Artikel
Economic growth in Latin America: Structural breaks or fundamentals?
Despite having accumulated physical and human capital at significant rates, Latin America's growth has been generally disappointing. Successful growth episodes have been accompanied by surges in TFP, sound and stable macroeconomic policies, and fewer distortions and government interventions. Structural breaks are often cited as sources of the disappointing and heterogeneous growth performance of countries in Latin America. We find that, once controlled for external shocks and a measure of distortions, the behavior of per capita GDP in a sample of Latin American countries is remarkably stable.
- Sprache
-
Englisch
- Erschienen in
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Journal: Estudios de Economía ; ISSN: 0718-5286 ; Volume: 33 ; Year: 2006 ; Issue: 2 ; Pages: 141-154 ; Santiago de Chile: Universidad de Chile, Departamento de Economía
- Klassifikation
-
Wirtschaft
Empirical Studies of Economic Growth; Aggregate Productivity; Cross-Country Output Convergence
Multiple or Simultaneous Equation Models: Time-Series Models; Dynamic Quantile Regressions; Dynamic Treatment Effect Models; Diffusion Processes; State Space Models
- Thema
-
growth
Latin America
structural breaks
- Ereignis
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Geistige Schöpfung
- (wer)
-
Chumacero, Rómulo A.
Fuentes, J. Rodrigo
- Ereignis
-
Veröffentlichung
- (wer)
-
Universidad de Chile, Departamento de Economía
- (wo)
-
Santiago de Chile
- (wann)
-
2006
- Handle
- Letzte Aktualisierung
-
10.03.2025, 11:43 MEZ
Datenpartner
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Objekttyp
- Artikel
Beteiligte
- Chumacero, Rómulo A.
- Fuentes, J. Rodrigo
- Universidad de Chile, Departamento de Economía
Entstanden
- 2006
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