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1 novembre 2011
- handle: 10670/1.i7y3md
Ce document est lié à :
10.4067/S0719-04332011000200004
info:eu-repo/semantics/openAccess
Mots-clés
Long-run growth total factor productivity industrialization Colombia relative income differencesSujets proches
Fortunes Household income Personal income Family incomeCiter ce document
ALVARO J RIASCOS, « TWO HUNDRED YEARS OF COLOMBIAN ECONOMIC GROWTH: THE ROLE OF TFP », Latin American Journal of Economics, ID : 10670/1.i7y3md
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Résumé
Using modern growth theory, we estimate Colombian total-factor productivity relative to the United Kingdom's for the last 200 years in order to match observed income differences. Our results show Colombia's remarkably inefficient use of technology relative to a country that is a leader in this regard and provide quantitative estimates of the proximate causes of relative income differences between the two economies.