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Non-residential capital stock in Latin America. 1875-2008

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This work offers non-residential capital stock estimation for major Latin American economies – Argentina, Brazil, Chile and Mexico - made towards a homogeneous method. This work covers the whole twentieth century and the years of the XXI century, expanding backward half century the present available estimations. Our research has the virtue of creating a capital stock method that could be applied to almost all Latin American economies, using the gross fixed capital formation data base (1850–1950) elaborated by one of the authors. This data could be linked with the investment series of standardized National Accounts of the Region, by ECLAC (Economic Commission for Latin America and the Caribbean). Also, the authors have done a comparison between Latin American countries and most advanced economies, especially on the comparative performance of two settlers countries, Argentina and Australia.

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  • Xavier Tafunell & Cristián Ducoing, 2015. "Non-residential capital stock in Latin America. 1875-2008," Economics Working Papers 1472, Department of Economics and Business, Universitat Pompeu Fabra.
  • Handle: RePEc:upf:upfgen:1472
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    2. Agénor, Pierre-Richard & Lim, King Yoong, 2018. "Unemployment, growth and welfare effects of labor market reforms," Journal of Macroeconomics, Elsevier, vol. 58(C), pages 19-38.

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    More about this item

    Keywords

    Capital Stock; Latin America; Gross fixed capital formation; National Accounts.;
    All these keywords.

    JEL classification:

    • N16 - Economic History - - Macroeconomics and Monetary Economics; Industrial Structure; Growth; Fluctuations - - - Latin America; Caribbean
    • E22 - Macroeconomics and Monetary Economics - - Consumption, Saving, Production, Employment, and Investment - - - Investment; Capital; Intangible Capital; Capacity
    • E01 - Macroeconomics and Monetary Economics - - General - - - Measurement and Data on National Income and Product Accounts and Wealth; Environmental Accounts

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