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Revista de Análisis del Banco Central de Bolivia
versão impressa ISSN 2304-8875
Resumo
BARRIOS GUTIERREZ, Juan Carlos. Determinants of Foreign Direct Investment in Bolivia (an institutional approach). Revista de Análisis [online]. 2019, vol.31, n.2, pp. 137-186. ISSN 2304-8875.
Abstract In order to analyze Foreign Direct Investment (FDI) determinants for its two periods of insertion corresponding to opposite paradigms this research is proposed. With their peculiarities, trióse paradigms have managed to attract significant capital flows for extractive activities. For this purpose, trie approach applied to the present investigation corresponds to that of neo-institutionalist school, which allows elucidating the effect of institutions on behavior of FDI, which is located on sectors of the national economy by using panel data techniques. Results show that "market maker" type institutions have only been relevant for attracting foreign capital to exporting primary sector, while other types of institutions do play a predominant role for FDI.
Palavras-chave : Foreign direct investment; institutions; economic activity; panel data.