Comparisons of Prices and Real Products in Latin America

Comparisons of Prices and Real Products in Latin America
Author: J. Salazar-Carrillo
Publisher: Elsevier
Total Pages: 383
Release: 2014-06-28
Genre: Business & Economics
ISBN: 1483294587

Contained in this book are studies related to the computation of purchasing power parities for comparing real income and product among Latin American countries. The principal components of income and product comparisons are discussed: from designing and executing benchmark studies, to extrapolating results for non-benchmark years. Different comparative methods and measurement techniques, including index number formulations, are considered. Comparisons of Latin countries with other countries are also undertaken.This volume aims to illuminate the thorny theoretical and methodological issues involved in regional comparisons, and to facilitate the practical application of the comparative approach to the many sided policy problems generated by a rapidly integrating international economy.

International Comparisons of Prices, Output and Productivity

International Comparisons of Prices, Output and Productivity
Author: J. Salazar-Carrillo
Publisher: Elsevier
Total Pages: 344
Release: 2012-12-02
Genre: Business & Economics
ISBN: 0444597719

The present volume provides a timely collection of material on the subject of international comparisons, contributed by leading scholars from an extensive range of relevant disciplines and geographical backgrounds. The papers in this volume have been classified into two broad groups united by overlapping themes. Part I includes essentially empirical papers intended to provide a clear picture of the different types of international comparisons that have been undertaken by various organizations and individuals. The papers relate to empirical studies of different sectoral and national income aggregates at both regional and global levels. The papers in Part II deal with methodological and analytical issues. Discussion of the appropriateness of various aggregation methods for international comparisons accounts for a major component of this section. The volume provides a set of stimulating studies on international comparisons of prices, output and productivity, and will provide a useful reference source for many interested readers around the world.

International and Interarea Comparisons of Income, Output, and Prices

International and Interarea Comparisons of Income, Output, and Prices
Author: Alan Heston
Publisher: University of Chicago Press
Total Pages: 546
Release: 2007-12-01
Genre: Business & Economics
ISBN: 0226331121

Economists wish to compare prices, real income, and output across countries and regions for many purposes. In the past, such comparisons were made in nominal terms, or by using exchange rates across countries, ignoring differences in price levels and thus distorting the results. Great progress has been made in interspatial comparisons in the past thirty years, but descriptions and discussions of the new measures have been scattered in unpublished or inaccessible papers. International and Interarea Comparisons of Income, Output, and Prices includes discussions of developments in the United Nations International Comparison Program, the largest effort in this field, and in the ICOP program on the production side, including efforts in both to extend the comparisons to the formerly planned economies. Other papers in this volume explore new programs on interspatial comparisons within the United States. There are also theoretical papers on how interspatial comparisons should be made and several examples of uses of such comparisons.

The Decline of Latin American Economies

The Decline of Latin American Economies
Author: Sebastian Edwards
Publisher: University of Chicago Press
Total Pages: 427
Release: 2009-02-15
Genre: Business & Economics
ISBN: 0226185036

Latin America’s economic performance is mediocre at best, despite abundant natural resources and flourishing neighbors to the north. The perplexing question of how some of the wealthiest nations in the world in the nineteenth century are now the most crisis-prone has long puzzled economists and historians. The Decline of Latin American Economies examines the reality behind the struggling economies of Argentina, Chile, and Mexico. A distinguished panel of experts argues here that slow growth, rampant protectionism, and rising inflation plagued Latin America for years, where corrupt institutions and political unrest undermined the financial outlook of already besieged economies. Tracing Latin America’s growth and decline through two centuries, this volume illustrates how a once-prosperous continent now lags behind. Of interest to scholars and policymakers alike, it offers new insight into the relationship between political systems and economic development.

Measuring the Real Size of the World's Economy

Measuring the Real Size of the World's Economy
Author: World Bank
Publisher: World Bank Publications
Total Pages: 697
Release: 2013
Genre: Business & Economics
ISBN: 0821397281

"This work is a product of the staff of The World Bank with external contributions"--T.p. verso.

Latin America’s Cold War

Latin America’s Cold War
Author: Hal Brands
Publisher: Harvard University Press
Total Pages: 408
Release: 2012-03-05
Genre: History
ISBN: 0674055284

For Latin America, the Cold War was anything but cold. Nor was it the so-called “long peace” afforded the world’s superpowers by their nuclear standoff. In this book, the first to take an international perspective on the postwar decades in the region, Hal Brands sets out to explain what exactly happened in Latin America during the Cold War, and why it was so traumatic. Tracing the tumultuous course of regional affairs from the late 1940s through the early 1990s, Latin America’s Cold War delves into the myriad crises and turning points of the period—the Cuban revolution and its aftermath; the recurring cycles of insurgency and counter-insurgency; the emergence of currents like the National Security Doctrine, liberation theology, and dependency theory; the rise and demise of a hemispheric diplomatic challenge to U.S. hegemony in the 1970s; the conflagration that engulfed Central America from the Nicaraguan revolution onward; and the democratic and economic reforms of the 1980s. Most important, the book chronicles these events in a way that is both multinational and multilayered, weaving the experiences of a diverse cast of characters into an understanding of how global, regional, and local influences interacted to shape Cold War crises in Latin America. Ultimately, Brands exposes Latin America’s Cold War as not a single conflict, but rather a series of overlapping political, social, geostrategic, and ideological struggles whose repercussions can be felt to this day.

Price and Quantity Index Numbers

Price and Quantity Index Numbers
Author: Bert M. Balk
Publisher: Cambridge University Press
Total Pages: 301
Release: 2012-07-19
Genre: Business & Economics
ISBN: 1107404967

This book is the first comprehensive text on index number theory since Irving Fisher's 1922 The Making of Index Numbers. The book covers intertemporal and interspatial comparisons; ratio- and difference-type measures; discrete and continuous time environments; and upper- and lower-level indices. Guided by economic insights, this book develops the instrumental or axiomatic approach.

The Economics of Rapid Growth

The Economics of Rapid Growth
Author: Dirk Pilat
Publisher: Edward Elgar Publishing
Total Pages: 352
Release: 1994-01-01
Genre: History
ISBN: 9781782542674

In The Economics of Rapid Growth, Dirk Pilat uses catch up theory to explain why countries with lower levels of income can use the technology of more advanced economies to foster growth and industralisation. His analysis emphasises the importance of pre-existing education levels, financial and commercial institutions and infrastructure to explain the rapid economic growth of Japan and Korea. A growth accounting framework is used to show the contribution of capital, labour and land to the rapid economic growth from the early 1950s. This growth is put in an international perspective by detailed sectoral productivity comparisons which include discussion of some of the measurement problems implicit in international comparisons. The final parts of the book look at the links between productivity and competitiveness, as well as the role of trade policy and exports in productivity growth. This acclaimed new book will be widely read by researchers, students and policy makers concerned with growth, development and the emergence of two of the most powerful economies in the modern world.

Government Expenditures on Agriculture in Latin America

Government Expenditures on Agriculture in Latin America
Author: Víctor Jorge Elías
Publisher: Intl Food Policy Res Inst
Total Pages: 72
Release: 1981
Genre: Social Science
ISBN: 9780896290242

Extract: The main effort of this research was directed toward assembling as long and as complete a set of data as possible for government expenditures on agriculture in nine Latin American countries: Argentina, Bolivia, Brazil, Chile, Costa Rica, Colombia, Mexico, Peru, and Venezuela. It covers the period 1950-78 on an annual basis. An effort was made to include estimates for many kinds of expenditures, such as research and extension, irrigation, marketing, transport, health, education, administration, agrarian reform, and so forth. The purpose is to identify government expenditure policies for the agricultural sector; to measure their importance in relation to the total government budget and agricultural output; to analyze their trend and variability throughout the time period and from country to country; and to begin to study their effects on agricultural production.

Measuring Cuban Economic Performance

Measuring Cuban Economic Performance
Author: Jorge F. Perez-Lopez
Publisher: University of Texas Press
Total Pages: 217
Release: 1987-08-01
Genre: Political Science
ISBN: 0292751095

Analysts attempting to assess economic growth in revolutionary Cuba are faced with two formidable obstacles: (1) official macroeconomic indicators published by the government are scarce and sometimes inconsistent because of frequent changes in the method of calculation; and (2) these indicators are not compatible with those produced by market economies because of differences in national income concepts. Because of these obstacles, it is difficult to analyze the performance of Cuba’s economy over time and to compare its economic performance directly with that of other nations. Using a variant of the method developed by Abram Bergson to estimate the growth rates of the Soviet Union and subsequently applied to centrally planned economies in Eastern Europe, Jorge Perez-López has estimated the growth rate of the Cuban economy in real terms for the 1965–1982 period. His estimated indexes suggest that the Cuban economy expanded at a considerably slower pace than would be implied by official data. By constructing yardsticks of economic performance for revolutionary Cuba that are compatible with those used by Western nations, Perez-López provides for the first time a basis for analyzing the real growth of the Cuban economy during the revolutionary period.