Investimento estrangeiro direto e comércio externo brasileiro: uma análise de dados estaduais por equações simultâneas

Abstract

This paper analyzes a relationship between the flow of foreign direct investment and foreign trade of Brazilian states between 2000 and 2005, using panel data in the apparently uncorrelated regression model (SUR) through simultaneous equations. The dependent variables used were the foreign direct investment flow from the issuing countries to the Brazilian states. In addition, the dependent variables used were the dependent variables for trade relations, in which they were used and used by the federations. As explanatory variables incorporated into the model were distant from the state capital to the capital of the country sending the direct investment, a location used as a proxy for the infrastructure, which was used as paved roads and highways, as other explanations were: the product The state gross domestic product, such as the state population, also used the gross domestic product and the country population, the ICMS, the salary, the similarity index, a factor endowment, and human capital that qualify the qualification of the workforce. Data were analyzed selected for each year and then the results were analyzed in aggregate. The results obtained were similar to the aggregate form as to the disaggregated form, the factors that affect the attraction of foreign direct investment and the state Gross Domestic Product (GDP) and the similarity index. For state exports and imports, the factor that most attributes to the trade flow of Brazilian states is the state Gross Domestic Product (GDP).