A structural decomposition analysis of “Latin American decade” for selected countries
نویسندگان
چکیده
The 2003-2014 period for Latin America refers to the recent boom within growth cycles of region and is called as “Latin American decade”. Given that, purpose paper analyze this specific based on structural transformation dynamics. In context, decomposition methods are evaluated outline patterns. For analysis, Groningen Growth Development Centre (GGDC) Economic Transformation Database (ETD), which provides annual data employment real value added by 12 sub-sectors, used 8 LA countries (Argentina, Bolivia, Brazil, Chile, Colombia, Ecuador, Mexico, Peru). analysis applied three main periods (1990-2018, 1990-2003 2003-2014) region. So it predicted define whether decade” differs from previous period, regarding During decade”, has gone commodity-led pattern deindustrialization. Moreover, not so homogenous. Specifically, mining sector non-tradeable sectors dominate dynamics some countries. Due these patterns, results underlie that productivity gains remained at low levels. need design strategies focus escaping traps.
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ژورنال
عنوان ژورنال: Asian Journal of Empirical Research
سال: 2023
ISSN: ['2224-4425', '2306-983X']
DOI: https://doi.org/10.55493/5004.v13i1.4747