The paper studies Brazil’s economic growth and begins with a brief overview of events that marked the country’s development from her discovery to the 19th century. It then divides the years between 1900 and 2008 into four ...

We provide three basic elements for the analysis of the economic growth in Colombia: In order to get the factor shares, we separate produced physical capital income from natural capital income and raw labor income from the ...

This research produced evidence about the contribution of investment and other sources to the growth process of Latin America during 1960-2002, and provided answers to the questions listed above unless from an historical ...

We define a country's beta as the covariance of domestic consumption growth with world consumption growth scaled by the world's variance. Beta is related to a country's risk-taking position in models of international ...

Recent evidence shows that factor shares are not constant. Consequently, growth accounting exercises rely on a false assumption and a measurement problem arises. We propose an empirical methodology to solve the measurement ...