Consideraciones sobre la relación entre la inversión privada y los factores socio-políticos y judiciales en Venezuela y América Latina

Considerations on the relationship between private investment and social-political and judicial factors in Venezuela and Latin America

Rafael Alexis Acevedo Rueda and José Mora ()

MPRA Paper from University Library of Munich, Germany

Abstract: This paper studies how the socialpolitical and judicial factors have affected private investment in Venezuela and Latin America for the period 1995-2003 by means of panel data analysis. In the case of Venezuela, there is evidence that the fall in the investment rate in Venezuela has been caused by these factors. In this way, it is necessary that not only the Venezuelan government but also the other Latin American governments begin working on the creation and strengthening of institutions so that risks are reduced and stability is enhanced. In this way, it is possible to endorse a sustained economic growth and better standards of living for Latin American citizens.

Keywords: private investment; institutions; political stability; Latin American economies; panel data. (search for similar items in EconPapers)
JEL-codes: C23 E22 G31 N46 O16 (search for similar items in EconPapers)
Date: 2008-09-27, Revised 2009-10-08
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (1)

Published in Compendium 22 (2009): pp. 5-23

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Persistent link: https://EconPapers.repec.org/RePEc:pra:mprapa:58685

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