Infrastructure and growth: the Latin American case

Victor Elias

Estudios de Economia, 1996, vol. 23, issue 2 Year 1996, 255-286

Abstract: The main objective of this paper is to evaluate the role of infrastructure investment (ISI) in the economic growth of Latin American countries. Previous studies evaluating the role of infrastructure capital on economic growth have generally focused on industrialized countries; few have specifically addressed the case of Latin America. Due to the poor economic growth of the Latin American countries during 1980s, and the ensuing unstable recovery during 1990s, it appears both useful and opportune to address the role of infrastructure investment of future Latin American economic growth. The aim is to estimate the contribution of “hard” infrastructure to economic growth and determine how its effects are different from noninfrastructure investment. Besides looking at the aggregate economic performance of each economy, two additional topics are presented. One refers to the effects of ISI on the productivity of the agricultural sector. The second studies the effects of ISI on the changes in regional income

Keywords: Infraestructure investment; growth. (search for similar items in EconPapers)
Date: 1996
References: Add references at CitEc
Citations:

Downloads: (external link)
http://www.econ.uchile.cl/uploads/publicacion/da42 ... 4b4-6f9f9f7d7ff7.pdf (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:udc:esteco:v:23:y:1996:i:2:p:255-286

Access Statistics for this article

Estudios de Economia is currently edited by Rómulo Chumacero

More articles in Estudios de Economia from University of Chile, Department of Economics Contact information at EDIRC.
Bibliographic data for series maintained by Verónica Kunze ().