Capital humano, desigualdad y crecimiento económico en América Latina

Macarena Suanes y Oriol Roca estudiaron los principales determinantes de la desigualdad y el crecimiento economico en America-Latina entre 1980 y 2009, y encontraron que uno de los principales fue la inversion extranjera directa. Este articulo extiende ese estudio hasta 2015, y muestra que dicha inversion ya no es significativa. En cambio, el aumento del capital humano reduce en forma significativa la desigualdad y mejora el crecimiento economico. Se recomienda, entonces, que las politicas economicas se orienten a elevar el nivel educativo.

Guardado en:

0124-5996

2346-2450

23

2021-07-01

265

283

Luis Brito Gaona, Emma Iglesias Vásquez - 2021

Esta obra está bajo una licencia internacional Creative Commons Atribución-NoComercial-CompartirIgual 4.0.

info:eu-repo/semantics/openAccess

http://purl.org/coar/access_right/c_abf2

id 32003aa33375ed215db3902281666e3c
record_format ojs
institution UNIVERSIDAD EXTERNADO DE COLOMBIA
thumbnail https://nuevo.metarevistas.org/UNIVERSIDADEXTERNADODECOLOMBIA/logo.png
country_str Colombia
collection Revista de Economía Institucional
title Capital humano, desigualdad y crecimiento económico en América Latina
spellingShingle Capital humano, desigualdad y crecimiento económico en América Latina
Iglesias Vásquez, Emma
Brito Gaona, Luis
crescimento econômico, capital humano, desigualdade, América Latina
crecimiento económico, capital humano, desigualdad, América Latina
I24, I25, I28
I24, I25, I28
I24, I25, I28
Economic growth, human capital, inequality, Latin-America
title_short Capital humano, desigualdad y crecimiento económico en América Latina
title_full Capital humano, desigualdad y crecimiento económico en América Latina
title_fullStr Capital humano, desigualdad y crecimiento económico en América Latina
title_full_unstemmed Capital humano, desigualdad y crecimiento económico en América Latina
title_sort capital humano, desigualdad y crecimiento económico en américa latina
title_eng Human capital, inequality and economic growth in Latin-America
description Macarena Suanes y Oriol Roca estudiaron los principales determinantes de la desigualdad y el crecimiento economico en America-Latina entre 1980 y 2009, y encontraron que uno de los principales fue la inversion extranjera directa. Este articulo extiende ese estudio hasta 2015, y muestra que dicha inversion ya no es significativa. En cambio, el aumento del capital humano reduce en forma significativa la desigualdad y mejora el crecimiento economico. Se recomienda, entonces, que las politicas economicas se orienten a elevar el nivel educativo.
description_eng Macarena Suanes and Oriol Roca studied the main determinants of inequality and economic growth in Latin America between 1980 and 2009 and found that one of the main determinants was foreign direct investment. This paper extends that study to 2015 and shows that such investment is no longer significant. In contrast, increasing human capital significantly reduces inequality and improves economic growth. It is recommended, then, that economic policies are oriented towards raising educational attainment.
author Iglesias Vásquez, Emma
Brito Gaona, Luis
author_facet Iglesias Vásquez, Emma
Brito Gaona, Luis
topicspa_str_mv crescimento econômico, capital humano, desigualdade, América Latina
crecimiento económico, capital humano, desigualdad, América Latina
I24, I25, I28
I24, I25, I28
topic crescimento econômico, capital humano, desigualdade, América Latina
crecimiento económico, capital humano, desigualdad, América Latina
I24, I25, I28
I24, I25, I28
I24, I25, I28
Economic growth, human capital, inequality, Latin-America
topic_facet crescimento econômico, capital humano, desigualdade, América Latina
crecimiento económico, capital humano, desigualdad, América Latina
I24, I25, I28
I24, I25, I28
I24, I25, I28
Economic growth, human capital, inequality, Latin-America
citationvolume 23
citationissue 45
citationedition Núm. 45 , Año 2021 : Julio-diciembre
publisher Universidad Externado de Colombia
ispartofjournal Revista de Economía Institucional
source https://revistas.uexternado.edu.co/index.php/ecoins/article/view/7351
language Español
format Article
rights http://creativecommons.org/licenses/by-nc-sa/4.0
Luis Brito Gaona, Emma Iglesias Vásquez - 2021
Esta obra está bajo una licencia internacional Creative Commons Atribución-NoComercial-CompartirIgual 4.0.
info:eu-repo/semantics/openAccess
http://purl.org/coar/access_right/c_abf2
references <p>Adam, S. (2008). Globalization and income inequality: Implications for intellectual property rights. Journal of Policy Modeling, 30(5), 725-735.<br>Aitken, B., Harrison, A. y Lipsey, R. E. (1996). Wages and foreign ownership: A comparative study of Mexico, Venezuela, and the United States. Journal of International Economics, 40(3-4), 345-371.<br>Arellano, M. y Bond, S. (1991). Some tests of specification for panel data: Monte Carlo evidence and an application to employment equations. Review of Economic Studies, 58(2), 277-297.<br>Arellano, M., Bond, S. y Bover, O. (1995). Another look at the instrumental variables estimation of error component models. Journal of Econometrics, 68, 29-51.<br>Azariadis, C. y Drazen, A. (1990). Threshold externalities in economic development. The Quarterly Journal of Economics, 105(2), 501-526.<br>Barro, R. J. (1991). Economic growth in a cross section of countries. Quarterly Journal of Economics, 106(2), 407-444.<br>Barro, R. y Lee, J. (2001). Schooling quality in a cross-section of countries. Economica, 68(271), 465-488.<br>Basu, P. y Guariglia, A. (2007). Foreign direct investment, inequality, and growth. Journal of Macroeconomics, 29(4), 824-839.<br>Becker, G. (1964). Human Capital: A Theoretical Empirical Analysis with Special Reference to Education. Nueva York: Columbia University Press.<br>Becker, G. (1974). A theory of social interactions. Journal of Political Economy, 82(6), 1063-1093.<br>Bénabou, R. (1996). Equity and efficiency in human capital investment. Review of Economics Studies, 63(2), 237-264.<br>Benhabib, J. y Spiegel, M. (1994). The role of human capital in economic development: evidence from aggregate cross-country data. Journal of Monetary Economics, 34, 143-173.<br>Berman, E., Bound, J. y Machin, S. (1998). Implications of skill-biased technological change: International evidence. Quarterly Journal of Economics, 113(4), 1245-1279.<br>Blundell, R. y Bond, S. (1998). Initial conditions and moment restrictions in dynamic panel data models. Journal of Econometrics, 87(1), 115-143.<br>Borensztein, E., de Gregorio, J. y Lee, J. W. (1998). How does foreign investment affect economic growth? Journal of International Economics, 45(1) 115-135.<br>Caselli, F., Esquivel, G. y Fernando, L. (1996). Reopening the convergence debate: A new look at cross-country growth empirics. Journal of Economic Growth, 1(3), 363-389.<br>Castelló, A. y Doménech, R. (2002). Human capital inequality and economic growth: Some new evidence. Economic Journal, 478(112), 187-200.<br>Cepal. (2008). Transformación productiva con equidad: 20 años después. Viejos problemas, nuevas oportunidades. Santiago de Chile: Cepal.<br>Cepal. (2012). Panorama social de América Latina 2010 (LC/G.2514-P). Santiago de Chile: Cepal.<br>Clark, D. P., Highfill, J. et al. (2011). FDI, technology spillovers, growth and income inequality: A selective survey. Global Economy Journal, 11(2), 1-42.<br>Cornia, G. A. (2010). Income distribution under Latin America’s new left regimes. Journal of Human Development and Capabilities, 11(1), 85-114.<br>Créel, J. y Poilon, G. (2006). Is public capital productive in Europe? Économie publique, 2(6), 95-115.<br>Choi, C. (2006). Does foreign direct investment affect domestic income inequality? Applied Economics Letters, 13(12), 811-814.<br>Dessus, S. (2001). Human capital and growth: The recovered role of education systems. World Bank Policy Research working paper 2632. Washington.<br>De Mello, L. (1997). Foreign direct investment in developing countries and growth: A selective survey. Journal of Development Studies, 348(1), 1-34.<br>De Mello, L. (1999). Foreign direct investment-led growth: Evidence from time series and panel data. Oxford Economic Papers, 51(1), 133-151.<br>De Vita, G. y Kyaw, K. S. (2009). Growth effects of FDI and portfolio investment flows to developing countries: A disaggregated analysis by income levels. Applied Economics Letters, 16(1-3), 277-283.<br>Feeny, S., Iamsiraroj, S. y McGillivray, M. (2014). Growth and foreign direct investment in the Pacific Island Countries. Economic Modelling, 37, 332-339.<br>Feenstra, R. y Hanson, G. H. (1997). Foreign direct investment and relative wages: Evidence from Mexico’s maquiladoras. Journal of International Economics, 42(3), 371-393.<br>Fernández, R. y Rogerson, R. (1995). On the political economy of education subsidies. Review of Economic Studies, 62(2), 249-262.<br>Figini. P y Görg, H. (2011). Does foreign direct investment affect wage inequality? An empirical investigation. The World Economy, 34(9), 1455-1475.<br>Gunther, R. (2007). Education, economic growth and measured income inequality. Economica, 74(295), 493-514.<br>Herzer, D., Hühne, P. y Nunnenkamp, P. (2012). FDI and income inequality: Evidence from Latin American, documento de trabajo 1791. Kiel Institute for the World Economy.<br>Islam, N. (1995). Growth empirics: a panel data approach. Quarterly Journal of Economics, 110(4), 1127-1170.<br>Jensen, N. M. y Rosas, G. (2007). Foreign direct investment and income inequality in Mexico, 1990-2000. International Organization, 61(3) 467-487.<br>Krueger, A. y Lindahl, M. (2001). Education and growth: Why and for whom? Princeton working paper No. 429, Princeton University.<br>Li, X. y X. Liu. (2005). Foreign direct investment and economic growth: An increasingly endogenous relationship. World Development, 33(3), 393-407.<br>Lin, S.-C., Kim, D.-H. y Wu, Y.-C. (2013). Foreign direct investment and income inequality: Human capital matters. Journal of Regional Science, 53(5), 874-896.<br>Lipsey, R. E. y Sjöholm, F. (2004). Foreign direct investment, education and wages in Indonesian manufacturing. Journal of Development Economics, 73(1), 415-422.<br>Lucas, R. E. (1988). On the mechanics of economic development. Journal of Monetary Economics, 22(1), 3-42.<br>Mah, J. S. (2002). The impact of globalization on income distribution: The Korean experience, Applied Economics Letters, 9(15), 1007-1009.<br>Mankiw, N. G., Romer, D. y Weil, D. N. (1992). A contribution to the empirics of economic growth. Quarterly Journal of Economics, 152, 407-437.<br>Milanovic, B. (2003). Can we discern the effect of globalization on income distribution? Evidence for household surveys. Working paper research 2876. World Bank.<br>Mincer, J. (1958). Investment in human capital and personal income distribution. Journal of Political Economy, 66(4), 281-302.<br>Nelson, R. y Phelps, E. (1966). Investment in humans, technological diffusion and economic growth. American Economic Review, 56(1-2), 69-75.<br>Ortiz, C., Uribe, J. y Vivas, H. (2013). Productividad, acumulación y deseconomías públicas en el crecimiento económico colombiano. Cuadernos de Economía, 32(59), 233-263.<br>Pritchett, L. (2001). Where has all the education gone? World Bank Economic Review, 15(3), 367-391.<br>WEF. (2015). The human capital report 2015. Ginebra: World Economic orum.<br>Romer, P. (1990). Endogeneous technical change. Journal of Political Economy, 98(S5), 71-102.<br>Roberts, K. (2014). The politics of inequality and redistribution in Latin America’s post-adjustment era. En G.A. Cornia (ed.), Falling inequality in Latin America. Policy changes and lessons Falling inequality in Latin America. Policy changes and lessons (pp. 49-72). Corydon: Oxford University Press.<br>Robertson, R. (2000). Trade liberalization and wage inequality: Lessons from the Mexican experience. The World Economy, 23(6), 827-849.<br>Schultz, T. (1961). Investment in human capital. American Economic Review, 51(1), 1-17.<br>Smith, A. (1958). Investigación sobre la naturaleza y causas de la riqueza de las naciones [1776]. México DF: Fondo de Cultura Económica.<br>Suanes, M. y Roca S., O. (2015). Inversión extranjera directa, crecimiento económico y desigualdad en América Latina. El Trimestre Económico, 83(3), 675-706.<br>Sylwester, K. (2005). Foreign direct investment, growth and income inequality in less developed countries. International Review of Applied Economics, 19(3), 289-300.<br>Te Velde, W. D. (2003). Foreign direct investment and income inequality in Latin America: Experiences and policy implications. Londres: Overseas Development Institute.<br>Tsai, P. L. (1995). Foreign direct investment and income inequality: Further evidence, World Development, 23(3), 469-483.<br>Unctad. (2011). World investment report 2009. Nueva York: ONU.<br>World Bank. (2006). Reducción de la pobreza y crecimiento: círculos virtuosos y círculos viciosos, Estudios del Banco Mundial sobre América Latina y el Caribe. Washington: Banco Mundial.<br>Zhang, X. y Zhang, K. H. (2003). How does globalization affect regional inequality within a developing country? Evidence from China. Journal of Development Studies, 39(4), 47-67.</p>
type_driver info:eu-repo/semantics/article
type_coar http://purl.org/coar/resource_type/c_6501
type_version info:eu-repo/semantics/publishedVersion
type_coarversion http://purl.org/coar/version/c_970fb48d4fbd8a85
type_content Text
publishDate 2021-07-01
date_accessioned 2021-07-01T07:01:15Z
date_available 2021-07-01T07:01:15Z
url https://revistas.uexternado.edu.co/index.php/ecoins/article/view/7351
url_doi https://doi.org/10.18601/01245996.v23n45.13
issn 0124-5996
eissn 2346-2450
doi 10.18601/01245996.v23n45.13
citationstartpage 265
citationendpage 283
url4_str_mv https://revistas.uexternado.edu.co/index.php/ecoins/article/download/7351/13273
url3_str_mv https://revistas.uexternado.edu.co/index.php/ecoins/article/download/7351/13173
url2_str_mv https://revistas.uexternado.edu.co/index.php/ecoins/article/download/7351/10073
_version_ 1797158430744510464
spelling Capital humano, desigualdad y crecimiento económico en América Latina
<p>Adam, S. (2008). Globalization and income inequality: Implications for intellectual property rights. Journal of Policy Modeling, 30(5), 725-735.<br>Aitken, B., Harrison, A. y Lipsey, R. E. (1996). Wages and foreign ownership: A comparative study of Mexico, Venezuela, and the United States. Journal of International Economics, 40(3-4), 345-371.<br>Arellano, M. y Bond, S. (1991). Some tests of specification for panel data: Monte Carlo evidence and an application to employment equations. Review of Economic Studies, 58(2), 277-297.<br>Arellano, M., Bond, S. y Bover, O. (1995). Another look at the instrumental variables estimation of error component models. Journal of Econometrics, 68, 29-51.<br>Azariadis, C. y Drazen, A. (1990). Threshold externalities in economic development. The Quarterly Journal of Economics, 105(2), 501-526.<br>Barro, R. J. (1991). Economic growth in a cross section of countries. Quarterly Journal of Economics, 106(2), 407-444.<br>Barro, R. y Lee, J. (2001). Schooling quality in a cross-section of countries. Economica, 68(271), 465-488.<br>Basu, P. y Guariglia, A. (2007). Foreign direct investment, inequality, and growth. Journal of Macroeconomics, 29(4), 824-839.<br>Becker, G. (1964). Human Capital: A Theoretical Empirical Analysis with Special Reference to Education. Nueva York: Columbia University Press.<br>Becker, G. (1974). A theory of social interactions. Journal of Political Economy, 82(6), 1063-1093.<br>Bénabou, R. (1996). Equity and efficiency in human capital investment. Review of Economics Studies, 63(2), 237-264.<br>Benhabib, J. y Spiegel, M. (1994). The role of human capital in economic development: evidence from aggregate cross-country data. Journal of Monetary Economics, 34, 143-173.<br>Berman, E., Bound, J. y Machin, S. (1998). Implications of skill-biased technological change: International evidence. Quarterly Journal of Economics, 113(4), 1245-1279.<br>Blundell, R. y Bond, S. (1998). Initial conditions and moment restrictions in dynamic panel data models. Journal of Econometrics, 87(1), 115-143.<br>Borensztein, E., de Gregorio, J. y Lee, J. W. (1998). How does foreign investment affect economic growth? Journal of International Economics, 45(1) 115-135.<br>Caselli, F., Esquivel, G. y Fernando, L. (1996). Reopening the convergence debate: A new look at cross-country growth empirics. Journal of Economic Growth, 1(3), 363-389.<br>Castelló, A. y Doménech, R. (2002). Human capital inequality and economic growth: Some new evidence. Economic Journal, 478(112), 187-200.<br>Cepal. (2008). Transformación productiva con equidad: 20 años después. Viejos problemas, nuevas oportunidades. Santiago de Chile: Cepal.<br>Cepal. (2012). Panorama social de América Latina 2010 (LC/G.2514-P). Santiago de Chile: Cepal.<br>Clark, D. P., Highfill, J. et al. (2011). FDI, technology spillovers, growth and income inequality: A selective survey. Global Economy Journal, 11(2), 1-42.<br>Cornia, G. A. (2010). Income distribution under Latin America’s new left regimes. Journal of Human Development and Capabilities, 11(1), 85-114.<br>Créel, J. y Poilon, G. (2006). Is public capital productive in Europe? Économie publique, 2(6), 95-115.<br>Choi, C. (2006). Does foreign direct investment affect domestic income inequality? Applied Economics Letters, 13(12), 811-814.<br>Dessus, S. (2001). Human capital and growth: The recovered role of education systems. World Bank Policy Research working paper 2632. Washington.<br>De Mello, L. (1997). Foreign direct investment in developing countries and growth: A selective survey. Journal of Development Studies, 348(1), 1-34.<br>De Mello, L. (1999). Foreign direct investment-led growth: Evidence from time series and panel data. Oxford Economic Papers, 51(1), 133-151.<br>De Vita, G. y Kyaw, K. S. (2009). Growth effects of FDI and portfolio investment flows to developing countries: A disaggregated analysis by income levels. Applied Economics Letters, 16(1-3), 277-283.<br>Feeny, S., Iamsiraroj, S. y McGillivray, M. (2014). Growth and foreign direct investment in the Pacific Island Countries. Economic Modelling, 37, 332-339.<br>Feenstra, R. y Hanson, G. H. (1997). Foreign direct investment and relative wages: Evidence from Mexico’s maquiladoras. Journal of International Economics, 42(3), 371-393.<br>Fernández, R. y Rogerson, R. (1995). On the political economy of education subsidies. Review of Economic Studies, 62(2), 249-262.<br>Figini. P y Görg, H. (2011). Does foreign direct investment affect wage inequality? An empirical investigation. The World Economy, 34(9), 1455-1475.<br>Gunther, R. (2007). Education, economic growth and measured income inequality. Economica, 74(295), 493-514.<br>Herzer, D., Hühne, P. y Nunnenkamp, P. (2012). FDI and income inequality: Evidence from Latin American, documento de trabajo 1791. Kiel Institute for the World Economy.<br>Islam, N. (1995). Growth empirics: a panel data approach. Quarterly Journal of Economics, 110(4), 1127-1170.<br>Jensen, N. M. y Rosas, G. (2007). Foreign direct investment and income inequality in Mexico, 1990-2000. International Organization, 61(3) 467-487.<br>Krueger, A. y Lindahl, M. (2001). Education and growth: Why and for whom? Princeton working paper No. 429, Princeton University.<br>Li, X. y X. Liu. (2005). Foreign direct investment and economic growth: An increasingly endogenous relationship. World Development, 33(3), 393-407.<br>Lin, S.-C., Kim, D.-H. y Wu, Y.-C. (2013). Foreign direct investment and income inequality: Human capital matters. Journal of Regional Science, 53(5), 874-896.<br>Lipsey, R. E. y Sjöholm, F. (2004). Foreign direct investment, education and wages in Indonesian manufacturing. Journal of Development Economics, 73(1), 415-422.<br>Lucas, R. E. (1988). On the mechanics of economic development. Journal of Monetary Economics, 22(1), 3-42.<br>Mah, J. S. (2002). The impact of globalization on income distribution: The Korean experience, Applied Economics Letters, 9(15), 1007-1009.<br>Mankiw, N. G., Romer, D. y Weil, D. N. (1992). A contribution to the empirics of economic growth. Quarterly Journal of Economics, 152, 407-437.<br>Milanovic, B. (2003). Can we discern the effect of globalization on income distribution? Evidence for household surveys. Working paper research 2876. World Bank.<br>Mincer, J. (1958). Investment in human capital and personal income distribution. Journal of Political Economy, 66(4), 281-302.<br>Nelson, R. y Phelps, E. (1966). Investment in humans, technological diffusion and economic growth. American Economic Review, 56(1-2), 69-75.<br>Ortiz, C., Uribe, J. y Vivas, H. (2013). Productividad, acumulación y deseconomías públicas en el crecimiento económico colombiano. Cuadernos de Economía, 32(59), 233-263.<br>Pritchett, L. (2001). Where has all the education gone? World Bank Economic Review, 15(3), 367-391.<br>WEF. (2015). The human capital report 2015. Ginebra: World Economic orum.<br>Romer, P. (1990). Endogeneous technical change. Journal of Political Economy, 98(S5), 71-102.<br>Roberts, K. (2014). The politics of inequality and redistribution in Latin America’s post-adjustment era. En G.A. Cornia (ed.), Falling inequality in Latin America. Policy changes and lessons Falling inequality in Latin America. Policy changes and lessons (pp. 49-72). Corydon: Oxford University Press.<br>Robertson, R. (2000). Trade liberalization and wage inequality: Lessons from the Mexican experience. The World Economy, 23(6), 827-849.<br>Schultz, T. (1961). Investment in human capital. American Economic Review, 51(1), 1-17.<br>Smith, A. (1958). Investigación sobre la naturaleza y causas de la riqueza de las naciones [1776]. México DF: Fondo de Cultura Económica.<br>Suanes, M. y Roca S., O. (2015). Inversión extranjera directa, crecimiento económico y desigualdad en América Latina. El Trimestre Económico, 83(3), 675-706.<br>Sylwester, K. (2005). Foreign direct investment, growth and income inequality in less developed countries. International Review of Applied Economics, 19(3), 289-300.<br>Te Velde, W. D. (2003). Foreign direct investment and income inequality in Latin America: Experiences and policy implications. Londres: Overseas Development Institute.<br>Tsai, P. L. (1995). Foreign direct investment and income inequality: Further evidence, World Development, 23(3), 469-483.<br>Unctad. (2011). World investment report 2009. Nueva York: ONU.<br>World Bank. (2006). Reducción de la pobreza y crecimiento: círculos virtuosos y círculos viciosos, Estudios del Banco Mundial sobre América Latina y el Caribe. Washington: Banco Mundial.<br>Zhang, X. y Zhang, K. H. (2003). How does globalization affect regional inequality within a developing country? Evidence from China. Journal of Development Studies, 39(4), 47-67.</p>
text/xml
Universidad Externado de Colombia
https://revistas.uexternado.edu.co/index.php/ecoins/article/view/7351
Español
http://creativecommons.org/licenses/by-nc-sa/4.0
Luis Brito Gaona, Emma Iglesias Vásquez - 2021
Esta obra está bajo una licencia internacional Creative Commons Atribución-NoComercial-CompartirIgual 4.0.
info:eu-repo/semantics/article
application/pdf
http://purl.org/coar/resource_type/c_6501
http://purl.org/redcol/resource_type/ARTREF
info:eu-repo/semantics/publishedVersion
http://purl.org/coar/version/c_970fb48d4fbd8a85
info:eu-repo/semantics/openAccess
http://purl.org/coar/access_right/c_abf2
Text
text/html
Revista de Economía Institucional
Publication
Núm. 45 , Año 2021 : Julio-diciembre
crescimento econômico, capital humano, desigualdade, América Latina
crecimiento económico, capital humano, desigualdad, América Latina
I24, I25, I28
23
45
I24, I25, I28
Iglesias Vásquez, Emma
Artículo de revista
Brito Gaona, Luis
Macarena Suanes y Oriol Roca estudiaron los principales determinantes de la desigualdad y el crecimiento economico en America-Latina entre 1980 y 2009, y encontraron que uno de los principales fue la inversion extranjera directa. Este articulo extiende ese estudio hasta 2015, y muestra que dicha inversion ya no es significativa. En cambio, el aumento del capital humano reduce en forma significativa la desigualdad y mejora el crecimiento economico. Se recomienda, entonces, que las politicas economicas se orienten a elevar el nivel educativo.
Macarena Suanes and Oriol Roca studied the main determinants of inequality and economic growth in Latin America between 1980 and 2009 and found that one of the main determinants was foreign direct investment. This paper extends that study to 2015 and shows that such investment is no longer significant. In contrast, increasing human capital significantly reduces inequality and improves economic growth. It is recommended, then, that economic policies are oriented towards raising educational attainment.
Human capital, inequality and economic growth in Latin-America
I24, I25, I28
Journal article
Economic growth, human capital, inequality, Latin-America
https://revistas.uexternado.edu.co/index.php/ecoins/article/download/7351/13273
2021-07-01
https://revistas.uexternado.edu.co/index.php/ecoins/article/download/7351/13173
https://revistas.uexternado.edu.co/index.php/ecoins/article/download/7351/10073
283
2021-07-01T07:01:15Z
https://doi.org/10.18601/01245996.v23n45.13
10.18601/01245996.v23n45.13
2346-2450
0124-5996
2021-07-01T07:01:15Z
265