/methodology/approach: Using the classifications of Brazil-led cluster and Mexico-led cluster from Izquierdo and Talvi, the study is advanced using …. Findings: The region's capital productivity is driven by Brazil-led cluster. In phase 1 (sectoral shifts), polarization is … noted in agriculture (dominated by Brazil-led cluster); and services (dominated by Mexico-led cluster). Uniformity exists in …

/methodology/approach – Using the classifications of Brazil-led cluster and Mexico-led cluster from Izquierdo and Talvi, the study is advanced using …. Findings – The region's capital productivity is driven by Brazil-led cluster. In phase 1 (sectoral shifts), polarization is … noted in agriculture (dominated by Brazil-led cluster); and services (dominated by Mexico-led cluster). Uniformity exists in …