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|c 5.00 USD
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|z 9781451959758
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|a 1018-5941
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|a BD-DhAAL
|c BD-DhAAL
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|a De Gregorio, Jose.
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|a Economic Growth in Latin America /
|c Jose De Gregorio.
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|a Washington, D.C. :
|b International Monetary Fund,
|c 1991.
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| 300 |
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|a 1 online resource (58 pages)
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|a IMF Working Papers
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|a <strong>Off-Campus Access:</strong> No User ID or Password Required
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|a <strong>On-Campus Access:</strong> No User ID or Password Required
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|a Electronic access restricted to authorized BRAC University faculty, staff and students
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|a This paper studies growth determinants in 12 Latin American countries during the period 1950-85. In a simple growth accounting framework, the share of labor in income is found to be lower in the sample group than in developed countries, while factor productivity growth accounts for a larger proportion of growth in the fastest growing countries in the sample. Using panel data, macroeconomic stability is found to play, in addition to investment (physical and human), a crucial role in growth. To a lesser extent, growth is negatively correlated with government consumption and political instability. The terms of trade appear to have no significant effect on growth.
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|a Mode of access: Internet
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|a IMF Working Papers; Working Paper ;
|v No. 1991/071
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| 856 |
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|z Full text available on IMF
|u http://elibrary.imf.org/view/journals/001/1991/071/001.1991.issue-071-en.xml
|z IMF e-Library
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