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Title: | Brazilian OFDI Determinants |
Keywords: | Brazilian multinationals Emerging economies Foreign direct investments Multinacionais brasileiras Economias emergentes Investimentos diretos estrangeiros |
Issue Date: | 2016 |
Publisher: | Taylor & Francis |
Citation: | ALCÂNTARA, J. N. de et al. Brazilian OFDI Determinants. Latin American Business Review, Binghamton, v. 17, n. 3, p. 177-205, 2016. |
Abstract: | Recently, the global economy assumed a new setting in which emerging economies began to make substantial investments in the international market. This study aimed to investigate the determinants of outward foreign direct investment from Brazil from 2002–2011. The proposed models developed included attractiveness of the host country, characteristics of home country, and firms’ strategies. The results corroborate the existing argumentations concerning adaptation of mainstream theory with respect to the realities of emerging economies. Brazilian multinationals do not internationalize their activities in pursuit of cost reduction, efficiency, or to explore new markets or natural resources of the host countries. Results show that Brazilian investments were attracted by the availability of skilled labor, openness of the host market, geographic proximity, improved financial conditions of Brazilian companies, and national companies’ strategy of reaffirmation and consolidation as global players. |
URI: | https://www.tandfonline.com/doi/abs/10.1080/10978526.2016.1209080 http://repositorio.ufla.br/jspui/handle/1/29629 |
Appears in Collections: | DAE - Artigos publicados em periódicos |
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