Skip Navigation


Cambridge Journal of Economics Advance Access originally published online on February 2, 2007
Cambridge Journal of Economics 2007 31(3):393-411; doi:10.1093/cje/bel046
This Article
Right arrow Full Text
Right arrow Full Text (PDF)
Right arrow All Versions of this Article:
31/3/393    most recent
bel046v1
Right arrow Alert me when this article is cited
Right arrow Alert me if a correction is posted
Services
Right arrow Email this article to a friend
Right arrow Alert me to new issues of the journal
Right arrow Add to My Personal Archive
Right arrow Download to citation manager
Right arrow Search for citing articles in:
ISI Web of Science (1)
Right arrowRequest Permissions
Google Scholar
Right arrow Articles by Durand, C.
Right arrow Search for Related Content
Related Collections
Right arrow L14 - Transactional Relationships; [...]
Right arrow F23 - Multinational Firms; International Business
Right arrow O19 - International Linkages to Development; [...]
Right arrow O54 - Latin America; Caribbean
Social Bookmarking
Add to CiteULike   Add to Connotea   Add to Del.icio.us  
What's this?

© The Author 2007. Published by Oxford University Press on behalf of the Cambridge Political Economy Society. All rights reserved.

Externalities from foreign direct investment in the Mexican retailing sector

Cédric Durand*

* Lyon I University, CEMI-EHESS and CEPN Paris

Address for correspondence: CEPN-CNRS-UMR7115, UFR de Sciences Economiques, 99 ave. Jean-Baptiste Clément, 93430 VILLETANEUSE, France; email: cdurand{at}ehess.fr

This contribution to the discussion on the impact of foreign direct investment in developing countries is based on an empirical study of the consequences of transnational corporations' presence in the Mexican retailing sector, particularly Wal-Mart. First, it is shown that the arrival of foreign firms accelerates the modernisation but has a negative impact on local firms' performance as well as local worker remuneration as a result of the growing competitive pressure in the sector. Second, the changes that occurred in supply chain governance and the tremendous increase of imports initiated by Wal-Mart are described, and some probable implications for local suppliers are suggested.

Key Words: Foreign direct investment • Retailing • Mexico • Spillovers • Trade

JEL classifications: F23, L14, O19, O54

Manuscript received April 11, 2005; final version received April 7, 2006.


Add to CiteULike CiteULike   Add to Connotea Connotea   Add to Del.icio.us Del.icio.us    What's this?


This article has been cited by other articles:


Home page
 J ECON GEOGRHome page
N. Wrigley and M. Lowe
Introduction: Transnational retail and the global economy
J. Econ. Geogr., July 1, 2007; 7(4): 337 - 340.
[Full Text] [PDF]


Disclaimer:
Please note that abstracts for content published before 1996 were created through digital scanning and may therefore not exactly replicate the text of the original print issues. All efforts have been made to ensure accuracy, but the Publisher will not be held responsible for any remaining inaccuracies. If you require any further clarification, please contact our Customer Services Department.