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TFP in Latin America∗ (2006)
| Content Provider | CiteSeerX |
|---|---|
| Author | Epge/fgv, Pedro Cavalcanti Ferreira Epge/fgv, Samuel De Abreu Pessôa Ibmec/rj, O. A. Veloso |
| Abstract | Due to widespread government intervention and import-substitution industrialization, there has been a general perception that Latin America has been much less productive than the leading economies in the last decades. In this paper, however, we show that until the mid-seventies Latin America had high productivity levels relative to the US and other regions. Moreover, total factor productivity in Latin America increased relative to the US during this period, declining only in the subsequent years. 1 |
| File Format | |
| Publisher Date | 2006-01-01 |
| Access Restriction | Open |
| Subject Keyword | Latin America Total Factor Productivity Import-substitution Industrialization Mid-seventies Latin America General Perception Subsequent Year High Productivity Level Last Decade Widespread Government Intervention |
| Content Type | Text |
