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Nature and Determinants of Technical Change: The Peruvian Industrial Sector

In: Technology Generation in Latin American Manufacturing Industries

Author

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  • Máximo Vega Centeno

Abstract

In order to examine both the rate and nature of technical change in the Peruvian manufacturing sector we shall begin by attempting a preliminary measurement of such change. The basic data for such measurement can be found in Table 13.1 and our estimated results in Table 13.2. With such objective in mind and being quite conscious of the various shortcomings which underlie the estimation of ‘residuals’ as proxy estimates for technical progress, we have measured the rate of overall factor productivity growth in a sample of around 100 industrial establishments. Our sample covers a sever-year period, from 1969 to 1975.1

Suggested Citation

  • Máximo Vega Centeno, 1987. "Nature and Determinants of Technical Change: The Peruvian Industrial Sector," Palgrave Macmillan Books, in: Jorge M. Katz (ed.), Technology Generation in Latin American Manufacturing Industries, chapter 13, pages 431-445, Palgrave Macmillan.
    • Handle: RePEc:pal:palchp:978-1-349-07210-1_14
    DOI: 10.1007/978-1-349-07210-1_14
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