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Do Multinational Enterprises Matter for Economic Development? The Role of Free Trade Agreements in High and Upper-Middle Income Countries
Cesaire Chiatchoua
omar neme
Acceso Abierto
Atribución-NoComercial-SinDerivadas
2007-8846
https://doi.org/10.21696/rcsl132420231540
Multinational Enterprises
Human Development Index
Free Trade Agreements
Economic Development Countries
"The aim of the paper is to determine the effect of Multinational Enterprises on economic development, measured by the Human Development Index, in a group of 58 high and upper-middle income countries where they operated from 2005-2016, while considering the role of free trade agreements. We follow a robust dynamic panel data econometric methodology. For our analysis, we considered the total sample and sub-samples of countries based on their trade status. The results indicate that Multinational Enterprises drive economic development by favoring the expansion of people’s capabilities. Therefore, measured by added value, the economic activity of this type of company tends to enrich the life of society as well as the fundamental freedoms in the foreign country in which they operate. The effects of Multinational Enterprises on economic development are higher in countries with a large number of Free Trade Agreements, which means that intensification of free trade favors the MNE’s role in social goals".
El Colegio de San Luis, A.C.
2023-12
Artículo
Revista de El Colegio de San Luis
Inglés
Estudiantes
Investigadores
Maestros
Público en general
Chiatchoua, C., & Neme Castillo, O. (2023). Do Multinational Enterprises Matter for Economic Development? The Role of Free Trade Agreements in High and Upper-Middle Income Countries. Revista de El Colegio de San Luis, 13(24), 1–41. https://doi.org/10.21696/rcsl132420231540
CIENCIAS SOCIALES
Versión publicada
publishedVersion - Versión publicada
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