Uruguay at the mirror. An empirical analysis of the Uruguayan productive structure through the Method of Reflections
Many Works have pointed at Uruguayan productive structure, as one of the main causes of the country’s low long term growth rate. This paper presents a different empirical view of the relationship using recent developments proposed by Hausmann and Hidalgo (2009). Their Method of Reflections allows an approximation to the level of complexity that a productive structure has, and therefore their indicators yield hints to that economy’s future growth. Results show that Uruguay has never reached the production of sophisticated products, and it has even moved away from the most sophisticated products it has ever reached in the period 1962-2008. As a consequence, Uruguayan level of productive structure complexity exhibit a lowering trend, especially after 1994, which calls attention for industrial policy if the recent path of high growth is to be maintained.
|Date of creation:||Dec 2010|
|Date of revision:|
|Contact details of provider:|| Postal: Constituyente 1502, 6to piso, CP 11200, Montevideo|
Phone: (598) 2410-6449
Fax: (598) 2410-6450
Web page: http://cienciassociales.edu.uy/departamentodeeconomia/
More information through EDIRC
When requesting a correction, please mention this item's handle: RePEc:ude:wpaper:2910. See general information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Andrea Doneschi)or (Héctor Pastori)
If references are entirely missing, you can add them using this form.