INVESTIGADORES
DELBIANCO Fernando AndrÉs
artículos
Título:
Economic Growth Regimes: Evidence from Latin America
Autor/es:
DABÚS, CARLOS; DELBIANCO, FERNANDO
Revista:
Cuadernos de Economía
Editorial:
Universidad Nacional de Colombia
Referencias:
Año: 2023
ISSN:
0121-4772
Resumen:
This paper studies the effect of economic instability, income inequality and openness in the transition to different growth regimes for 18 Latin American countries during the 1980-2014 period. The study is carried out among three different levels: low, middle and high economic growth. The countries are categorized according to the method of k-median clustering. We use panel data estimation applying random effects model and ordered logit. The results indicate that instability and inequality affect negatively the economic performance of the region, while openness is not significant to explain economic growth.
