6 articles in this issue
Sebastián Edwards
In this paper I deal with some of the most important policy issues related to economic growth theory, and I argue that the recent literature in the field have been almost silent with respect to some of the most important concerns among policy makers. I al... see more
Mariano Tomassi
High inflation disrupts the organization of markets. This paper relates those “Industrial Organization” effects of inflation to the poor growth performance of high-inflation economies, in the context of a Schumpeterian growth model.
Ronald Fischer, Pablo Serra
This paper uses a dynamic model of trade with specific factors of production to analyze the evolution of an economy that opens to international trade. Each period the allocation of labor is determines by previous period investment. The model cannot adapt ... see more
Patricio Mujica
The purpose of this paper is to explore some issues and implications regarding the design of economic policies which derive from incorporating related to a society’s process of knowledge accumulation associated with an analysis of the relationship between... see more
José Miguel Benavente, Gustavo Crespi
It may be stated that there exists, within the field of the economy, a growing consensus regarding the fact that together with capital accumulation, technological progress and its associated innovations are the central forces of the process of economic gr... see more
Víctor Elías
The main objective of this paper is to evaluate the role of infrastructure investment (ISI) in the economic growth of Latin American countries. Previous studies evaluating the role of infrastructure capital on economic growth have generally focused on ind... see more