Externalities from foreign direct investment in the Mexican retailing sector
基于墨西哥零售业（尤其是沃尔玛）的实证研究，发现外资进入加速了行业现代化，但加剧竞争压力，对本土企业绩效和工人薪酬产生负面影响，并改变了供应链治理，增加了进口。
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.