This is Greg Van Paassen's TypePad Profile.
Join TypePad and start following Greg Van Paassen's activity
Greg Van Paassen
Recent Activity
1. Different factor abundance: LA has more land, suggesting trade specialization in agriculture.
2. Anti-free-trade agricultural policies of developed countries constraining growth of agriculture, and food manufacturing, below the productivity growth rate.
Conditions mentioned by other commenters would also have an impact, in particular political instability, disastrous policies, and cultural biases to consumption.
Growth reducing structural change
I have been doing some work on the relationship between structural change and economic growth in different parts of the world, and some of the early results are too striking to wait for the paper to come out. Here is a chart that provides a key insight on why Latin America has done worse than As...
Greg Van Paassen is now following The Typepad Team
Sep 29, 2010
Subscribe to Greg Van Paassen’s Recent Activity
