Incidencia de la complejidad económica en el crecimiento de las economías latinoamericanas durante el periodo 2000-2018

Abstract

Abstract: This research addresses the issue of productive specialization in Latin America from the point of view of economic complexity. Latin America has been shaping up as a region that exports commodities, which has pigeonholed its production, preventing the development of new economic activities that produce value-added goods. The Economic Complexity responds to skills, knowledge, technology and innovation that a country possesses for the development of its industries. The objective of this research is analyze the impact of Economic Complexity on Economic Growth Latin American. To achieve this objective, an econometric model is developed that applies a Log-Lin regression, while using a balanced panel data series. sayings Data are arranged in a temporal section that covers from the year 2000 to 2018, and a transversal dimension of 16 countries. The results obtained indicate that the Economic Complexity generates a positive impact on economic growth, since it when there is a one-unit increase in the economic complexity index, GDP will suffer a positive variation of 8%.