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Instituciones y crecimiento económico: ¿consenso en la literatura?

Listed author(s):
  • Fernández-Torres, Yakira

    ()

    (Universidad de Extremadura)

  • Díaz-Casero, Juan Carlos

    ()

    (Universidad de Extremadura)

  • Ramajo-Hernández, Julián

    ()

    (Universidad de Extremadura)

El objetivo de este trabajo es analizar el grado de consenso alcanzado en la literatura científica sobre el impacto de las instituciones en el crecimiento económico, diferenciando en tres dimensiones según sean instituciones de naturaleza económica, política o social; así como su importancia y si es necesario promoverlas secuencialmente. Después de una revisión bibliográfica desde 1990 hasta hoy, como principal conclusión destacamos que, en general, los autores revisados constatan un efecto positivo de las instituciones económicas y el capital social y negativo si se trata de inestabilidad política, mientras para la libertad política se erigen resultados menos claros; así como se ha detectado la insuficiencia de estudios sobre las diferencias en impacto y necesidad de secuencias de implementación entre dimensiones, evidenciando la existencia de un amplio y necesario análisis pendiente. The aim of this paper is to analyze the degree of consensus in the literature on the impact of institutions on economic growth, for which we differentiate between three dimensions: economic, political and social institutions. After a literature review from 1990 to today, as main conclusion we find that, generally, the revised authors find a positive effect of economic institutions and social capital and negative effect of political instability, while political freedom has less clear results. On the other hand, it can also be concluded that there are insufficient studies on the differences in the estimated effects and the sequence of implementation between dimensions, showing the necessity of more empirical analysis about this topic.

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Article provided by Asociación Española de Ciencia Regional in its journal INVESTIGACIONES REGIONALES - Journal of REGIONAL RESEARCH.

Volume (Year): (2017)
Issue (Month): 37 ()
Pages: 155-185

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Handle: RePEc:ris:invreg:0343
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