Growth and Institutions in Latin America: A pooled and cross-time series analysis (1951-1999)

Jairo Parada () and Alexandra García L. ()

No 7101, Revista de Economía del Caribe from Universidad del Norte

Abstract: The main objective of this paper is to develop a growth-model forLatin American countries that incorporates not only the usual economicvariables, such as investment, human capital, government expenditureand trade, but also variables that can be used as proxies of institutions forthese countries, covering the period of the second half of the twentiethcentury. The emphasis is more oriented to empirical issues rather thantheoretical ones.El principal objetivo de este artículo es desarrollar un modelo decrecimiento para los países de América Latina, que no sólo incorpora lasvariables usuales, como la inversión, el capital humano, gasto público ycomercio, sin que además, las variables puedan ser usadas como proxyde las instituciones para estos países, cubriendo el periodo de la segundamitad del siglo XX. El énfasis está orientado a cuestiones empíricas antesque teóricas.

Keywords: Colombia; growth; institutionsColombia; crecimiento; instituciones. (search for similar items in EconPapers)
JEL-codes: O43 O54 (search for similar items in EconPapers)
Pages: 32
Date: 2008-03-29
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Persistent link: https://EconPapers.repec.org/RePEc:col:000382:007101

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