When Did Latin America Fall Behind?.Evidence From Long-Run International Inequality
AbstractWhen did Latin America fall behind?. Has the gap between developed countries and Latin America widened over time?. This paper addresses these recurrent questions with the tools provided by the inequality literature. Long-run inter-country inequality is assessed in terms of real (purchasing power-adjusted) GDP per head and of an ‘improved’ human development index as an indicator of welfare for present-day OECD and Latin America. A long term rise in income inequality is observed for this sample of countries with the deepening gap between OECD and Latin America as its main determinant. Contrary to a widespread view, in terms of income, Latin America fell behind in the late twentieth century. Inequality in terms of human development declined over time, but the gap between OECD and Latin America remained largely unchanged.
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 InfoPaper provided by Universidad Carlos III, Departamento de Historia Económica e Instituciones in its series Working Papers in Economic History with number wh046604.
Date of creation: Dec 2004
Date of revision:
Contact details of provider:
Postal: Campus de Getafe, C/ Madrid, 126, 28903 GETAFE (MADRID)
Phone: +34-91 624 9599
Web page: http://www.uc3m.es/uc3m/dpto/HISEC/01presentacion.html
More information through EDIRC
This paper has been announced in the following NEP Reports:
- NEP-ALL-2005-04-03 (All new papers)
- NEP-LAM-2005-04-03 (Central & South America)
- NEP-PKE-2005-04-03 (Post Keynesian Economics)
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.:
- Dasgupta, Partha & Weale, Martin, 1992. "On measuring the quality of life," World Development, Elsevier, vol. 20(1), pages 119-131, January.
- François Bourguignon & Christian Morrisson, 2001.
"Inequality among World Citizens : 1820-1992,"
DELTA Working Papers
2001-18, DELTA (Ecole normale supérieure).
- Isenman, Paul, 1980. "Inter-country comparison of `real' (PPP) incomes: Revised estimates and unresolved questions," World Development, Elsevier, vol. 8(1), pages 61-72, January.
- Hobijn, Bart & Franses, Philip Hans, 2001. "Are living standards converging?," Structural Change and Economic Dynamics, Elsevier, vol. 12(2), pages 171-200, July.
- Buyst, Erik, 1997. "New GNP Estimates for the Belgian Economy during the Interwar Period," Review of Income and Wealth, International Association for Research in Income and Wealth, vol. 43(3), pages 357-75, September.
- Bhagwati, Jagdish N, 1984. "Why Are Services Cheaper in the Poor Countries?," Economic Journal, Royal Economic Society, vol. 94(374), pages 279-86, June.
- Beckerman, Wilfred & Bacon, Robert, 1970. "International Comparisons of Income Levels: an Additional Measure: Reply," Economic Journal, Royal Economic Society, vol. 80(318), pages 418-20, June.
- Broadberry, S.N., 1992.
"Comparative Productivity in British and American Manufacturing During the Nineteenth Century,"
The Warwick Economics Research Paper Series (TWERPS)
399, University of Warwick, Department of Economics.
- Broadberry S. N., 1994. "Comparative Productivity in British and American Manufacturing during the Nineteenth Century," Explorations in Economic History, Elsevier, vol. 31(4), pages 521-548, October.
- Heston, Alan, 1973. "A Comparison of Some Short-Cut Methods of Estimating Real Product Per Capita," Review of Income and Wealth, International Association for Research in Income and Wealth, vol. 19(1), pages 79-104, March.
- Stanley L. Engerman, 1997. "The Standard of Living Debate in International Perspective: Measures and Indicators," NBER Chapters, in: Health and Welfare during Industrialization, pages 17-46 National Bureau of Economic Research, Inc.
- Crafts, N. F. R., 1997. "The Human Development Index and changes in standards of living: Some historical comparisons," European Review of Economic History, Cambridge University Press, vol. 1(03), pages 299-322, December.
- Hopkins, Michael, 1991. "Human development revisited: A new UNDP report," World Development, Elsevier, vol. 19(10), pages 1469-1473, October.
- Hicks, Norman & Streeten, Paul, 1979. "Indicators of development: The search for a basic needs yardstick," World Development, Elsevier, vol. 7(6), pages 567-580, June.
- Balke, Nathan S & Gordon, Robert J, 1989. "The Estimation of Prewar Gross National Product: Methodology and New Evidence," Journal of Political Economy, University of Chicago Press, vol. 97(1), pages 38-92, February.
- Jaime Jaramillo U. & Adolfo Meisel R. & Miguel Urrutia, 1997.
"Continuities and Discontinuities in the Fiscal and Monetary Institutions of New Granada 1783-1850,"
BORRADORES DE ECONOMIA
002197, BANCO DE LA REPÚBLICA.
- Jaime Jaramillo & Adolfo Meisel & Miguel Urrutia, . "Continuities and Discontinuites in the Fiscal and Monetary Institucions of New Granada 1783-1850," Borradores de Economia 074, Banco de la Republica de Colombia.
- Dowrick, Steve & Dunlop, Yvonne & Quiggin, John, 2003. "Social indicators and comparisons of living standards," Journal of Development Economics, Elsevier, vol. 70(2), pages 501-529, April.
RePEc Biblio mentionsAs found on the RePEc Biblio, the curated bibliography for Economics:CitEc Project, subscribe to its RSS feed for this item.
- Enriqueta Camps, 2009. "Globalization and culture shaping the gender gap: A comparative analysis of urban Latin America and East Asia (1970 - 2000)," Economics Working Papers 1145, Department of Economics and Business, Universitat Pompeu Fabra.
- Leandro Prados de la Escosura, 2005. "Growth, Inequality, And Poverty In Latin America: Historical Evidence, Controlled Conjectures," Working Papers in Economic History wh054104, Universidad Carlos III, Departamento de Historia Económica e Instituciones.
- Pablo Astorga, 2007. "Real Exchange Rates in Latin America: what does the 20th Century reveal?," Working Papers in Economic History wp07-03, Universidad Carlos III, Departamento de Historia Económica e Instituciones.
- Astorga, Pablo, 2012.
"Mean reversion in long-horizon real exchange rates: Evidence from Latin America,"
Journal of International Money and Finance,
Elsevier, vol. 31(6), pages 1529-1550.
- Pablo Astorga, 2010. "Mean Reversion in Long-Horizon Real Exchange Rates: Evidence from Latin America," Oxford University Economic and Social History Series _080, Economics Group, Nuffield College, University of Oxford.
- Pablo Astorga, 2010. "Mean Reversion in Long-Horizon Real Exchange Rates: Evidence from Latin America," Economics Series Working Papers Number 80, University of Oxford, Department of Economics.
- Pablo Astorga & Ame E. Bergés & Valpy Fitzgerald, 2005. "Endogenous Growth and Exogenous Shocks in Latin America during the Twentieth Century," Oxford University Economic and Social History Series _057, Economics Group, Nuffield College, University of Oxford.
- Luis Bertola & Maria Camou & Silvana Maubrigades & Natalia Melgar, 2008. "Human development and inequality in the 20th Century : the Mercosur countries in a comparative perspective," Working Papers in Economic History wp08-06, Universidad Carlos III, Departamento de Historia Económica e Instituciones.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: ().
If references are entirely missing, you can add them using this form.