Economic Growth in Latin America:
This paper studies growth determinants in 12 Latin American countries during the period 1950-85. In a simple growth accounting framework, the share of labor in income is found to be lower in the sample group than in developed countries, while factor productivity growth accounts for a larger proporti...
Gespeichert in:
| 1. Verfasser: | |
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| Format: | Elektronisch E-Book |
| Sprache: | English |
| Veröffentlicht: |
Washington, D.C
International Monetary Fund
1991
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| Schriftenreihe: | IMF Working Papers
Working Paper No. 91/71 |
| Online-Zugang: | UBW01 UEI01 LCO01 SBR01 UER01 SBG01 UBG01 FAN01 UBT01 FKE01 UBY01 UBA01 FLA01 UBM01 UPA01 UBR01 FHA01 FNU01 BSB01 TUM01 URL des Erstveröffentlichers |
| Zusammenfassung: | This paper studies growth determinants in 12 Latin American countries during the period 1950-85. In a simple growth accounting framework, the share of labor in income is found to be lower in the sample group than in developed countries, while factor productivity growth accounts for a larger proportion of growth in the fastest growing countries in the sample. Using panel data, macroeconomic stability is found to play, in addition to investment (physical and human), a crucial role in growth. To a lesser extent, growth is negatively correlated with government consumption and political instability. The terms of trade appear to have no significant effect on growth |
| Beschreibung: | 1 Online-Ressource (58 p) |
| ISBN: | 1451959753 9781451959758 |
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| index_date | 2024-07-03T20:13:18Z |
| indexdate | 2024-07-10T09:35:26Z |
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| spelling | De Gregorio, Jose Verfasser aut Economic Growth in Latin America De Gregorio, Jose Washington, D.C International Monetary Fund 1991 1 Online-Ressource (58 p) txt rdacontent c rdamedia cr rdacarrier IMF Working Papers Working Paper No. 91/71 This paper studies growth determinants in 12 Latin American countries during the period 1950-85. In a simple growth accounting framework, the share of labor in income is found to be lower in the sample group than in developed countries, while factor productivity growth accounts for a larger proportion of growth in the fastest growing countries in the sample. Using panel data, macroeconomic stability is found to play, in addition to investment (physical and human), a crucial role in growth. To a lesser extent, growth is negatively correlated with government consumption and political instability. The terms of trade appear to have no significant effect on growth Online-Ausg http://elibrary.imf.org/view/IMF001/01952-9781451959758/01952-9781451959758/01952-9781451959758.xml Verlag URL des Erstveröffentlichers Volltext |
| spellingShingle | De Gregorio, Jose Economic Growth in Latin America |
| title | Economic Growth in Latin America |
| title_auth | Economic Growth in Latin America |
| title_exact_search | Economic Growth in Latin America |
| title_exact_search_txtP | Economic Growth in Latin America |
| title_full | Economic Growth in Latin America De Gregorio, Jose |
| title_fullStr | Economic Growth in Latin America De Gregorio, Jose |
| title_full_unstemmed | Economic Growth in Latin America De Gregorio, Jose |
| title_short | Economic Growth in Latin America |
| title_sort | economic growth in latin america |
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