Structural Transformation and Productivity in Latin America

AUTOR(ES)

Silva, Leonardo Fonseca da

FONTE

Escola de Pós-Graduação em Economia da FGV

DATA DE PUBLICAÇÃO

12/08/2011

RESUMO

We investigate the role of sectorial differences in labor productivity and the process of structural transformation (reallocation of labor across sectors) in accounting for the time path of aggregate productivity across six Latin American countries (Brazil, Chile, Argentina, Colombia, Mexico and Venezuela) from 1950 to 2003. We used a general equilibrium model with three sectors (agriculture, industry and services) calibrated to those six economies. The model is used to compare the trajectory of productivity in each sector of activity with that of the United States and it impact on aggregate productivity.While in Brazil and Argentina, the Service Sector was responsible for reversing the process of catch up in productivity that occurred until the 1980s, in others, like Colombia, Mexico and Venezuela, low productivity growth of the three sectors explain their poor performance.

Documentos Relacionados

• Agricultural productivity in Latin America and the Caribbean and sources of growth.
• Infrastructure and productivity in Latin America: is there a relationship in the long run?
• The Evolution of TFP in Latin America: High Productivity when Distortions Were High?
• Growth, structural change and technological capabilities Latin America in a comparative perspective
• Foreign direct investment in developing economies A study on the productivity spillover effects in Latin America