Real Incomes and Its Aggregates in Latin American and The Caribbean: A Tale of Convergence?

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Real incomes, consumption, government expenditures and investment for countries in Latin America and the Caribbean (LAC) for the period 1971 to 2012 are studied using a recently released source of data. Although growth in real incomes have not been uniform across all countries, for a large majority...

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Autor principal: Rambaldi, Alicia N.
Formato: Artículo revista
Lenguaje:Inglés
Publicado: Instituto de Economía y Finanzas. Facultad de Ciencias Económicas. Universidada Nacional de Córdoba. 2015
Materias:
América Latina
convergencia
base de datos UQICD
E01
N10
O47
Latin America
convergence
UQICD database
Acceso en línea:https://revistas.unc.edu.ar/index.php/REyE/article/view/16414
Aporte de:
Revistas de la UNC de Universidad Nacional de Córdoba
id I10-R10article-16414
record_format ojs
institution Universidad Nacional de Córdoba
institution_str I-10
repository_str R-10
container_title_str Revistas de la UNC
language Inglés
format Artículo revista
topic América Latina
convergencia
base de datos UQICD
E01
N10
O47
Latin America
convergence
UQICD database
E01
N10
O47
spellingShingle América Latina
convergencia
base de datos UQICD
E01
N10
O47
Latin America
convergence
UQICD database
E01
N10
O47
Rambaldi, Alicia N.
Real Incomes and Its Aggregates in Latin American and The Caribbean: A Tale of Convergence?
topic_facet América Latina
convergencia
base de datos UQICD
E01
N10
O47
Latin America
convergence
UQICD database
E01
N10
O47
author Rambaldi, Alicia N.
author_facet Rambaldi, Alicia N.
author_sort Rambaldi, Alicia N.
title Real Incomes and Its Aggregates in Latin American and The Caribbean: A Tale of Convergence?
title_short Real Incomes and Its Aggregates in Latin American and The Caribbean: A Tale of Convergence?
title_full Real Incomes and Its Aggregates in Latin American and The Caribbean: A Tale of Convergence?
title_fullStr Real Incomes and Its Aggregates in Latin American and The Caribbean: A Tale of Convergence?
title_full_unstemmed Real Incomes and Its Aggregates in Latin American and The Caribbean: A Tale of Convergence?
title_sort real incomes and its aggregates in latin american and the caribbean: a tale of convergence?
description Real incomes, consumption, government expenditures and investment for countries in Latin America and the Caribbean (LAC) for the period 1971 to 2012 are studied using a recently released source of data. Although growth in real incomes have not been uniform across all countries, for a large majority both income and consumption have been increasing since the beginning of this century. The trends indicate increasing prosperity which could lead to welfare gains if a sustained effort is made to reduce income inequality. The patterns in real investment and government consumption are more heterogeneous across countries. The majority of the South American economies, Panama, Mexico and most Caribbean economies have either maintain or increase real levels of investment. Government expenditures have been more varied; however, there is some evidence that after the global financial crises (2007-2008) a few economies increased real government expenditures when investment shares decreased.
publisher Instituto de Economía y Finanzas. Facultad de Ciencias Económicas. Universidada Nacional de Córdoba.
publishDate 2015
url https://revistas.unc.edu.ar/index.php/REyE/article/view/16414
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