Economic growth regimes: Evidence from Latin America
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 cou...
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| Format: | Article |
| Language: | English |
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Universidad Nacional de Colombia
2023-06-01
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| Series: | Cuadernos de Economía |
| Subjects: | |
| Online Access: | https://revistas.unal.edu.co/index.php/ceconomia/article/view/94817 |
| _version_ | 1797768432677027840 |
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| author | Fernando Delbianco Carlos Dabús |
| author_facet | Fernando Delbianco Carlos Dabús |
| author_sort | Fernando Delbianco |
| collection | DOAJ |
| description |
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.
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| first_indexed | 2024-03-12T20:54:32Z |
| format | Article |
| id | doaj.art-b8cc999ea9b64817a79c9f3502d02aee |
| institution | Directory Open Access Journal |
| issn | 0121-4772 2248-4337 |
| language | English |
| last_indexed | 2024-03-12T20:54:32Z |
| publishDate | 2023-06-01 |
| publisher | Universidad Nacional de Colombia |
| record_format | Article |
| series | Cuadernos de Economía |
| spelling | doaj.art-b8cc999ea9b64817a79c9f3502d02aee2023-07-31T22:02:50ZengUniversidad Nacional de ColombiaCuadernos de Economía0121-47722248-43372023-06-01428910.15446/cuad.econ.v42n89.94817Economic growth regimes: Evidence from Latin AmericaFernando DelbiancoCarlos Dabús0Departamento de Economía (UNS) - IIESS, CONICET 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. https://revistas.unal.edu.co/index.php/ceconomia/article/view/94817Growth regimeseconomic instabilityincome inequalityLatin America |
| spellingShingle | Fernando Delbianco Carlos Dabús Economic growth regimes: Evidence from Latin America Cuadernos de Economía Growth regimes economic instability income inequality Latin America |
| title | Economic growth regimes: Evidence from Latin America |
| title_full | Economic growth regimes: Evidence from Latin America |
| title_fullStr | Economic growth regimes: Evidence from Latin America |
| title_full_unstemmed | Economic growth regimes: Evidence from Latin America |
| title_short | Economic growth regimes: Evidence from Latin America |
| title_sort | economic growth regimes evidence from latin america |
| topic | Growth regimes economic instability income inequality Latin America |
| url | https://revistas.unal.edu.co/index.php/ceconomia/article/view/94817 |
| work_keys_str_mv | AT fernandodelbianco economicgrowthregimesevidencefromlatinamerica AT carlosdabus economicgrowthregimesevidencefromlatinamerica |