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150128 ||| eng |
| 020 |
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|a 9781451863857
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| 100 |
1 |
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|a Sutton, Bennett
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| 245 |
0 |
0 |
|a Regional Convergence in Latin America
|c Bennett Sutton, Genevieve Lindow, Maria Isabel Serra, Gustavo Ramirez, Maria Fernanda Pazmino
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| 260 |
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|a Washington, D.C.
|b International Monetary Fund
|c 2006
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| 300 |
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|a 29 pages
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| 651 |
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4 |
|a Brazil
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| 653 |
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|a Manufacturing industries
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| 653 |
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|a Natural Resource Extraction
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| 653 |
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|a Public expenditure review
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| 653 |
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|a Agribusiness
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| 653 |
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|a International Trade Organizations
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| 653 |
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|a Public finance & taxation
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| 653 |
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|a Mineral industries
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| 653 |
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|a Trade Policy
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| 653 |
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|a Trade liberalization
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| 653 |
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|a Manufacturing
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| 653 |
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|a Mining sector
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| 653 |
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|a Exports and Imports
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| 653 |
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|a International economics
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| 653 |
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|a Agriculture: General
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| 653 |
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|a Industry Studies: Manufacturing: General
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| 653 |
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|a Agricultural industries
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| 653 |
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|a National Government Expenditures and Related Policies: General
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| 653 |
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|a Industries: Manufacturing
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| 653 |
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|a Commercial policy
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| 653 |
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|a Agricultural sector
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| 653 |
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|a Expenditures, Public
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| 653 |
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|a Agricultural economics
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| 653 |
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|a Industry Studies: Primary Products and Construction: General
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| 653 |
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|a Public Finance
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| 653 |
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|a Extractive industries
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| 700 |
1 |
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|a Lindow, Genevieve
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| 700 |
1 |
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|a Pazmino, Maria Fernanda
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| 700 |
1 |
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|a Ramirez, Gustavo
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| 041 |
0 |
7 |
|a eng
|2 ISO 639-2
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| 989 |
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|b IMF
|a International Monetary Fund
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| 490 |
0 |
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|a IMF Working Papers
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| 028 |
5 |
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|a 10.5089/9781451863857.001
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| 856 |
4 |
0 |
|u https://elibrary.imf.org/view/journals/001/2006/125/001.2006.issue-125-en.xml?cid=19184-com-dsp-marc
|x Verlag
|3 Volltext
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| 082 |
0 |
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|a 330
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| 520 |
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|a 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
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