9 articles in this issue
Elias Dinopoulos, Peter Thompson
A two-country model of growth is developed with exogenous fluctuations in the rate of technological progress. Technological growth in the leading country follows a random walk, while in the lagging country the rate of advance depends on the technological ... see more
Víctor Elías
The objective of this paper is to study economic regional convergence in Argentina, Brazil, and Peru using the methodology of Barro and Sala-i-Martin. Even though the regional data on those countries are not as rich as needed to fully apply their methodol... see more
Rolf Mantel
The usual procedure in the field of optimal growth consists in maximizing a (discounted or not) sum of instantaneous utilities, called welfare. Such an optimality criterion implies that preferences are independent over time. Following in the tradition of ... see more
Pablo Serra
This paper analyzes Chilean research and development (R&D) policy. To do so, it describes the institutions responsible for policy design and implementation as well as those which conduct R&D. In addition, it addresses the R&D policy and the instruments us... see more
José Miguel Benavente, Gustavo Crespi
The purpose of this paper is to formulate a theoretical framework as an alternative to the neoclassical one in order to find a more consistent explanation to the phenomenon of innovation and the process of growth. This new frame of thought, developed on t... see more
José Luis Maia, Javier Ortiz
In this paper we make explicit the relationship that exists between a set of structural reforms –as those undertaken in Argentina at the beginnings of the nineties- and the growth process that they generate. It is argued that such reforms, and particularl... see more
Hildegart Ahumada, Pablo Sanguinetti
Export growth is often singled out as a key aspect in processes of fast and sustainable increases in per capita income. In this paper we revisit this export-led growth hypothesis (ELGH). From an empirical point of view we study this phenomenon applying Gr... see more
Rodrigo Fuentes
This paper highlights a long-standing debate on whether openness does help economic efficiency in the light of the data for Chilean manufacturing industry. To do so, we analyse the TFP growth during the period of the abrupt trade reform in the seventies. ... see more
Leonardo Letelier
This paper focuses on the relationship between income distribution and growth. It first addresses the theoretical contributions to this issue and secondly it analyzes the empirical evidence available. Three important steps can be distinguished in the theo... see more