support the view that foreign investment has directly improved the performance of the Brazilian exporting sector.

JEL Classification: F23.


Keywords: Foreign direct investment exports and transnational enterprises