Consideraciones sobre la relación entre la inversión privada y los factores socio-políticos y judiciales en Venezuela y América Latina

Acevedo Rueda, Rafael Alexis and Mora Mora, José U. (2008): Consideraciones sobre la relación entre la inversión privada y los factores socio-políticos y judiciales en Venezuela y América Latina. Published in: Compendium No. 22 (July 2009): pp. 5-23.

Abstract

This paper studies how the socialpolitical and judicial factors have affected private investment in Venezuela and Latin America for the period 1995-2003 by means of panel data analysis. In the case of Venezuela, there is evidence that the fall in the investment rate in Venezuela has been caused by these factors. In this way, it is necessary that not only the Venezuelan government but also the other Latin American governments begin working on the creation and strengthening of institutions so that risks are reduced and stability is enhanced. In this way, it is possible to endorse a sustained economic growth and better standards of living for Latin American citizens.

• Item Type: MPRA Paper
• English Title: Considerations on the relationship between private investment and social-political and judicial factors in Venezuela and Latin America
• Language: Spanish
• Keywords: private investment, institutions, political stability, Latin American economies, panel data.
• Subjects: C - Mathematical and Quantitative Methods > C2 - Single Equation Models ; Single Variables > C23 - Panel Data Models ; Spatio-temporal Models; E - Macroeconomics and Monetary Economics > E2 - Consumption, Saving, Production, Investment, Labor Markets, and Informal Economy > E22 - Investment ; Capital ; Intangible Capital ; Capacity; G - Financial Economics > G3 - Corporate Finance and Governance > G31 - Capital Budgeting ; Fixed Investment and Inventory Studies ; Capacity; N - Economic History > N4 - Government, War, Law, International Relations, and Regulation > N46 - Latin America ; Caribbean; O - Economic Development, Innovation, Technological Change, and Growth > O1 - Economic Development > O16 - Financial Markets ; Saving and Capital Investment ; Corporate Finance and Governance

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