Fatores Institucionais, Desenvolvimento e Competitividade Econômica: o Caso dos Países da América Latina

Dnilson Carlos Dias (), Jean dos Santos Nascimento () and Rosângela Aparecida Soares Fernandes ()
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Dnilson Carlos Dias: FACE-UFG, Ciências Econômicas
Jean dos Santos Nascimento: Universidade Federal de Tocantins
Rosângela Aparecida Soares Fernandes: Universidade Federal de Viçosa

No 8, Working papers - Textos para Discussao do Curso de Ciencias Economicas da UFG from Curso de Ciencias Economicas da Universidade Federal de Goias - FACE

Abstract: 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.

Keywords: New Institutional Economics; Economic Development; Panel Data. (search for similar items in EconPapers)
JEL-codes: B25 C31 C33 (search for similar items in EconPapers)
Pages: 24 pages
Date: 2009-11
New Economics Papers: this item is included in nep-cse
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https://files.cercomp.ufg.br/weby/up/118/o/TD_008.pdf First version, 2009 (application/pdf)

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Persistent link: https://EconPapers.repec.org/RePEc:ufb:wpaper:008

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