Determinantes do investimento estrangeiro direto no brasil: uma aplicação do modelo de vetores autorregressivos (var) no período 1980-2010.

This paper aims to analyze the determinants of the foreign direct investment (FDI) inflows in the Brazilian economy over the period 1980-2010. Basically, the determinants of FDI may be related to characteristics of firms and countries of origin (push factors) or locational factors (pull factors). Among the push factors analyzed in this article, stands out the influence of the GDP real growth rate in advanced economies and the rate of change of the Dow Jones Index (DJIA). As pull effects, stood out the domestic product rate of growth, the Bovespa index, the exchange rate and, in a minor degree, the Economic Freedom Index.