IDEAS home Printed from https://ideas.repec.org/p/emc/wpaper/dte380.html
   My bibliography  Save this paper

Determinantes del crecimiento económico y convergencia en Centroamérica: Evidencia de modelos dinámicos con datos panel

Author

Listed:
  • Rodolfo Cermeño

    (Division of Economics, CIDE)

  • Roslyn Jiménez

Abstract

In this paper we study the process of economic growth and convergence in Central America over the period 1960-2000. We specify a dynamic panel data model with fixed effects and evaluate the impact of the factors typically considered in the empirical growth literature, including human capital and socio-political factors. We also characterize the process of convergence and its magnitude. The results of this study suggest that investment in physical capital is the key determinant of growth in the region. Also, we find that the growth process in Central America is consistent with conditional convergence and shows a negative long run trend.

Suggested Citation

  • Rodolfo Cermeño & Roslyn Jiménez, 2006. "Determinantes del crecimiento económico y convergencia en Centroamérica: Evidencia de modelos dinámicos con datos panel," Working Papers DTE 380, CIDE, División de Economía.
    • Handle: RePEc:emc:wpaper:dte380
    as

    Download full text from publisher

    File URL: http://www.economiamexicana.cide.edu/RePEc/emc/pdf/DTE/DTE380.pdf
    Download Restriction: no
    ---><---

    More about this item

    Keywords

    economic growth; convergence; Central America;
    All these keywords.

    JEL classification:

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

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:emc:wpaper:dte380. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Mateo Hoyos (email available below). General contact details of provider: https://edirc.repec.org/data/cideemx.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.