Este escrito analiza la hipótesis de convergencia y el impacto de las políticas sociales en el cr... more Este escrito analiza la hipótesis de convergencia y el impacto de las políticas sociales en el crecimiento económico de los seis países más grandes de América Latina entre 1980 y 2010. Los resultados indican que las políticas sociales han influido en el crecimiento económico de esos países. De manera más precisa, existen variables no observables (efectos fijos) que afectaron positivamente el crecimiento de Venezuela y Chile, y factores no observables que afectaron negativamente a Brasil y México. Se encontró, además, que la velocidad de convergencia disminuye cuando aumenta el nivel de ingresos, lo que podría indicar que estos países pueden estar convergiendo a sus estados estacionarios.
This paper analyzes the impact that social public policies might have had on the economic growth ... more This paper analyzes the impact that social public policies might have had on the economic growth of Argentina, Brazil, Colombia, Chile, Mexico, and Venezuela during the period of 1980 to 2010. It also examines the hypothesis of convergence in these countries. To accomplish this goal, it uses panel data analysis on data extracted from the CEPAL and the Penn World Table databases. Empirical results are consistent with those found by Barro
This paper studies the relationship between social-political and judicial factors and private inv... more This paper studies the relationship between social-political and judicial factors and private investment in Latin America during 1995-2003 by means of panel data analysis. The empirical evidence suggests that investment rate differentials, not only among Latin American countries but also with developed countries might have been caused by these factors. Countries with a neutral and strong judicial system might see
Este escrito analiza la hipótesis de convergencia y el impacto de las políticas sociales en el cr... more Este escrito analiza la hipótesis de convergencia y el impacto de las políticas sociales en el crecimiento económico de los seis países más grandes de América Latina entre 1980 y 2010. Los resultados indican que las políticas sociales han influido en el crecimiento económico de esos países. De manera más precisa, existen variables no observables (efectos fijos) que afectaron positivamente el crecimiento de Venezuela y Chile, y factores no observables que afectaron negativamente a Brasil y México. Se encontró, además, que la velocidad de convergencia disminuye cuando aumenta el nivel de ingresos, lo que podría indicar que estos países pueden estar convergiendo a sus estados estacionarios.
This paper analyzes the impact that social public policies might have had on the economic growth ... more This paper analyzes the impact that social public policies might have had on the economic growth of Argentina, Brazil, Colombia, Chile, Mexico, and Venezuela during the period of 1980 to 2010. It also examines the hypothesis of convergence in these countries. To accomplish this goal, it uses panel data analysis on data extracted from the CEPAL and the Penn World Table databases. Empirical results are consistent with those found by Barro
This paper studies the relationship between social-political and judicial factors and private inv... more This paper studies the relationship between social-political and judicial factors and private investment in Latin America during 1995-2003 by means of panel data analysis. The empirical evidence suggests that investment rate differentials, not only among Latin American countries but also with developed countries might have been caused by these factors. Countries with a neutral and strong judicial system might see
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