TWO HUNDRED YEARS OF COLOMBIAN ECONOMIC GROWTH: THE ROLE OF TFP

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...

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Autor principal: RIASCOS,ALVARO J
Lenguaje:English
Publicado: Pontificia Universidad Católica de Chile. Instituto de Economía. 2011
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Acceso en línea:http://www.scielo.cl/scielo.php?script=sci_arttext&pid=S0719-04332011000200004
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spelling oai:scielo:S0719-043320110002000042012-05-29TWO HUNDRED YEARS OF COLOMBIAN ECONOMIC GROWTH: THE ROLE OF TFPRIASCOS,ALVARO J Long-run growth total factor productivity industrialization Colombia relative income differences 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.info:eu-repo/semantics/openAccessPontificia Universidad Católica de Chile. Instituto de Economía.Latin american journal of economics v.48 n.2 20112011-11-01text/htmlhttp://www.scielo.cl/scielo.php?script=sci_arttext&pid=S0719-04332011000200004en10.4067/S0719-04332011000200004
institution Scielo Chile
collection Scielo Chile
language English
topic Long-run growth
total factor productivity
industrialization
Colombia
relative income differences
spellingShingle Long-run growth
total factor productivity
industrialization
Colombia
relative income differences
RIASCOS,ALVARO J
TWO HUNDRED YEARS OF COLOMBIAN ECONOMIC GROWTH: THE ROLE OF TFP
description 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.
author RIASCOS,ALVARO J
author_facet RIASCOS,ALVARO J
author_sort RIASCOS,ALVARO J
title TWO HUNDRED YEARS OF COLOMBIAN ECONOMIC GROWTH: THE ROLE OF TFP
title_short TWO HUNDRED YEARS OF COLOMBIAN ECONOMIC GROWTH: THE ROLE OF TFP
title_full TWO HUNDRED YEARS OF COLOMBIAN ECONOMIC GROWTH: THE ROLE OF TFP
title_fullStr TWO HUNDRED YEARS OF COLOMBIAN ECONOMIC GROWTH: THE ROLE OF TFP
title_full_unstemmed TWO HUNDRED YEARS OF COLOMBIAN ECONOMIC GROWTH: THE ROLE OF TFP
title_sort two hundred years of colombian economic growth: the role of tfp
publisher Pontificia Universidad Católica de Chile. Instituto de Economía.
publishDate 2011
url http://www.scielo.cl/scielo.php?script=sci_arttext&pid=S0719-04332011000200004
work_keys_str_mv AT riascosalvaroj twohundredyearsofcolombianeconomicgrowththeroleoftfp
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