Economic growth regimes: Evidence from Latin America

Autor:	Fernando Delbianco, Carlos Dabús
Jazyk:	English<br />Spanish; Castilian
Rok vydání:	2023
Předmět:	Growth regimes economic instability income inequality Latin America Social Sciences Economic history and conditions HC10-1085
Zdroj:	Cuadernos de Economía, Vol 42, Iss 89 (2023)
Druh dokumentu:	article
ISSN:	0121-4772 2248-4337
DOI:	10.15446/cuad.econ.v42n89.94817
Popis:	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 determining three different levels: low, middle and high economic growth. The countries are categorised 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 negatively affect the economic performance of the region, while openness is not a significant factor in explaining economic growth.
Databáze:	Directory of Open Access Journals
Externí odkaz:	https://doaj.org/article/b8cc999ea9b64817a79c9f3502d02aee Zobrazit plný text záznamu View record in DOAJ