This article analyses the way in which different socio-political configurations have had a significant effect on the economic development of Argentina, Brasil and Mexico. The characteristics of the socio-political coalitions in the three countries are presented, and their imprints on industrial...

This paper proposes an extension of the Granger (1969) causality definition to panel data models with fixed coefficients. Given the heterogeneity of the data generating process, four definitions of causality relationships are proposed. A procedure of nested tests is then defined and a...