1. LA COMPLEJIDAD Y EL DESARROLLO ECONÓMICO DE AMÉRICA LATINA, 1995-2018.
- Author
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Cervantes Martínez, Rosario and Villaseñor Becerra, Jorge
- Subjects
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ECONOMIC development , *ECONOMIC competition , *ECONOMIC indicators , *INCOME gap , *HUMAN Development Index , *ECONOMIC value added (Corporations) , *PER capita , *INCOME inequality , *STAGNATION (Economics) - Abstract
This article analyzes the behavior of the Economic Fitness indicator as a measure of the international competitiveness of Latin American economies, as well as an indicator of their relationship with per capita income gaps and the Human Development Index (HDI). Positive correlations were found between per capita income gaps and the stagnation of the international competitiveness of Latin American economies, as well as between human development levels and the productive structure, suggesting a causal relationship between human development and competitiveness. This paper also finds that the Economic Fitness indicator fluctuates significantly when estimated using exports in domestic value-added, suggesting that the original estimate may over- or underestimate competitiveness. [ABSTRACT FROM AUTHOR]
- Published
- 2022
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