Evaluating policies to improve total factor productivity in four large Latin American countries

Includes bibliography.

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Autores principales: Aravena, Claudio, Hofman, André A., Fernández de Guevara, Juan, Mas, Matilde
Formato: Texto
Lenguaje:English
Publicado: ECLAC 2014
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Acceso en línea:http://hdl.handle.net/11362/36839
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spelling oai-11362-368392020-03-06T16:50:27Z Evaluating policies to improve total factor productivity in four large Latin American countries Aravena, Claudio Hofman, André A. Fernández de Guevara, Juan Mas, Matilde CONDICIONES ECONOMICAS PRODUCTIVIDAD MEDICION INDICADORES ECONOMICOS ANALISIS COMPARATIVO ECONOMIC CONDITIONS PRODUCTIVITY MEASUREMENT ECONOMIC INDICATORS COMPARATIVE ANALYSIS Includes bibliography. This paper develops a framework to analyze the potential of different variables to increase total factor productivity (TFP) growth in countries with poor productivity performance. It takes an industry level approach for a set of countries used as a benchmark. The information comes from the EU KLEMS and LA KLEMS databases. Once this influence is measured, the difference in the scores of each variable in four Latin American countries (Argentina, Brazil, Chile and Mexico) with respect to the benchmark is used to test their potential for increasing productivity growth. Results show that, the top priorities for these four countries are to improve the labour market, to reduce the share of self-employed people and to modernize the functioning of their economic systems. Our results also indicate that the intensification of investment in ICT and R&D activities is a key instrument for promoting growth. Public policies should also aim to encourage a higher endowment of Internet infrastructures and their use. Abstract .-- Introduction .-- I. Determinants of productivity: literature review .-- II. Evolution of total factor productivity: Latin American countries vs. United States and Europe .-- III. Policy variables to improve total factor productivity: methodology and definitions .-- IV. Determinants of productivity (TFP) in the benchmark countries .-- V. Policy variables to improve TFP growth in the large Latin American countries .-- VI. Conclusions. 2014-07-16T18:57:57Z 2014-07-16T18:57:57Z 2014-06 Texto Documento Completo http://hdl.handle.net/11362/36839 LC/L.3840 en Serie Macroeconomía del Desarrollo 147 .pdf application/pdf AMERICA LATINA ARGENTINA BRASIL CHILE MEXICO ARGENTINA BRAZIL CHILE LATIN AMERICA MEXICO ECLAC
institution Cepal
collection Cepal
language English
topic CONDICIONES ECONOMICAS
PRODUCTIVIDAD
MEDICION
INDICADORES ECONOMICOS
ANALISIS COMPARATIVO
ECONOMIC CONDITIONS
PRODUCTIVITY
MEASUREMENT
ECONOMIC INDICATORS
COMPARATIVE ANALYSIS
spellingShingle CONDICIONES ECONOMICAS
PRODUCTIVIDAD
MEDICION
INDICADORES ECONOMICOS
ANALISIS COMPARATIVO
ECONOMIC CONDITIONS
PRODUCTIVITY
MEASUREMENT
ECONOMIC INDICATORS
COMPARATIVE ANALYSIS
Aravena, Claudio
Hofman, André A.
Fernández de Guevara, Juan
Mas, Matilde
Evaluating policies to improve total factor productivity in four large Latin American countries
description Includes bibliography.
format Texto
author Aravena, Claudio
Hofman, André A.
Fernández de Guevara, Juan
Mas, Matilde
author_facet Aravena, Claudio
Hofman, André A.
Fernández de Guevara, Juan
Mas, Matilde
author_sort Aravena, Claudio
title Evaluating policies to improve total factor productivity in four large Latin American countries
title_short Evaluating policies to improve total factor productivity in four large Latin American countries
title_full Evaluating policies to improve total factor productivity in four large Latin American countries
title_fullStr Evaluating policies to improve total factor productivity in four large Latin American countries
title_full_unstemmed Evaluating policies to improve total factor productivity in four large Latin American countries
title_sort evaluating policies to improve total factor productivity in four large latin american countries
publisher ECLAC
publishDate 2014
url http://hdl.handle.net/11362/36839
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