Latin America: Total factor productivity and its components
- Author(s):
-
Araujo, Jair Andrade |
-
Feitosa, Débora Gaspar |
- Silva, Almir Bittencourt da
- Date Issued:
- 2014-12
- Serie:
- CEPAL Review
- UN symbol:
- Published in:
- CEPAL Review No.114
This article applies the stochastic-frontier model to examine total factor productivity (tfp) and its components in Latin America between 1960 and 2010. The likelihood-ratio test shows that, for a selection of Latin American countries over the 50 years analysed, the macroeconomic variables of technical inefficiency included in the model generally have a significant effect; and they allow for a better understanding of technical inefficiency throughout the region. The key variables explaining technical inefficiency in the selected countries are public expenditure and the inflation rate; and there is also an inverse relation between technical inefficiency and the extent to which local prices diverge from purchasing power parity.
Show full data
- Physical description:
- UN symbol:
- Physical location:
- Type of document:
- Bibliographic level:
- Jel Code:
- Show full item record
Downloadable Files
This item appears in the following Collection(s)
-
Revista CEPAL [2844]
Related items
Showing items related by title, author, creator and subject.
América Latina: productividad total de los factores y su descomposición
- Author(s):
- Araujo, Jair Andrade |
- Feitosa, Débora Gaspar |
- Silva, Almir Bittencourt da
- Serie:
- No.
- 114
- Date Issued
- 2014-12
- Physical Description
- p. 53-69; diagrs., tabls.
- UN symbol:
En este artículo se examinan la productividad total de los factores (PTF) y su descomposición en América Latina durante el período 1960-2010. El modelo de frontera estocástica utilizado incluye variables macroeconómicas de ineficiencia técnica relativas a una selección de países de América Latina e...
Economic growth and income concentration and their effects on poverty in Brazil
- Author(s):
- Araujo, Jair Andrade |
- Marinho, Emerson |
- Campêlo, Guaracyane Lima
- Serie:
- No.
- 123
- Date Issued
- 2017-12
- Physical Description
- p. 35-53; tabls.
- UN symbol:
We use panel data for Brazilian states from 1995 to 2009 to analyse the impact of economic growth and income inequality on poverty change in Brazil, seeking to evaluate the Bourguignon (2003) hypothesis that the more unequal a country is, the less effective economic growth will be at reducing pover...
Crecimiento económico y concentración del ingreso: sus efectos en la pobreza del Brasil
- Author(s):
- Araujo, Jair Andrade |
- Marinho, Emerson |
- Campêlo, Guaracyane Lima
- Serie:
- No.
- 123
- Date Issued
- 2017-12
- Physical Description
- p. 35-57; tabls.
- UN symbol:
Para analizar los efectos del crecimiento económico y la desigualdad de los ingresos en la pobreza del Brasil se utilizan datos de panel para los estados brasileños de 1995 a 2009 y se evalúa la hipótesis de Bourguignon (2003) de que a mayor desigualdad en un país, menos eficaz resultará el crecimi...
Evaluating policies to improve total factor productivity in four large Latin American countries
- Author(s):
- Aravena, Claudio |
- Hofman, André A. |
- Fernández de Guevara, Juan |
- Mas, Matilde
- Serie:
- No.
- 147
- Date Issued
- 2014-06
- Physical Description
- 41 p.; grafs., tabls.
- UN symbol:
This paper develops a framework to analyze the potential of different variables to increase total factor
productivity (TFP) growth in countries with poor productivity performance. It takes an industry level
approach for a set of countries used as a benchmark. The information comes from the EU KLE...