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La inversión en equipo de transporte de América Latina, 1890-1930: una estimación basada en la demanda de importaciones


  • Xavier Tafunell

    () (Universitat Pompeu Fabra)


The development of modern transport systems over the first economic globalisation has been recognised as a key instrument for inserting Latin-America into the international economy. However, to this date, there was no quantitative global and detailed evaluation of the amounts invested on transport equipment in the region. This article covers this gap supplying homogeneous and consistent annual series for the period 1890-1930 for all the sovereign countries of the time. It also describes the historical profile of the Latin-American series and analyses the differences across the national series. The large disparities in the levels of investment per capita observed reflect the diverse degree of economic development attained by the Latin- American republics over the period. KEY Classification-JEL: L62, L91, N16, N76

Suggested Citation

  • Xavier Tafunell, 2009. "La inversión en equipo de transporte de América Latina, 1890-1930: una estimación basada en la demanda de importaciones," Investigaciones de Historia Económica (IHE) Journal of the Spanish Economic History Association, Asociacion Espa–ola de Historia Economica, vol. 5(02), pages 39-67.
  • Handle: RePEc:ahe:invest:v:05:y:2009:i:02:p:39-67

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    More about this item


    Transport and Economic Growth; Investment; first Globalization; Latin America;

    JEL classification:

    • L62 - Industrial Organization - - Industry Studies: Manufacturing - - - Automobiles; Other Transportation Equipment; Related Parts and Equipment
    • L91 - Industrial Organization - - Industry Studies: Transportation and Utilities - - - Transportation: General
    • N16 - Economic History - - Macroeconomics and Monetary Economics; Industrial Structure; Growth; Fluctuations - - - Latin America; Caribbean
    • N76 - Economic History - - Economic History: Transport, International and Domestic Trade, Energy, and Other Services - - - Latin America; Caribbean


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