Instituições e investimentos privados em infraestrutura nas economias emergentes

Resumo

The objective of this study is to analyze the determinants of private investment, especially private participation in infrastructure, focusing on the institutional quality of emerging economies. The emerging economies analyzed (Argentina, Brazil, China, Chile, Colombia, India, Indonesia, Malaysia, Mexico, Paraguay, Peru, Philippines, Russia, South Africa, Turkey, Ukraine, Uruguay and Venezuela) accounted for approximately 80% of the EMBIPLUS index and 60% of the EMBIGLOBAL index, reference indexes of the J.P. Morgan bank corresponded in August 2016. The results show that most of the institutional variables analyzed, in particular, economic freedom and regulatory quality, actually explain the number of projects and the investment figure with private participation in infrastructure for the group of emerging economies analyzed in the period 1990-2015 even controlling for liquidity and global risk shocks.

Ficha do documento

Tipo

Estudo

Ano

2018

Instituição

Instituto de Pesquisa Econômica Aplicada (Ipea)

Fonte

Repositório do Ipea

Idioma

Português

Acesso

Acesso aberto

Identificador

oai:repositorio.ipea.gov.br:11058/8593

Licença

Licença Comum

Abrangência

1990 - 2015

Temas

EconomiaInfraestrutura

Palavras-chave

Países em DesenvolvimentoInvestimentos PrivadosEconomia InternacionalInfra-Estrutura EconômicaInvestimentos em infraestruturaEconomias emergentesCaracterísticas institucionais.