TITLE

Comercio internacional, IED, capital humano e ingreso per cápita en América Latina y el Caribe

AUTHOR(S)
Castillo, Omar Neme; Valderrama Santibáñez, Ana Lilia; Ríos Bolívar, Humberto
PUB. DATE
May 2013
SOURCE
Ensayos - Revista de Economía;may2013, Vol. 32 Issue 1, p101
SOURCE TYPE
Academic Journal
DOC. TYPE
Article
ABSTRACT
This paper discusses the relationship between international trade and per capita income in 21 countries of Latin American and the Caribbean in the period 1977-2011. A model of neoclassical endogenous growth is developed to incorporate factors such as human capital and foreign trade which includes foreign technological capital stock. Econometric estimation employs a panel cointegration methodology. It is observed that foreign technology of exclusive use of foreign firms in Latin American countries narrowly drives per capita income. While imports of capital goods and the literacy rate contract it. It is estimated a positive relation between physical capital and income.
ACCESSION #
87613639

 

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