EconPapers    
Economics at your fingertips  
 

Comparing Different Estimation Methodologies of Regional GDPs in Latin American Countries

Alfonso Díez-Minguela () and María Teresa Sanchis Llopis ()
Additional contact information
Alfonso Díez-Minguela: Universitat de València
María Teresa Sanchis Llopis: Universitat de València

Authors registered in the RePEc Author Service: Alfonso Díez Minguela ()

Chapter Chapter 2 in Time and Space, 2020, pp 17-40 from Palgrave Macmillan

Abstract: Abstract This chapter presents a survey of the different methods used to reconstitute long-run income estimations for the Latin American regions. The main purpose is to alert on potential biases derived from them. Although the bottom-up approaches based on the direct estimation of aggregate production, income or expenditure are the preferred option, they have barely been used. The main reason is that all of them are highly data-demanding. Instead, the indirect non-parametric approaches, combined sometimes with direct estimations for agriculture and extractive industries, have been the most recurrent way to estimate output. Out of the nine countries in the sample, seven have followed this “mixed approach” (Argentina, Bolivia, Brazil, Chile, Mexico, Venezuela and Uruguay). Meanwhile, the Peruvian estimates follow a parametric approach and the Colombian estimates backwardly discount the regional growth rates of proxy variables to current official regional estimates. Apart from other considerations, this issue should be taken into account when comparing the substantial differences across countries with regard to regional income disparities.

Keywords: Economic history; Methods; Regional inequality; Latin America (search for similar items in EconPapers)
Date: 2020
References: Add references at CitEc
Citations:

There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.

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:pal:palscp:978-3-030-47553-6_2

Ordering information: This item can be ordered from
http://www.palgrave.com/9783030475536

DOI: 10.1007/978-3-030-47553-6_2

Access Statistics for this chapter

More chapters in Palgrave Studies in Economic History from Palgrave Macmillan
Bibliographic data for series maintained by Sonal Shukla () and Springer Nature Abstracting and Indexing ().

 
Page updated 2025-03-31
Handle: RePEc:pal:palscp:978-3-030-47553-6_2