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The cultural, scientific and technological free zone of Mérida state: An option for local development?

Author

Listed:
  • Katty Díaz Morales

    () (Profesora Departamento de Economía. Facultad de Ciencias Económicas y Sociales. Universidad de Los Andes. Mérida, Venezuela. Código Postal 5101.)

  • Nidia Dávila Villarroel

    () (Profesora Departamento de Ciencias Económicas y Sociales. Universidad Nacional Experimental Francisco de Miranda. Santa Ana de Coro, Venezuela.)

Abstract

The ZOLCCYT was created to foster productive development within a competitive territory, accordingly, to promote local development process in Merida state through a unique system of preferential tax and customs exemption. The paper´s objective is to analyze and evaluate the ZOLCCYT with respect to local production development. To do so, we perform a comparative analysis of ex-ante and ex-post situations in relation to the project, from a baseline study performed before its implementation. The results of the area are the lack of promotion, deficient macroeconomic and political environment and an emerging institutional support that enable better economic performance.

Suggested Citation

  • Katty Díaz Morales & Nidia Dávila Villarroel, 2011. "The cultural, scientific and technological free zone of Mérida state: An option for local development?," Economía, Instituto de Investigaciones Económicas y Sociales (IIES). Facultad de Ciencias Económicas y Sociales. Universidad de Los Andes. Mérida, Venezuela, vol. 36(31), pages 111-135, January-j.
  • Handle: RePEc:ula:econom:v:36:y:2011:i:31:p:111-135
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    Keywords

    Free zone; local development; enterprises; competitive territory.;

    JEL classification:

    • R3 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - Real Estate Markets, Spatial Production Analysis, and Firm Location
    • L1 - Industrial Organization - - Market Structure, Firm Strategy, and Market Performance
    • L2 - Industrial Organization - - Firm Objectives, Organization, and Behavior

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