Non-Residential Capital Stock in Latin America, 1875-2008: New Estimates and International Comparisons

Xavier Tafunell, Cristián Ducoing

Research output: Contribution to journalArticlepeer-review

4 Citations (SciVal)

Abstract

We use a homogeneous method to estimate non-residential capital stock for Argentina, Brazil, Chile, and Mexico. Our estimates extend back to the late-nineteenth century, 50 years earlier than the present available estimates. Our estimates use the gross fixed capital formation data base (1850-1950). These data are linked with existing standardised national accounts for the region, such as those of Economic Commission for Latin America and the Caribbean. Finally, we compare investment in Latin American countries to that of advanced economies, particularly focussing on the performance of two settler countries, Argentina and Australia. Australian Economic History Review

Original languageEnglish
Pages (from-to)46-69
Number of pages24
JournalAustralian Economic History Review
Volume56
Issue number1
DOIs
Publication statusPublished - 2016 Mar 1
Externally publishedYes

Subject classification (UKÄ)

  • Economic History

Keywords

  • Capital stock
  • Gross fixed capital formation
  • Latin America
  • National account

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