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Sectoral regimes, productivity and international competitiveness

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  • Katz, Jorge
  • Stumpo, Giovanni

Abstract

This article seeks to analyse some mesoeconomic and microeconomic aspects related with productivity and international competitiveness in the context of the new Latin American economic model. These aspects go a long way towards explaining why those variables have not evolved satisfactorily in the different countries and sectors of activity, and why a strictly macroeconomic reading prevents a proper understanding of the changes which are taking place in society at the economic, technological and institutional levels, as well as impeding the identification of a public policy agenda which could help improve the implications of the process of change which is under way. Within this process, new patterns of micro-economic behaviour have been taking shape in which imported capital goods and intermediate imputs have been displacing locally produced goods and the local technological efforts associated with their production. This has been giving rise to a new production organization model which is more closely linked with external sources of growth than in the past.

Suggested Citation

  • Katz, Jorge & Stumpo, Giovanni, 2001. "Sectoral regimes, productivity and international competitiveness," Revista CEPAL, Naciones Unidas Comisión Económica para América Latina y el Caribe (CEPAL), December.
  • Handle: RePEc:ecr:col070:10841
    Note: Includes bibliography
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    File URL: http://repositorio.cepal.org/handle/11362/10841
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    References listed on IDEAS

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    2. Ricardo J. Caballero & Mohamad L. Hammour, 1996. "On the Timing and Efficiency of Creative Destruction," The Quarterly Journal of Economics, Oxford University Press, vol. 111(3), pages 805-852.
    3. David, Paul A., 1994. "Why are institutions the 'carriers of history'?: Path dependence and the evolution of conventions, organizations and institutions," Structural Change and Economic Dynamics, Elsevier, vol. 5(2), pages 205-220, December.
    4. Mark Armstrong & Simon Cowan & John Vickers, 1994. "Regulatory Reform: Economic Analysis and British Experience," MIT Press Books, The MIT Press, edition 1, volume 1, number 0262510790, December.
    5. Hausmann, Ricardo & Stein, Ernesto H. & Fernández-Arias, Eduardo, 2001. "Courting FDI: is competition bad?," Sede de la CEPAL en Santiago (Estudios e Investigaciones) 34827, Naciones Unidas Comisión Económica para América Latina y el Caribe (CEPAL).
    6. Francisco C. Sercovich & Choong-Yong Ahn & Claudio Frischtak & Mojmir Mrak & Herman Mügge & Wilson Peres & Samuel M. Wangwe, 1999. "Competition and the World Economy," Books, Edward Elgar Publishing, number 1874.
    7. JosÈ Antonio Ocampo, 2002. "Rethinking the development agenda," Cambridge Journal of Economics, Oxford University Press, vol. 26(3), pages 393-407, May.
    8. Richard Nelson, 1997. "How New Is New Growth Theory?," Challenge, Taylor & Francis Journals, vol. 40(5), pages 29-58, September.
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    Citations

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    Cited by:

    1. Mario Cimoli & Jose Antonio Ocampo & Gabriel Porcile, 2017. "Choosing sides in the trilemma: international financial cycles and structural change in developing economies," LEM Papers Series 2017/26, Laboratory of Economics and Management (LEM), Sant'Anna School of Advanced Studies, Pisa, Italy.
    2. Valeria Arza & Andres Lopez, 2010. "Innovation and Productivity in the Argentine Manufacturing Sector," Research Department Publications 4681, Inter-American Development Bank, Research Department.
    3. -, 2020. "Sectors and businesses facing COVID-19: Emergency and reactivation," Libros y Documentos Institucionales, Naciones Unidas Comisión Económica para América Latina y el Caribe (CEPAL), number 4, October.
    4. Cimoli, Mario & Pereima, João Basilio & Porcile, Gabriel, 2019. "A technology gap interpretation of growth paths in Asia and Latin America," Research Policy, Elsevier, vol. 48(1), pages 125-136.

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