Fentanes, Oscar; Levy, Santiago - In: Economia : journal of the Latin American and Caribbean … 23 (2024) 1, pp. 283-310
Over the last three decades, Total Factor Productivity growth in Latin America has disappointed and informality … manufacturing exports grew from 7 to 33 per cent of GDP, but labor informality barely changed, firm informality increased, and TFP … the sector composition of the economy. In the first, case we show that high productivity formal firms exited; surviving …