Executive summary -- sources of growth : a study of seven Latin American economies

The study examines the sources of growth in seven Latin American countries -- Argentina, Brazil, Chile, Colombia, Mexico, Peru, and Venezuela - - from 1940 to 1985, comparing these countries both with each other and with the industrial countries. The book proposes a refinement in the sources-of-growth methodology by quantifying the data for traditional sources of growth and providing some new empirical tools for measuring the roles of other factors in contributing to growth. Conclusions are presented concerning the roles of various factor inputs, such as capital, labor, and technology, and economic sectors, in creating growth. (Author abstract, modified)