Political freedom and its influence in technical efficiency in Latin America: An approach through the stochastic frontier / Liberdade politica e sua influencia na eficiÃncia tÃcnica na amÃrica latina: Uma abordagem atravÃs da fronteira estocÃstica

AUTOR(ES)
DATA DE PUBLICAÇÃO

2008

RESUMO

The organization of society in the form of political institutions, economic and legal has gained space in the current debate, institutional features such as bureaucracy, political instability, political system, civil liberty, political rights, corruption among others, are able to influence the economic performance creating a favorable environment for promoting growth and economic development of countries. In the last century Latin America has gone through various levels of political freedom. In this scenario, this study aims to examine the influence of the political freedom in the technical efficiency of the Latin American countries during the period from 1972 to 2000. The model used was the model of stochastic frontier on data in panel proposed by Battese and Coelli (1995), which is possible in a first stage, classify the countries in the technical efficiency, and a second stage to estimate the inefficiency technique for variables that freedom measuring political, civil, education and income. The results show that these variables have an effect in inefficiency, and show the influence of political freedom in technical efficiency.

ASSUNTO(S)

ciencias sociais aplicadas polÃtica eficiÃncia efficiency, policy, latin america amÃrica latina

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