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La violencia en Latinoamérica y sus efectos sobre la inversión y la educación/Violence in Latin America and its Effects in Investment an Education

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  • OSPINA PLAZA , NATALIA

    ()
    (Departamento de Estructura e Historia Económica y Economía Pública. UNIVERSIDAD DE ZARAGOZA)

  • GIMÉNEZ ESTEBAN, GREGORIO

    ()
    (Departamento de Estructura e Historia Económica y Economía Pública. UNIVERSIDAD DE ZARAGOZA.)

Abstract

La región de América Latina se caracteriza por tener las tasas más elevadas de violencia criminal. La elevada violencia, además de traducirse en graves consecuencias sociales, conlleva efectos económicos trascendentales. El presente trabajo trata de profundizar en estos efectos. El mismo ofrece un estudio de la literatura sobre los principales efectos económicos de la violencia. El estudio se acompaña de un análisis de datos de panel para los países de la región, durante el periodo 1995 – 2002, que investiga en la relación entre violencia e inversión en capital físico y humano. Del análisis se desprende que la violencia afecta negativamente a la inversión en capital físico y, a partir de un determinado umbral, a la conclusión de los niveles educativos primarios. The region of Latin America is characterized by having the highest rates of criminal violence. This violence has burning social end economics effects. This paper tries to go into these effects in depth. We make a review of the literature about main economic consequences of violence. In addition, we present a panel data for Latin American countries during the period 1995 to 2002, which analyses the relationship between violence and investment in physical and human capital. This analysis confirms that violence affects negatively to investment in physical capital, and, from a certain threshold, to the primary completion rate.

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Bibliographic Info

Article provided by Estudios de Economía Aplicada in its journal Estudios de Economía Aplicada.

Volume (Year): 27 (2009)
Issue (Month): (Diciembre)
Pages: 781 (22 págs)

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Handle: RePEc:lrk:eeaart:27_3_13

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Keywords: Violencia; inversión; capital humano; educación; América Latina ; Violence; investment; human capital; education; Latin America.;

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References

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  1. Gary S. Becker, 1968. "Crime and Punishment: An Economic Approach," Journal of Political Economy, University of Chicago Press, University of Chicago Press, vol. 76, pages 169.
  2. Cao, Liqun & Solomon Zhao, Jihong, 2005. "Confidence in the police in Latin America," Journal of Criminal Justice, Elsevier, Elsevier, vol. 33(5), pages 403-412.
  3. Kristin J. Forbes, 2000. "A Reassessment of the Relationship between Inequality and Growth," American Economic Review, American Economic Association, American Economic Association, vol. 90(4), pages 869-887, September.
  4. Jérôme Vandenbussche & Philippe Aghion & Costas Meghir, 2006. "Growth, distance to frontier and composition of human capital," Journal of Economic Growth, Springer, Springer, vol. 11(2), pages 97-127, June.
  5. Bourguignon Francois, 2009. "Crime as a Social Cost of Poverty and Inequality: A Review Focusing on Developing countries," REVISTA DESARROLLO Y SOCIEDAD, UNIVERSIDAD DE LOS ANDES-CEDE.
  6. Heather Berkman, 2007. "Social Exclusion and Violence in Latin America and the Caribbean," Research Department Publications, Inter-American Development Bank, Research Department 4534, Inter-American Development Bank, Research Department.
  7. Miron, Jeffrey A, 2001. "Violence, Guns, and Drugs: A Cross-Country Analysis," Journal of Law and Economics, University of Chicago Press, University of Chicago Press, vol. 44(2), pages 615-33, October.
  8. Fajnzylber, Pablo & Lederman, Daniel & Loayza, Norman, 2002. "What causes violent crime?," European Economic Review, Elsevier, Elsevier, vol. 46(7), pages 1323-1357, July.
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