Knowledge Intensity in a Set of Latin American Countries: Implications for Productivity

Matilde Mas, André Hofman () and Eva Benages ()

International Productivity Monitor, 2019, vol. 36, 204-233

Abstract: This article proposes to measure the knowledge intensity of economies with an alternative approach to those based on the aggregation of industries according to their R&D expenditure or the qualification of the workforce. The proposed metric is based on the economic valuation of productive services provided by a set of assets that incorporate knowledge, specifically human capital and information and communication technologies (ICT). Rather than using a single indicator to measure knowledge intensity, we follow an economic approach rooted in a growth accounting methodology, determining the contribution of each individual asset according to the prices of the services they provide. This methodology is applied to four Latin-American (LA) countries, namely Brazil, Chile, Colombia and Mexico, taking the United States and Spain as benchmarks for the period 2000-2016.

Keywords: R&D Expenditure; Human Capital; Information and Communication Technologies; Latin-America (search for similar items in EconPapers)
JEL-codes: J24 O32 (search for similar items in EconPapers)
Date: 2019
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Citations: View citations in EconPapers (1)

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