Fatores Institucionais, Desenvolvimento e Competitividade Econômica: o Caso dos Países da América Latina
This study aims to determine the importance of institutional factors for the market focused on the process of economic development and global competitiveness of Latin American countries. Regressions were used in Panel Data for Fixed Effect (FE) and cross-section for the treatment of the variables representing institutional determinants. The results show the GDP per capita variables strongly influenced by Property Rights, Freedom Business, Government Size, Trade Freedom, Fiscal Freedom, but there is no influence of geographical and climatological variables. Competitiveness and Regulatory Affairs also were influenced by institutional factors. We conclude that the institutional evolution can determine economic development.
|Date of creation:||Nov 2009|
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Web page: http://www.face.ufg.br/eco/
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