European Parliament Library

Regional Convergence in Latin America, Bennett Sutton, Genevieve Lindow, Maria Isabel Serra, Gustavo Ramirez, Maria Fernanda Pazmino

Abstract
This paper presents empirical evidence on convergence of per capita output for regions within six large middle-income Latin American countries: Argentina, Brazil, Chile, Colombia, Mexico, and Peru. It explores the role played by several exogenous sectoral shocks and differences in steady states within each country. It finds that poor and rich regions within each country converged at very low rates over the past three decades. It also finds evidence of regional "convergence clubs" within Brazil and Peru- the estimated speeds of convergence for these countries more than double after controlling for different subnational levels of steady state. For the latter countries and Chile, convergence is also higher after controlling for sector-specific shocks. Finally, results show that national disparities in per capita output increased temporarily after each country pursued trade liberalization
Table Of Contents
""Contents""; ""I. INTRODUCTION""; ""II. METHODOLOGY""; ""III. SUMMARY RESULTS FOR LATIN AMERICA""; ""IV. COUNTRY-BY-COUNTRY RESULTS""; ""V. CONCLUSIONS""; ""APPENDIX: DATA SOURCES AND DEFINITIONS""; ""REFERENCES""
Language
eng
Literary Form
non fiction
Note
At head of title: Western Hemisphere Department
Physical Description
1 online resource (29 p.)
Specific Material Designation
remote
Form Of Item
online
Isbn
9781462349807

Library Locations

  • EP Library Brussels

    60 rue Wiertz, Brussels, B-1047, BE
    Borrow
  • EP Library Luxembourg

    Rue du Fort Thüngen, Luxembourg, L-1313, LU
    Borrow
  • EP Library Strasbourg

    7 Place Adrien Zeller, Allée du Printemps, Strasbourg, F-67070, FR
    Borrow