Industry and Economic Development in Latin America
AbstractWe analyse the evolution of Manufacturing Value-Added per inhabitant in 20 Latin American and Caribbean countries during the period 1980-2002, and present a comparison with more industrialized countries. We find that very few Latin American countries have experienced an increase in that variable during the sample period, corresponding the most outstanding increases of the real value of this variable the following countries: Dominican Republic with 70%, Chile with 46%, Costa Rica 28% and Mexico with 22%, but unfortunately many other countries have experienced very small increases or even stagnation or decrease in this variable which has an important impact on economic development. In spite of the decrease experienced during the peeriod 1997-2002, and thanks to the slight recovery of 2003-2004, Argentina follows to be the Latin American country with the highest value of this variable, although very far below the values of Spain, the USA and other industrialized countries. Our main conclusions support the development of socio-economic policies which give a high priority to the increase of Manufacturing in Latin American countries.
Download InfoIf you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.
Bibliographic InfoArticle provided by Euro-American Association of Economic Development in its journal Applied Econometrics and International Development.
Volume (Year): 5 (2005)
Issue (Month): 3 ()
Contact details of provider:
Web page: http://www.usc.es/economet/eaa.htm
Find related papers by JEL classification:
- L60 - Industrial Organization - - Industry Studies: Manufacturing - - - General
- O1 - Economic Development, Technological Change, and Growth - - Economic Development
- O54 - Economic Development, Technological Change, and Growth - - Economywide Country Studies - - - Latin America; Caribbean
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
- J. Luis Guasch & Pablo T. Spiller, 1995. "Regulation and Private Sector Development in Latin America," Reports _018, World Bank Latin America and the Caribean Region Department.
- Guisan, M.C. & Aguayo, E., 2007. "Health Expenditure, Poverty and Economic Development in Latin America 2000-2005," International Journal of Applied Econometrics and Quantitative Studies, Euro-American Association of Economic Development, vol. 4(2), pages 5-24.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (M. Carmen Guisan).
If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.
If references are entirely missing, you can add them using this form.
If the full references list an item that is present in RePEc, but the system did not link to it, you can help with this form.
If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your profile, as there may be some citations waiting for confirmation.
Please note that corrections may take a couple of weeks to filter through the various RePEc services.