Despite having accumulated physical and human capital at significant rates, Latin America´s growth has been generally disappointing. Successful growth episodes have been accompanied by surges in TFP, sound and stable macroeconomic policies, and fewer distortions and government interventions....

En este artículo se construye una serie homogénea del stock de capital de la economía chilena entre 1960 y 1984. El enfoque metodológico básico es el desarrollado por Arnold Harberger. En los casos en que este método no es aplicable por falta de información, se desarrollan métodos...

This brief overview highlights some of the most relevant aspects addressed in the different papers, concerning a wide range of countries in the world, in this especial issue devoted to economic growth. All papers have a common core: how economic policy affects growth, especially emphasizing the...

This paper highlights a long-standing debate on whether openness does help economic efficiency in the light of the data for Chilean manufacturing industry. To do so, we analyse the TFP growth during the period of the abrupt trade reform in the seventies. This data base provides evidence favoring...

This paper adressess growth measurement within the traditional growth accounting framework, by relating growth in labor productivity and growth in total factor productivity (TFP) to economic policies. Additionally, the relationship between TFP and measurement of human capital and scale economies...

The main objective of this paper is to analyze the degree of regional economic convergence in the Southern Cone, using regional data of Argentina and Chile during the 1960-1985 period. This study found a more rapid convergence in the case of Chile than in the case of Argentina (which could be...

Recent research has found evidence that supports the purchasing power parity (PPP) condition in developed countries using very long-span data, while evidence for developing countries is almost nonexistent. This paper tries to fulfill this void by testing the validity of PPP as a long run...