Economic growth in Latin America in the late 20th century: evidence and interpretation

Vista sencilla de ítem
cepal.bibLevelDocumento Completo
cepal.callNumberINT UN/EC 65(33/2005)
cepal.callNumberLC/L.2236-P
cepal.cityOfEventSantiago
cepal.dateOfEvent4-5 December 2003
cepal.divisionEngEconomic Development Division
cepal.divisionSpaDivisión de Desarrollo Económico
cepal.docTypeSeries
cepal.eventSeminar on Latin American Growth: Why so Slow?
cepal.idSade21325
cepal.jobNumberS0412975 E
cepal.physicalDescriptiongráficos, tablas
cepal.regionalOfficeSantiago
cepal.saleNumber04.II.G.156
cepal.topicEngMACROECONOMICS
cepal.topicSpaMACROECONOMÍA
cepal.workareaEngECONOMIC DEVELOPMENT
cepal.workareaSpaDESARROLLO ECONÓMICO
dc.contributor.authorSolimano, Andrés
dc.contributor.authorSoto, Raimundo
dc.contributor.entityNU. CEPAL. División de Desarrollo Económico
dc.coverage.spatialEngLATIN AMERICA
dc.coverage.spatialSpaAMERICA LATINA
dc.date.accessioned2014-01-02T16:11:52Z
dc.date.available2014-01-02T16:11:52Z
dc.date.issued2005-02
dc.descriptionIncludes bibliography
dc.description.abstractThe 1980s and 1990s have been decades of instability and slow growth for most of the Latin American region. There are exceptions, however. Chile and the Dominican Republic grew rapidly in the last decade or so although in recent years both economies, for different reasons, have entered in cycles of more sluggish growth. The purpose of this paper is to advance our understanding of the growth patterns of the Latin American economy in the final decades of the 20th century. We focus on the analysis of medium-to-long run growth, as opposed to the standard discussion of the determinants of high frequency fluctuations (business cycles), and disentangle the contribution of factor accumulation and total factor productivity. While business cycles are of interest for stabilization policies, growth cycles tend to be related to different variables from those that determine short-run growth, such as investment, human capital formation and the adoption of technology. We also want to understand the spells of prosperity and stagnation in several important economies of the region, as well as identify stories of growth decline and divergence in recent decades. The role of factor accumulation and total factor productivity growth performance are investigated in the paper, as well as the role of terms of trade shocks and capital inflows, changes in the quality of the labor force and macroeconomic instability on total factor productivity growth (TFP) and GDP growth.
dc.formatTexto
dc.format.extent44 páginas.
dc.format.mimetypeapplication/pdf
dc.identifier.isbn9211215285
dc.identifier.unSymbolLC/L.2236-P
dc.identifier.urihttps://hdl.handle.net/11362/5398
dc.language.isoeng
dc.physicalDescription44 p. : gráfs., tabls.
dc.publisherECLAC
dc.publisher.placeSantiago
dc.relation.isPartOfSeriesSerie Macroeconomía del Desarrollo
dc.relation.isPartOfSeriesNo33
dc.rights.coarDisponible
dc.subject.unbisEngBUSINESS CYCLES
dc.subject.unbisEngECONOMIC DEVELOPMENT
dc.subject.unbisEngECONOMIC GROWTH
dc.subject.unbisSpaCICLOS ECONOMICOS
dc.subject.unbisSpaCRECIMIENTO ECONOMICO
dc.subject.unbisSpaDESARROLLO ECONOMICO
dc.titleEconomic growth in Latin America in the late 20th century: evidence and interpretation
dc.type.coarlibro
dspace.entity.typePublication
relation.isAuthorOfPublicationd540a347-e222-48d8-99e7-53639b52854c
relation.isAuthorOfPublication75bba6e6-c837-4808-a2c7-92909db05685
relation.isAuthorOfPublication.latestForDiscoveryd540a347-e222-48d8-99e7-53639b52854c
Descargar
Bloque original
Mostrando 1 - 1 de 1
Miniatura
Nombre:
S0412975_en.pdf
Tamaño:
1017.88 KB
Formato:
Adobe Portable Document Format
Descripción:
Document in English
Descargar
Colecciones
Macroeconomía del Desarrollo