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Growth versus development: different patterns of industrial growth in Latin America during the {lcub}u2018{rcub}boom{lcub}u2019{rcub} years

September 2011 | Project Documents
Author:
Rivas, Diego, Abeles, Martín
Signature:
LC/W.435
Pages:
30 p.: grafs., tabls.
Editorial:
CEPAL
Type:
Project Documents
Collection:
    • Project and Research documents
      • Project and Research documents

Description

Between 2003 and 2008 Latin America and the Caribbean (LAC) experienced its most remarkable expansionary period since the 1970s. Yet, LAC countries{lcub}u2019{rcub} productivity gaps widened during this period vis-à-vis industrialized countries (here represented by the United States{lcub}u2019{rcub} manufacturing sector) as revealed in CEPAL (2010). The paper splits up this process and examines the different outcomes observed at the national level for the cases of Argentina, Brazil, Chile, Colombia and Mexico during these sboom{esc}g3{esc}s years. It examines the composition of productivity divergence in terms of sectoral factor intensity following the Katz-Stumpo taxonomy and examines external productivity gaps, analyzes internal structural heterogeneity and carries out a shift-share analysis of manufacturing labor productivity for the five case studies.

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S1100810_en.pdf

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