Premature deindustrialization in Latin America

Mario Castillo and Antonio Martins

Desarrollo Productivo from Naciones Unidas Comisión Económica para América Latina y el Caribe (CEPAL)

Abstract: Defining deindustrialization as a situation of falling share of manufacturing employment and value added in total employment and GDP, respectively, and a rising specialization in primary goods, this paper provides an empirical analysis of the recent (and in some cases historical) path of four Latin American countries (Argentina, Brazil, Chile and Mexico), contributing to the debate on the matter of premature deindustrialization. We argue that Argentina, Brazil and Chile face premature deindustrialization, increasing their specialization in commodities, resource-based manufactures and low productivity services, while Mexico urges a deeper analyze of its structure.

Date: 2016-06
New Economics Papers: this item is included in nep-lam
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Citations: View citations in EconPapers (9)

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Persistent link: https://EconPapers.repec.org/RePEc:ecr:col026:40241

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