1. POLÍTIC A SOCIAL Y CRECIMIENTO ECONÓMICO EN SEIS PAÍSES LATI NOAMERICANOS, 1980-2010.
- Author
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Pulido, Clarimar and Ustorgio Mora, José
- Subjects
- *
ECONOMIC development , *ECONOMIC convergence , *ECONOMIC sociology , *SOCIOECONOMICS , *ECONOMIC policy , *SOCIAL policy ,LATIN American economy - Abstract
This paper analyzes the convergence hypothesis and the impact of social policy on the economic growth of the six largest countries in Latin America between 1980 and 2010. Results suggest that social public policies have positively influenced growth in these economies. Particularly, there are non-observed variables (fixed effects) that positively affect the economic growth in Venezuela and Chile; however, there are other non-observed variables that may be negatively affecting growth in Brazil and Mexico. Regarding the convergence hypothesis, results reveal that the speed of convergence diminishes as real income rises, implying that these countries might be converging to their stable states. [ABSTRACT FROM AUTHOR]
- Published
- 2019
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