Advanced Search
MyIDEAS: Login to save this paper or follow this series

Productivity Growth in Latin America during the Twentieth Century

Contents:

Author Info

  • Valpy Fitzgerald
  • Pablo Astorga

Abstract

Analysis of new comparable series on output and employment between 1900 and 2000 for Argentina, Brazil, Chile, Colombia, Mexico, and Venezuela indicates that productivity growth was significantly higher and less volatile during the middle decades of the century than in the opening and closing decades. The first estimate of total factor productivity (TFP) growth for Latin America during the twentieth century as a whole, derived from the residuals of a skill-augmented production function, indicates that unembodied technical progress was low and that the accumulation of fixed and human capital accounted for almost all recorded economic progress. Sectoral disaggregation suggests that this factor accumulation was associated with increased levels of capital per worker during industrialization on the one hand; and with both out-migration from agriculture and the lagged consequences of a demographic transition on the other. The relatively low rates of human and physical capital accumulation in Latin America remain to be explained, although these are more likely to be associated with inadequate public provision of infrastructure and education than with the cycle of protection and liberalization as such.

Download Info

If 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.
File URL: http://www.economics.ox.ac.uk/materials/papers/2288/52fitzgerald.pdf
Download Restriction: no

Bibliographic Info

Paper provided by University of Oxford, Department of Economics in its series Economics Series Working Papers with number 2003-W52.

as in new window
Length:
Date of creation: 01 Dec 2003
Date of revision:
Handle: RePEc:oxf:wpaper:2003-w52

Contact details of provider:
Postal: Manor Rd. Building, Oxford, OX1 3UQ
Email:
Web page: http://www.economics.ox.ac.uk/
More information through EDIRC

Related research

Keywords: Aggregate Productivity and Growth; Agriculture; Manufacturing; Total Factor Productivity; Human Capital;

Other versions of this item:

Find related papers by JEL classification:

References

References listed on IDEAS
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.:
as in new window
  1. Gene M. Grossman & Elhanan Helpman, 1993. "Endogenous Innovation in the Theory of Growth," NBER Working Papers 4527, National Bureau of Economic Research, Inc.
  2. Young, Alwyn, 1995. "The Tyranny of Numbers: Confronting the Statistical Realities of the East Asian Growth Experience," The Quarterly Journal of Economics, MIT Press, MIT Press, vol. 110(3), pages 641-80, August.
  3. Abramovitz, Moses, 1986. "Catching Up, Forging Ahead, and Falling Behind," The Journal of Economic History, Cambridge University Press, Cambridge University Press, vol. 46(02), pages 385-406, June.
  4. Paul M. Romer, 1989. "Human Capital And Growth: Theory and Evidence," NBER Working Papers 3173, National Bureau of Economic Research, Inc.
  5. Young, Alwyn, 1994. "Lessons from the East Asian NICS: A contrarian view," European Economic Review, Elsevier, Elsevier, vol. 38(3-4), pages 964-973, April.
  6. Robert J. Barro & Jong-Wha Lee, 2000. "International Data on Educational Attainment: Updates and Implications," CID Working Papers, Center for International Development at Harvard University 42, Center for International Development at Harvard University.
  7. Pritchett, Lant, 1996. "Mind your P's and Q's : the cost of public investment is not the value of public capital," Policy Research Working Paper Series 1660, The World Bank.
  8. Fischer, Stanley, 1993. "The role of macroeconomic factors in growth," Journal of Monetary Economics, Elsevier, Elsevier, vol. 32(3), pages 485-512, December.
  9. Rudiger Dornbusch & Sebastian Edwards, 1991. "The Macroeconomics of Populism in Latin America," NBER Books, National Bureau of Economic Research, Inc, number dorn91-1, July.
  10. Easterly, William & Loayza, Norman & Montiel, Peter, 1997. "Has Latin America's post-reform growth been disappointing?," Journal of International Economics, Elsevier, Elsevier, vol. 43(3-4), pages 287-311, November.
  11. Robert E. Hall & Charles I. Jones, 1999. "Why Do Some Countries Produce So Much More Output per Worker than Others?," NBER Working Papers 6564, National Bureau of Economic Research, Inc.
  12. Bruton, H.J., 1995. "Total Factor Productivity Growth," Center for Development Economics, Department of Economics, Williams College 139, Department of Economics, Williams College.
  13. Rudiger Dornbusch & Sebastian Edwards, 1989. "Macroeconomic Populism in Latin America," NBER Working Papers 2986, National Bureau of Economic Research, Inc.
  14. Syrquin, Moshe, 1988. "Patterns of structural change," Handbook of Development Economics, Elsevier, in: Hollis Chenery & T.N. Srinivasan (ed.), Handbook of Development Economics, edition 1, volume 1, chapter 7, pages 203-273 Elsevier.
  15. Dahlman, Carl J. & Ross-Larson, Bruce & Westphal, Larry E., 1987. "Managing technological development: Lessons from the newly industrializing countries," World Development, Elsevier, Elsevier, vol. 15(6), pages 759-775, June.
  16. Mankiw, N Gregory & Romer, David & Weil, David N, 1992. "A Contribution to the Empirics of Economic Growth," The Quarterly Journal of Economics, MIT Press, MIT Press, vol. 107(2), pages 407-37, May.
  17. Romer, Paul, 1993. "Idea gaps and object gaps in economic development," Journal of Monetary Economics, Elsevier, Elsevier, vol. 32(3), pages 543-573, December.
  18. Susan M. Collins & Barry P. Bosworth, 1996. "Economic Growth in East Asia: Accumulation versus Assimilation," Brookings Papers on Economic Activity, Economic Studies Program, The Brookings Institution, vol. 27(2), pages 135-204.
  19. Mauro, Paolo, 1995. "Corruption and Growth," The Quarterly Journal of Economics, MIT Press, MIT Press, vol. 110(3), pages 681-712, August.
  20. Martin, Will & Mitra, Devashish, 1999. "Productivity growth and convergence in agriculture and manufacturing," Policy Research Working Paper Series 2171, The World Bank.
  21. Teitel, Simon & Thoumi, Francisco E, 1986. "From Import Substitution to Exports: The Manufacturing Exports Experience of Argentina and Brazil," Economic Development and Cultural Change, University of Chicago Press, University of Chicago Press, vol. 34(3), pages 455-90, April.
Full references (including those not matched with items on IDEAS)

Citations

Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
as in new window

Cited by:
  1. Richard Steckel, 2005. "Fluctuations in a Dreadful Childhood: Synthetic longitudinal height data, relative prices, and weather in the short-term health of american slaves," Oxford University Economic and Social History Series, Economics Group, Nuffield College, University of Oxford _058, Economics Group, Nuffield College, University of Oxford.
  2. Colistete, Renato P., 2010. "Revisiting Import-Substituting Industrialisation in Post-War Brazil," MPRA Paper 24665, University Library of Munich, Germany.
  3. Jane Humphries & Tim Leunig, 2007. "Cities, Market Integration and Going to Sea: Stunting and the Standard of Living in Early Nineteenth-Century England and Wales," Economics Series Working Papers, University of Oxford, Department of Economics 2007-W66, University of Oxford, Department of Economics.
  4. Pablo Astorga, 2009. "A Century of Economic Growth in Latin America," Oxford University Economic and Social History Series, Economics Group, Nuffield College, University of Oxford _075, Economics Group, Nuffield College, University of Oxford.
  5. James Malcomson & Martin Chalkley, 2001. "Cost Sharing in Health Service Provision: An Empirical Assessment of Cost Savings," Economics Series Working Papers, University of Oxford, Department of Economics 69, University of Oxford, Department of Economics.
  6. Leandro Prados de la Escosura, 2007. "When Did Latin America Fall Behind?," NBER Chapters, in: The Decline of Latin American Economies: Growth, Institutions, and Crises, pages 15-58 National Bureau of Economic Research, Inc.
  7. Mohammad Niaz Asadullah, 2006. "Educational Disparity in East and West Pakistan, 1947–71: Was East Pakistan Discriminated Against?," Oxford University Economic and Social History Series, Economics Group, Nuffield College, University of Oxford _063, Economics Group, Nuffield College, University of Oxford.
  8. Jane Humphries, 2006. ""Because they are too menny..." Children, Mothers and Fertility Decline: The Evidence from Working-Class Autobiographies of the Eighteenth and Nineteenth Centuries," Oxford University Economic and Social History Series, Economics Group, Nuffield College, University of Oxford _064, Economics Group, Nuffield College, University of Oxford.
  9. Camilla Brautaset & Regina Grafe, 2006. "The Quiet Transport Revolution: Returns to scale, scope and network density in Norway's nineteenth-century sailing fleet," Oxford University Economic and Social History Series, Economics Group, Nuffield College, University of Oxford _062, Economics Group, Nuffield College, University of Oxford.
  10. 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.
  11. Regina Grafe, 2004. "Popish Habits vs. Nutritional Need: Fasting and Fish Consumption in Iberia in the Early Modern Period," Oxford University Economic and Social History Series, Economics Group, Nuffield College, University of Oxford _055, Economics Group, Nuffield College, University of Oxford.
  12. Valpy FitzGerald, 2008. "Economic development and fluctuations in earnings inequality in the very long run: The evidence from Latin America 1900-2000," Journal of International Development, John Wiley & Sons, Ltd., vol. 20(8), pages 1028-1048.
  13. Paul Segal, 2009. "Structural Change in Argentina, 1900-1973: The Role of Import Substitution and Factor Endowments," Economics Series Working Papers, University of Oxford, Department of Economics 437, University of Oxford, Department of Economics.
  14. 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.

Lists

This item is not listed on Wikipedia, on a reading list or among the top items on IDEAS.

Statistics

Access and download statistics

Corrections

When requesting a correction, please mention this item's handle: RePEc:oxf:wpaper:2003-w52. See general information about how to correct material in RePEc.

For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Caroline Wise).

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.