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Inversion Publica y Privada en Bolivia

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Author Info

  • Coronado, Patricia
  • Aguayo, Eva

Abstract

El objetivo de este trabajo es estudiar la relacion existente entre la inversion privada y publica en Bolivia en el periodo 1990-2000. Analizamos el impacto del gasto gubernamental destinado a inversion sobre la inversion privada y su impacto en el crecimiento economico de Bolivia, contrastando dos teorias: el efecto "traccion" (crowding in) y el efecto "expulsion" (crowding out). Para ello, planteamos un modelo econometrico pone de manifiesto la importancia de la politica fiscal sobre la inversion privada, como determinante del crecimiento economico de los paises en vias de desarrollo. The aim of this paper is to analyse the relationship between private and public investment in Bolivia. The effect of the governmental investment over private investment and economic growth is studied, testing rival theories that can explain the crowding in and the crowding out effects. The public expenditure in investment, targeted towards social sectors and basic infrastructure, which is complementary with private investment in Bolivia, has a crowding in effect and stimulates the Bolivian economic growth.

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File URL: http://www.usc.es/economet/reviews/eedi224.pdf
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Bibliographic Info

Article provided by Euro-American Association of Economic Development in its journal Estudios Economicos de Desarrollo Internacional.

Volume (Year): 2 (2002)
Issue (Month): 2 ()
Pages:

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Handle: RePEc:eaa:eedein:v:2:y2002:i:2_4

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