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Per Capita GDP Convergence in South America, 1960-2007

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  • García Callejas, Danny

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Abstract

Resumen: Este artículo analiza la convergencia de la producción per cápita y los patrones de especialización en Sur América. Este estudio encuentra evidencia a favor de divergencia en la producción, sin embargo, también halla que diferencia en los patrones de especialización y producción no son, necesariamente, la causa. Por último y aunque más investigación es necesaria, este artículo sugiere que la integración regional y la geografía pueden tener un papel fundamental en explicar la convergencia de la producción. / Abstract: This paper analyzes output per capita convergence in South America and production specialization patterns. This study finds evidence of output divergence; however, it also finds that structural output differences and patterns of specialization of production are not necessarily the cause. Finally, this paper suggests that geography and regional integration may play a pivotal role in explaining convergence of output, although more research is required.

Suggested Citation

  • García Callejas, Danny, 2011. "Per Capita GDP Convergence in South America, 1960-2007," Borradores Departamento de Economía 008983, Universidad de Antioquia - CIE.
  • Handle: RePEc:col:000196:008983
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    More about this item

    Keywords

    Club de convergencia; comercio; convergencia; geografía económica; producción per cápita; Sur América;

    JEL classification:

    • O47 - Economic Development, Innovation, Technological Change, and Growth - - Economic Growth and Aggregate Productivity - - - Empirical Studies of Economic Growth; Aggregate Productivity; Cross-Country Output Convergence
    • F10 - International Economics - - Trade - - - General
    • F43 - International Economics - - Macroeconomic Aspects of International Trade and Finance - - - Economic Growth of Open Economies

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