info:eu-repo/semantics/article
Services as drivers of economic growth: Is there an opportunity for Latin America countries?
Fecha
2020-02Registro en:
Cassini, Lorenzo; Robert, Veronica; Services as drivers of economic growth: Is there an opportunity for Latin America countries?; Routledge; Economics of Innovation and New Technology; 29; 7; 2-2020; 762-783
1043-8599
1476-8364
CONICET Digital
CONICET
Autor
Cassini, Lorenzo
Robert, Veronica
Resumen
Considering the recent improvements in services innovation and productivity performance, the aim of the article is to analyze if they can act as a new growth driver for Latin American countries. For that, we review the literature on services and structural change in two stages. First, we apply a bibliometric methodology to identify the main trends in literature. Second, we analyze in-depth a smaller set of papers in order to extract the main lessons regarding three aspects of our question: (i) services and productivity growth, (ii) new opportunities for innovation in services and (iii) relation between services and manufacturing through servitization process. The results show that productivity and innovation growth in services are concentrated in only a few branches. Besides this, services performance depends on their links with manufacturing activities. We conclude that the current Latin American servitization process clausure opportunities for developing instead of opening them.