Despite having accumulated physical and human capital at significant rates, Latin America's growth has been generally disappointing. Successful growth episodes have been accompanied by surges in TFP, sound and stable macroeconomic policies, and fewer distortions and government interventions....

China's import penetration in Chilean markets is higher in unskilled-labor intensive sectors as predicted by traditional endowment-based theories of comparative advantage. However, there is also evidence of within-industry specialization. In particular, high-income countries receive higher...

The long-run economic performance of Latin America has been unsatisfactory especially in comparison with other emerging economies, which have been able to “catch up” with developed countries. The historically low innovation and dynamic entrepreneurship rates have been identified as two of...

China's import penetration in Chilean markets is higher in unskilled-labor intensive sectors as predicted by traditional endowment-based theories of comparative advantage. However, there is also evidence of within-industry specialization. In particular, high-income countries receive higher...

In this paper, we discuss several aspects related to innovation and entrepreneurship in Latin America (LATAM). First, we document how LATAM lags behing high-income economies using various innovation indicators and how heterogeneity is a relevant issue for the region. Then, we review the main...