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dc.titleFDI Flows to Paraguay: What do Investors Prioritize?
dc.contributor.authorQuijada, José Alejandro
dc.contributor.authorSierra, José David
dc.contributor.authorEspinola, Natalia
dc.contributor.orgunitCountry Office in Paraguay
dc.coverageParaguay
dc.date.available2018-08-21T00:00:00
dc.date.issue2018-08-21T00:00:00
dc.description.abstractParaguay is one of the fastest growing economies in Latin America and the Caribbean. Despite solid growth and sound macroeconomic fundamentals, foreign direct investment flows remain sluggish. Since 2004, FDI flows amount on average to 1.3% of GDP per year, well below regional values. A puzzling question is why a country with solid macroeconomic fundamentals like Paraguay is not attracting larger flows of FDI. We tackle this issue by implementing an experiment designed to shed light into investors behaviors regarding FDI choices. Our results indicate that institutional variables have a strong effect on FDI decisions, even when controlling for other potential drivers.
dc.format.extent27
dc.identifier.doihttp://dx.doi.org/10.18235/0001283
dc.identifier.urlhttps://publications.iadb.org/publications/english/document/FDI-Flows-to-Paraguay-What-do-Investors-Prioritize.pdf
dc.language.isoen
dc.mediumAdobe PDF
dc.publisherInter-American Development Bank
dc.subjectEconomic Development
dc.subjectForeign Direct Investment
dc.subject.jelcodeF2 - International Factor Movements and International Business
dc.subject.jelcodeH0 - Public Economics: General
dc.subject.keywordsParaguay;institutions;Foreign Direct Investment
dc.typeTechnical Notes
idb.identifier.pubnumberTechnical Notes
idb.operationPR-P1120
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