Analysis of internationalization process of Bric countries with the Grubel and Lloyd index
DOI:
https://doi.org/10.18568/1980-4865.8283-98Keywords:
Internationalization, FDI, Grubel and Lloyd indexAbstract
This research aims to show the internationalization of the BRIC (Brazil, Russia, India and China) through the application of the Grubel and Lloyd index in the period 1994-2009. The hypothesis is that the BRIC countries have shown a growth in the internationalization process, as reflected by increased levels of productive investment in other countries. The research is the application method of the Grubel and Lloyd index in the flows of foreign direct investment and foreign investment by residents abroad in the period 1994-2009, in the BRIC countries. The results showed an increase in the Grubel and Lloyd index related to foreign investment flows, which suggests that companies from the BRIC countries have been increasing productive investment in other countries by the same way that the companies from the advanced economies in order to maximize profits through internationalization.Downloads
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