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Desarrollo Economico De America Latina En 2000-2005: Industria, Comercio Exterior E Inversion

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  • Guisan, Maria-Carmen
  • Aguayo, Eva

Abstract

This article analyzes the evolution of real Gross Domestic Product per head in Latin American Countries for the period 2000-2005 with special focus on the role of industry, foreign trade, and foreign direct investment. We estimate some econometric models and find that these variables have not reached a level of increase enough to guarantee a high rate of increase in real income per inhabitant nor an outstanding diminution in the poverty indexes in many countries. We analyze the main factors addressed to improve the evolution of those variables and to achieve a high degree of convergence with richer countries. Analizamos la evolución del Producto Interior Bruto por habitante de los países de América Latina en el período 2000-2005, con especial énfasis en la industria, el comercio exterior y la inversión extranjera directa. Estimamos algunos modelos econométricos y encontramos que estas variables no han alcanzado un nivel de incremento suficiente para garantizar una alta tasa de incremento de la renta real por habitante ni una disminución substancial de los índices de pobreza en muchos países. Analizamos los principales factores que pueden impulsar la evolución de dichas variables y contribuir a un mayor nivel de desarrollo y convergencia con países más prósperos.

Suggested Citation

  • Guisan, Maria-Carmen & Aguayo, Eva, 2007. "Desarrollo Economico De America Latina En 2000-2005: Industria, Comercio Exterior E Inversion," Estudios Economicos de Desarrollo Internacional, Euro-American Association of Economic Development, vol. 7(1), pages 5-24.
    • Handle: RePEc:eaa:eedein:v:7:y2007:i:7_1
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    References listed on IDEAS

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    1. Linda S. Goldberg, 2007. "Financial sector FDI and host countries: new and old lessons," Economic Policy Review, Federal Reserve Bank of New York, vol. 13(Mar), pages 1-17.
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    More about this item

    Keywords

    América Latina; Desarrollo Económico; Industria; Inversión extranjera; Comercio Exterior;
    All these keywords.

    JEL classification:

    • C51 - Mathematical and Quantitative Methods - - Econometric Modeling - - - Model Construction and Estimation
    • L6 - Industrial Organization - - Industry Studies: Manufacturing
    • L8 - Industrial Organization - - Industry Studies: Services
    • F1 - International Economics - - Trade
    • F21 - International Economics - - International Factor Movements and International Business - - - International Investment; Long-Term Capital Movements
    • O54 - Economic Development, Innovation, Technological Change, and Growth - - Economywide Country Studies - - - Latin America; Caribbean

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