This paper studies the relationships between tourism and economic growth through a dynamic model showing how the time preference affect the investment in a economic sector based on natural resources as tourism. Assuming extreme values, it is possible to verify that a high time preference or...

This paper analyses the regional convergence of sub-national states in the case of Mercosur from 1961 to 2005 by using a non-parametric techniques of clustering under the concept of regime of performance. That is, the convergence between two regions is established by the approximation of their...

Between 1985 and 1998, the growth rate of Chile was among the top four in the world (Massad, 2002, Gallego and Loayza, 2002) showing, moreover, a very heterogeneous behavior at regional level. The objective of this paper is to analyze how dissimilar are the economic performance of Chilean...

This paper studies the regional convergence of sub-national states in the case of Mercosur from 1961 to 2005 by using a non-parametric technique of clustering under the concept of \regime of performance". In the first section, a review in interregional convergence is shown for the Mercosur case....

This paper studies the regional convergence of sub-national states in the case of Mercosur from 1961 to 2005 by using a non-parametric technique of clustering under the concept of \regime of performance". In the first section, a review in interregional convergence is shown for the Mercosur case....

This paper studies the regional convergence of sub-national states in the case of Mercosur from 1961 to 2005 by using a non-parametric technique of clustering under the concept of \regime of performance". In the first section, a review in interregional convergence is shown for the Mercosur case....

El objetivo de este trabajo es estudiar la dinámica económica de un grupo de países de América Latina durante el período 1955-2003. Para ello se introduce un concepto alternativo de desempeño económico basado en la noción de regímenes dinámicos. Estos regímenes están definidos por...