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来源类型 | Working Paper |
规范类型 | 报告 |
DOI | 10.3386/w3161 |
来源ID | Working Paper 3161 |
Latin American Economic Development: 1950-1980 | |
Eliana A. Cardoso; Albert Fishlow | |
发表日期 | 1989-11-01 |
出版年 | 1989 |
语种 | 英语 |
摘要 | The paper stresses the evolutionary and adaptive experience of Latin American growth between 1950 and 1980, and provides a synthetic view by considering the sources of growth within a simple production framework. Regressions use quinquennial panel data for 18 Latin American countries.They provide an estimate of the net return to investment, of the elasticity of output to labor and of the contribution of other variables with influence on efficiency. The regressions show that Latin American growth varied systematically with trade performance. The paper provides information on the effects of inflation upon per capita income growth in the region. There is a negative correlation: an inflation rate of even 20 percent reduces the per capita growth rate by 0.4 percentage point, or almost 1.5 percent of the regional mean of 3 percent growth between 1950 and 1980. This result does not hold, however, once high inflation observations are excluded. Finally we call attention to the persistent problems of income distribution and poverty. |
主题 | Macroeconomics |
URL | https://www.nber.org/papers/w3161 |
来源智库 | National Bureau of Economic Research (United States) |
引用统计 | |
资源类型 | 智库出版物 |
条目标识符 | http://119.78.100.153/handle/2XGU8XDN/560443 |
推荐引用方式 GB/T 7714 | Eliana A. Cardoso,Albert Fishlow. Latin American Economic Development: 1950-1980. 1989. |
条目包含的文件 | ||||||
文件名称/大小 | 资源类型 | 版本类型 | 开放类型 | 使用许可 | ||
w3161.pdf(806KB) | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 |
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