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| Abstract |
Most of the analysis and economic policies in the Latin America area focus in short term macroeconomic approaches. However, economic growth literature emphasizes the role that fixed gross capital formation, investment in human capital, research and development and the rule of law play in economic activity. This paper follows a structural long term perspective in order to evaluate the economic achievements of the countries in the region. So, it uses a cluster analysis that classifies seventeen economics according to their factorial endowments and shows the important differences among them according to their growth efficiency.
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| Publisher Info |
Volume (Year): 8 (2008)
Issue (Month): 1 ()
Pages: 61-74
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| Related research |
Find related papers by JEL classification:
O20 - Economic Development, Technological Change, and Growth - - Development Planning and Policy - - - General
O40 - Economic Development, Technological Change, and Growth - - Economic Growth and Aggregate Productivity - - - General
O54 - Economic Development, Technological Change, and Growth - - Economywide Country Studies - - - Latin America; Caribbean
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This page was last updated on 2009-12-13.