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Theories of economic growth at the regional and national level, have expanded the traditional production function of the Solow model towards a wide function that collects conditioning factors of labour productivity, measured by R & D expenditure, the number of patents, the human capital, the...
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In this paper, we exploit a new annual historical data set for ten South American countries from 1960 to 2008, providing a basis for understanding the long-run economic growth within a two-equation framework. For this purpose, a system of two panel data models estimated by generalized least...
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We study the regional income disparities and it's dynamic in South American economies. We use a new historical data base that offers a detailed look at the evolution of national economies, shedding empirical light on income disparities. For this purpose, a system of multiple equations was...
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