The role of institutions in the relationship between foreign debt and economic growth in Latin American countries, 2000-2019
This article studies the role of institutional quality, through indicators of governance, in the relationship between external debt and economic growth in Latin American countries during the period 2000-2019. The panel coefficient estimation technique (fully modified OLS) is used. The estimates sugg...
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| Materiálatiipa: | article |
| Giella: | spa |
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2022
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| Fáttát: | |
| Liŋkkat: | https://estudioseconomicos.bce.fin.ec/index.php/RevistaCE/article/view/392 |
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Lasit fáddágilkoriid | _version_ | 1858113931356143616 |
|---|---|
| author | Mideros, Andrés |
| author2 | Abad, Galo |
| author2_role | author |
| author_facet | Mideros, Andrés Abad, Galo |
| author_role | author |
| collection | Revista Cuestiones Económicas |
| dc.creator.none.fl_str_mv | Mideros, Andrés Abad, Galo |
| dc.date.none.fl_str_mv | 2022-06-30 |
| dc.format.none.fl_str_mv | application/pdf text/html |
| dc.identifier.none.fl_str_mv | https://estudioseconomicos.bce.fin.ec/index.php/RevistaCE/article/view/392 10.47550/RCE/32.1.5 |
| dc.language.none.fl_str_mv | spa |
| dc.publisher.none.fl_str_mv | Banco Central del Ecuador |
| dc.relation.none.fl_str_mv | https://estudioseconomicos.bce.fin.ec/index.php/RevistaCE/article/view/392/307 https://estudioseconomicos.bce.fin.ec/index.php/RevistaCE/article/view/392/318 |
| dc.rights.none.fl_str_mv | info:eu-repo/semantics/openAccess |
| dc.source.none.fl_str_mv | Cuestiones Económicas; Vol. 32 Núm. 1 (2022): Revista Cuestiones Económicas; Autores: Galo Abad y Andrés Mideros 2697-3367 2697-3367 reponame:Revista Cuestiones Económicas instname:Banco Central del Ecuador instacron:BCE |
| dc.subject.none.fl_str_mv | Institutions economic Growth foreign debt Instituciones Gobernanza Crecimiento económico Deuda externa |
| dc.title.none.fl_str_mv | The role of institutions in the relationship between foreign debt and economic growth in Latin American countries, 2000-2019 El rol de las instituciones en la relación entre deuda externa y el crecimiento económico en países de América Latina, 2000-2019 |
| dc.type.none.fl_str_mv | info:eu-repo/semantics/article info:eu-repo/semantics/publishedVersion Artículos de Investigación |
| description | This article studies the role of institutional quality, through indicators of governance, in the relationship between external debt and economic growth in Latin American countries during the period 2000-2019. The panel coefficient estimation technique (fully modified OLS) is used. The estimates suggest that improving institutional quality increases the positive impacts of external debt on GDP growth. This leads to the need to implement measures to improve institutional quality, because poor debt management, such as deviations tonon-productive activities, have their origin in institutional failures. |
| eu_rights_str_mv | openAccess |
| format | article |
| id | REVCUESTEC_bbd8bb81057b3e112450f9e5de2202c7 |
| identifier_str_mv | 10.47550/RCE/32.1.5 |
| instacron_str | BCE |
| institution | BCE |
| instname_str | Banco Central del Ecuador |
| language | spa |
| network_acronym_str | REVCUESTEC |
| network_name_str | Revista Cuestiones Económicas |
| oai_identifier_str | oai:estudioseconomicos.bce.fin.ec:article/392 |
| publishDate | 2022 |
| publisher.none.fl_str_mv | Banco Central del Ecuador |
| reponame_str | Revista Cuestiones Económicas |
| repository.mail.fl_str_mv | |
| repository.name.fl_str_mv | Revista Cuestiones Económicas - Banco Central del Ecuador |
| repository_id_str | |
| spelling | The role of institutions in the relationship between foreign debt and economic growth in Latin American countries, 2000-2019El rol de las instituciones en la relación entre deuda externa y el crecimiento económico en países de América Latina, 2000-2019Mideros, AndrésAbad, GaloInstitutionseconomic Growthforeign debtInstitucionesGobernanzaCrecimiento económicoDeuda externaThis article studies the role of institutional quality, through indicators of governance, in the relationship between external debt and economic growth in Latin American countries during the period 2000-2019. The panel coefficient estimation technique (fully modified OLS) is used. The estimates suggest that improving institutional quality increases the positive impacts of external debt on GDP growth. This leads to the need to implement measures to improve institutional quality, because poor debt management, such as deviations tonon-productive activities, have their origin in institutional failures.Este artículo estudia el rol de la calidad institucional, a través de indicadores de gobernanza, en la relación entre deuda externa y crecimiento económico en países de América Latina durante el periodo 2000-2019. Se utiliza la técnica de estimación de coeficientes de panel (MCO totalmente modificado), donde las estimaciones sugieren que la mejora de la calidad institucional aumenta los impactos positivos de la deuda externa en el crecimiento del PIB. Esto conlleva a la necesidad de implementar medidas para mejorar la calidad institucional, debido a que una mala gestión de la deuda, como desvíos hacia actividades no productivas, tienen su origen en fallas de institucionalidad.Banco Central del Ecuador2022-06-30info:eu-repo/semantics/articleinfo:eu-repo/semantics/publishedVersionArtículos de Investigaciónapplication/pdftext/htmlhttps://estudioseconomicos.bce.fin.ec/index.php/RevistaCE/article/view/39210.47550/RCE/32.1.5Cuestiones Económicas; Vol. 32 Núm. 1 (2022): Revista Cuestiones Económicas; Autores: Galo Abad y Andrés Mideros2697-33672697-3367reponame:Revista Cuestiones Económicasinstname:Banco Central del Ecuadorinstacron:BCEspahttps://estudioseconomicos.bce.fin.ec/index.php/RevistaCE/article/view/392/307https://estudioseconomicos.bce.fin.ec/index.php/RevistaCE/article/view/392/318info:eu-repo/semantics/openAccess2022-08-02T16:09:31Zoai:estudioseconomicos.bce.fin.ec:article/392Portal de revistashttps://estudioseconomicos.bce.fin.ec/index.php/RevistaCEOrganismo de gobiernowww.bce.fin.echttps://estudioseconomicos.bce.fin.ec/index.php/RevistaCE/oaiEcuadoropendoar:2022-08-02T16:09:31falsePortal de revistashttps://estudioseconomicos.bce.fin.ec/index.php/RevistaCEOrganismo de gobiernowww.bce.fin.echttps://estudioseconomicos.bce.fin.ec/index.php/RevistaCE/oaiEcuadoropendoar:2022-08-02T16:09:31Revista Cuestiones Económicas - Banco Central del Ecuadorfalse |
| spellingShingle | The role of institutions in the relationship between foreign debt and economic growth in Latin American countries, 2000-2019 Mideros, Andrés Institutions economic Growth foreign debt Instituciones Gobernanza Crecimiento económico Deuda externa |
| status_str | publishedVersion |
| title | The role of institutions in the relationship between foreign debt and economic growth in Latin American countries, 2000-2019 |
| title_full | The role of institutions in the relationship between foreign debt and economic growth in Latin American countries, 2000-2019 |
| title_fullStr | The role of institutions in the relationship between foreign debt and economic growth in Latin American countries, 2000-2019 |
| title_full_unstemmed | The role of institutions in the relationship between foreign debt and economic growth in Latin American countries, 2000-2019 |
| title_short | The role of institutions in the relationship between foreign debt and economic growth in Latin American countries, 2000-2019 |
| title_sort | The role of institutions in the relationship between foreign debt and economic growth in Latin American countries, 2000-2019 |
| topic | Institutions economic Growth foreign debt Instituciones Gobernanza Crecimiento económico Deuda externa |
| url | https://estudioseconomicos.bce.fin.ec/index.php/RevistaCE/article/view/392 |