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Output and capital input per capita convergence in Latin America: 1960 - 1995. A preliminary analysis

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  • Víctor Elías

Abstract

This paper studies the convergence in output per capita in 7 Latin American Economies, during the period 1960-1995, breaking it down on its two main determinants: total input and total factor productivity. Total input is in turn broken down in two inputs (labor and capital) and each one of these inputs is separated in its quantity and quality components. The paper presents the convergence of the capital input per capita only. Hence, it presents a partial picture of convergence. However, it gives some useful insights about the economic growth pattern of Latin American economies.

Suggested Citation

  • Víctor Elías, 1999. "Output and capital input per capita convergence in Latin America: 1960 - 1995. A preliminary analysis," Estudios de Economia, University of Chile, Department of Economics, vol. 26(2 Year 19), pages 207-217, December.
  • Handle: RePEc:udc:esteco:v:26:y:1999:i:2:p:207-217
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    More about this item

    Keywords

    Output; capital input; convergence.;

    JEL classification:

    • I32 - Health, Education, and Welfare - - Welfare, Well-Being, and Poverty - - - Measurement and Analysis of Poverty
    • O18 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Urban, Rural, Regional, and Transportation Analysis; Housing; Infrastructure

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