Productivity in Latin America: The Challenge of the Service Sector

Carmen Pages

Chapter 3 in The Age of Productivity, 2010, pp 45-67 from Palgrave Macmillan

Abstract: Abstract Since at least the 1950s, scholars have viewed development as a process of progressive transformation: economies based predominantly on traditional sectors, with “tradition” equated with agriculture, evolve toward economies dominated by modern sectors, often associated with industry1 This process of transformation is prompted by gains in agricultural productivity, which in turn encourages increasing numbers of agricultural workers to migrate to industries with higher productivity. Understanding shifting patterns across sectors, as well as the evolution of productivity within sectors, can yield important clues about the determinants of aggregate productivity.

Keywords: Labor Productivity; Productivity Growth; Service Sector; Total Factor Productivity; Industrial Sector (search for similar items in EconPapers)
Date: 2010
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Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-0-230-10761-8_3

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DOI: 10.1057/9780230107618_3

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