U.S. Multinational Companies: Effects on Global Poverty

  • Omar Neme Castillo Instituto Politécnico Nacional. Escuela Superior de Economía
  • Cesaire Chiatchoua Instituto Politécnico Nacional. Escuela Superior de Economía. Sección de Estudios de Posgrado e Investigación.
  • José Israel Briseño Perezyera Instituto Politécnico Nacional. Escuela Superior de Economía. Sección de Estudios de Posgrado e Investigación.

Abstract

The objective of this article is to determine the effect of U.S Multinational Companies (US-MNC) in reducing poverty in a group of 45 high- and upper-middle-income countries where they have operated for the period 2009-2018. The determining factors of the attraction of US-MNC to these countries are also estimated and it is verified whether they affect poverty. A dynamic panel data econometric methodology (sys-GMM) is used. For the analysis, the total sample and sub-samples of countries are considered based on their commercial status with the United States. It is found that US-MNC positively influence poverty reduction and that the significant determinants of their attraction are at the same time poverty reducing factors. Consequently, the EU-MNCs can be considered as a central mechanism of the global dynamics of poverty.

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Published
2021-08-26
How to Cite
Neme Castillo, O., Chiatchoua, C., & Briseño Perezyera, J. I. (2021). U.S. Multinational Companies: Effects on Global Poverty. Norteamérica, Revista Académica Del CISAN-UNAM, 16(2). https://doi.org/10.22201/cisan.24487228e.2021.2.475
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