Regional Convergence in Latin America

Regional Convergence in Latin America
This paper presents empirical evidence on convergence of per capita output for regions within six large middle-income Latin American countries: Argentina, Brazil, Chile, Colombia, Mexico, and Peru. It explores the role played by several exogenous sectoral shocks and differences in steady states within each country. It finds that poor and rich... READ MORE...

Publication date: May 2006
ISBN 9781451863857
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