Alternative explanations of Latin America´s Productivity Slowdown

This paper discusses the two main explanations that have been offered of why productivity growth slowed down in Latin America since the early 1980´s, presenting detailed evidence on this phenomenon for six of the largest economies in the Latin American region (Argentina, Brazil, Chile, Colombia, Mex...

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Detalles Bibliográficos
Autor principal: Ros, Jaime
Lenguaje:Español
Publicado: Facultad de Economía 2014
Acceso en línea:http://www.revistas.unam.mx/index.php/ecu/article/view/44988
http://biblioteca.clacso.edu.ar/gsdl/cgi-bin/library.cgi?a=d&c=mx/mx-030&d=article44988oai
Aporte de:
Red de Bibliotecas Virtuales de Ciencias Sociales (CLACSO) de Consejo Latinoamericano de Ciencias Sociales
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collection Red de Bibliotecas Virtuales de Ciencias Sociales (CLACSO)
language Español
description This paper discusses the two main explanations that have been offered of why productivity growth slowed down in Latin America since the early 1980´s, presenting detailed evidence on this phenomenon for six of the largest economies in the Latin American region (Argentina, Brazil, Chile, Colombia, Mexico and Peru). In one vision, that the paper criticizes, the main problem obstructing productivity growth are the high rates of informality that prevail in the region and that have their origin in credit markets that perform poorly, high taxes and high tax evasion, as well as the incentives to informality generated by social and labor policies. An alternative vision considers the productivity growth slowdown after 1980 as largely endogenous, determined by the output growth slowdown and the fall in the rate of capital accumulation that followed from the shocks of the 1980´s
author Ros, Jaime
spellingShingle Ros, Jaime
Alternative explanations of Latin America´s Productivity Slowdown
author_facet Ros, Jaime
author_sort Ros, Jaime
title Alternative explanations of Latin America´s Productivity Slowdown
title_short Alternative explanations of Latin America´s Productivity Slowdown
title_full Alternative explanations of Latin America´s Productivity Slowdown
title_fullStr Alternative explanations of Latin America´s Productivity Slowdown
title_full_unstemmed Alternative explanations of Latin America´s Productivity Slowdown
title_sort alternative explanations of latin america´s productivity slowdown
publisher Facultad de Economía
publishDate 2014
url http://www.revistas.unam.mx/index.php/ecu/article/view/44988
http://biblioteca.clacso.edu.ar/gsdl/cgi-bin/library.cgi?a=d&c=mx/mx-030&d=article44988oai
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