Economic growth in Latin America: the role of investment and other growth sources

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cepal.bibLevelDocumento Completo
cepal.callNumberINT UN/EC 65(36/2005)
cepal.callNumberLC/L.2341-P
cepal.divisionEngEconomic Development Division
cepal.divisionSpaDivisiĆ³n de Desarrollo EconĆ³mico
cepal.docTypeSeries
cepal.idSade22008
cepal.jobNumberS0506450 E
cepal.physicalDescriptiongrƔficos, tablas
cepal.regionalOfficeSantiago
cepal.saleNumber05.II.G.84
cepal.topicEngPRODUCTIVITY
cepal.topicEngINVESTMENT
cepal.topicEngPUBLIC INCOME AND EXPENDITURE
cepal.topicSpaPRODUCTIVIDAD
cepal.topicSpaINVERSIƓN
cepal.topicSpaINGRESOS Y GASTOS PƚBLICOS
cepal.workareaEngECONOMIC DEVELOPMENT
cepal.workareaEngSTATISTICS
cepal.workareaSpaDESARROLLO ECONƓMICO
cepal.workareaSpaESTADƍSTICAS
dc.contributor.authorGutiƩrrez, Mario A.
dc.contributor.entityNU. CEPAL. DivisiĆ³n de Desarrollo EconĆ³mico
dc.coverage.spatialEngLATIN AMERICA
dc.coverage.spatialSpaAMERICA LATINA
dc.date.accessioned2014-01-02T16:11:53Z
dc.date.available2014-01-02T16:11:53Z
dc.date.issued2005-06
dc.descriptionIncludes bibliography
dc.description.abstractThis research produced evidence about the contribution of investment and other sources to the growth process of Latin America during 1960-2002, and provided answers to the questions listed above unless from an historical perspective. The combined growth accounting and regression analysis, and used data for the six largest Latin American countries: Argentina, Brazil, Chile, Colombia, Mexico, and Venezuela. These countries produce nearly 90 per cent of Latin America's GDP. Alternative growth accounting methodologies were used to measure the contributions of the sources of growth to GDP growth during 1960-2002. The study also provides evidence of the effects of investments in machinery and equipment and construction structures, and the effects of private and public investment on per capita GDP growth. The research found evidence of the primary role played by total factor productivity in explaining the difference between fast and slow growth experiences. Extending the traditional growth accounting approach did not change this conclusion. It also found that investment in machinery and equipment, and private investment were most effective in raising per capita GDP growth, but that key policy related variables, including education, were essential ingredients contributing to per capita GDP growth. Evidence of mutual causality between private investment and growth, and inconclusive evidence regarding the incidence of FDI and infrastructure on private investment were also found in this research.
dc.formatTexto
dc.format.extent66 pƔginas.
dc.format.mimetypeapplication/pdf
dc.identifier.isbn9211215560
dc.identifier.unSymbolLC/L.2341-P
dc.identifier.urihttps://hdl.handle.net/11362/5399
dc.language.isoeng
dc.physicalDescription66 p. : grƔfs., tabls.
dc.publisherECLAC
dc.publisher.placeSantiago
dc.relation.isPartOfSeriesSerie MacroeconomĆ­a del Desarrollo
dc.relation.isPartOfSeriesNo36
dc.rights.coarDisponible
dc.subject.unbisEngCAPITAL CITIES
dc.subject.unbisEngECONOMIC ANALYSIS
dc.subject.unbisEngECONOMIC GROWTH
dc.subject.unbisEngINVESTMENTS
dc.subject.unbisEngPRODUCTIVITY
dc.subject.unbisSpaANALISIS ECONOMICO
dc.subject.unbisSpaCAPITALES
dc.subject.unbisSpaCRECIMIENTO ECONOMICO
dc.subject.unbisSpaINVERSIONES
dc.subject.unbisSpaPRODUCTIVIDAD
dc.titleEconomic growth in Latin America: the role of investment and other growth sources
dc.type.coarlibro
dspace.entity.typePublication
relation.isAuthorOfPublication5c94612f-c693-4f09-bd42-6e1b197f154a
relation.isAuthorOfPublication.latestForDiscovery5c94612f-c693-4f09-bd42-6e1b197f154a
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