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001 EBC4733141
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008 240724s2016 xx o ||||0 eng d
020 _a9781464806599
_q(electronic bk.)
020 _z9781464806582
035 _a(MiAaPQ)EBC4733141
035 _a(Au-PeEL)EBL4733141
035 _a(CaPaEBR)ebr11299105
035 _a(CaONFJC)MIL970767
035 _a(OCoLC)957414522
040 _aMiAaPQ
_beng
_erda
_epn
_cMiAaPQ
_dMiAaPQ
050 4 _aHC125.B496 2016
082 0 _a338.98
100 1 _aAraujo, Jorge Thompson.
245 1 0 _aBeyond Commodities :
_bThe Growth Challenge of Latin America and the Caribbean.
250 _a1st ed.
264 1 _aWashington :
_bWorld Bank Publications,
_c2016.
264 4 _c©2016.
300 _a1 online resource (191 pages)
336 _atext
_btxt
_2rdacontent
337 _acomputer
_bc
_2rdamedia
338 _aonline resource
_bcr
_2rdacarrier
490 1 _aLatin American Development Forum
505 0 _aCover -- Half Title -- Title Page -- Copyright Page -- Contents -- Executive Summary -- Acknowledgments -- About the Authors -- Abbreviations -- Chapter 1: Introduction -- Why This Study? -- Key Results -- Outline of the Report -- Notes -- References -- Chapter 2: Stylized Facts -- Overview of Growth in the Region -- Patterns of Growth in LAC -- Notes -- References -- Chapter 3: Modeling Economic Growth and Baseline Results -- Drivers of Economic Growth -- Model of the Drivers of Economic Growth -- Baseline Model -- Diagnostic Checks -- Notes -- References -- Chapter 4: Role of External Factors -- How Did External Factors Affect Growth in LAC? -- Notes -- References -- Chapter 5: Role of Domestic Factors -- Inflation and Macroeconomic Volatility -- Impact of Stabilization Policies -- Impact of Structural Policies -- Need for Continued Reform -- Notes -- References -- Chapter 6: Extensions of the Model -- Potential Parameter Heterogeneity -- Potential Complementarities -- Beyond the Short-Run/Long-Run Dichotomy: Alternative Stabilization Measures -- Alternative Measures of Infrastructure -- Notes -- References -- Chapter 7: What Might the Future Hold for LAC? -- Trends from the Past Decade -- Commodity Prices -- Benchmarking Exercise on the Effects of Changes in Structural and Stabilization Features -- Stabilization Policy Benchmarking -- Structural Policy Benchmarking -- Notes -- References -- Chapter 8: What Do the Findings Mean for the Policy Debate? -- Drivers of Growth -- Benchmarking -- Sound Macro Policy -- Governments' Role -- Notes -- References -- Chapter 9: Conclusions -- Notes -- References -- Appendix A: Setup and Estimation Methodology -- Robustness Checks -- Benchmarking Methodology -- Notes -- References -- Appendix B: Tables and Figures -- References -- Boxes -- 3.1 Interpreting the Regression Parameters.
505 8 _a4.1 How Can a Commodity Boom Drive a Virtuous Cycle of Growth? -- Figures -- 1.1 Growth in LAC, 1985-2013 -- 1.2 Growth and Incomes of the Poor since 1981 -- 1.3 Growth and Incomes of the Poor since 2000 -- 2.1 Growth of Countries in LAC since 2000 Compared with the Previous Period -- 2.2 Regional Income Levels Relative to Income in the United States, 1980-2012 -- 2.3 Growth Rates, 2000-12 (Average Annual Per Capita Growth, Purchasing Power Parity) -- 2.4 Variation in Growth across LAC -- 2.5 Contribution of Expenditure Components to Real GDP Growth in LAC -- 2.6 Labor Force Participation Rates in LAC -- 2.7 Decomposition of the Income Gap -- 3.1 Effects of Policies on Economic Growth in LAC -- 3.2 Economic Growth Regressions -- 3.3 Actual and Predicted Change in log GDP per Capita, 2006-10 and 1996-2000 -- 4.1 LAC Growth and Selected External Conditions -- 4.2 Common Economic Growth Headwinds and Tailwinds -- B4.1.1 Schematic of the Effects of a Commodity Price Boom -- 4.3 Predicted Growth Effect from Persistence, Policies, and External Conditions -- 4.4 Net Commodity Exports in LAC -- 4.5 Terms of Trade and Governance -- 5.1 Inflation across Latin America and the Caribbean over the Decades -- 5.2 Growth Volatility across Latin America and the Caribbean over the Decades -- 5.3 Peaks and Troughs in the Region's GDP per Capita -- 5.4 Inflation and Growth in LAC over the Decades -- 7.1 Growth Predictions for South America under a Scenario of Continuous Trends -- 7.2 Growth Predictions for Central America and the Caribbean under a Scenario of Continuous Trends -- 7.3 Structural Policy and Stabilization Policy Indexes, 2005-10 -- 7.4 Counterfactual GDP per Capita of Better Performance in Inflation -- 7.5 Counterfactual GDP per Capita of Better Performance in Real Exchange Rate Management.
505 8 _a7.6 Counterfactual GDP per Capita of Better Performance in Education -- 7.7 Counterfactual GDP per Capita of Better Performance in Financial Development -- 7.8 Counterfactual GDP per Capita of Better Performance in Infrastructure -- 7.9 Counterfactual GDP per Capita of Better Performance in Trade Openness -- 7.10 Counterfactual GDP per Capita of Better Performance in Government Size -- B.1 Kernel Density Plot and Histogram of Country-Specific Coefficients for Policy Variables of Interest -- Tables -- 3.1 Univariate Descriptive Statistics, 1970-2010 -- 3.2 Bivariate Correlations, 1970-2010 -- 3.3 Baseline Regression Results -- 7.1 Summary of Model Predictions If Trends from the Past Decade Persisted into the Future -- B.1 Description of Variables -- B.2 List of Countries and Variable Frequencies -- B.3 Country-Specific Standard Deviations -- B.4 Economic Growth Regressions -- B.5 Economic Growth Regressions -- B.6 Economic Growth Regressions -- B.7 Economic Growth Regressions -- B.8 Economic Growth Regressions -- B.9 Economic Growth Regressions -- B.10 First-Stage Regressions for System-GMM -- B.11 Economic Growth Regressions -- B.12 Economic Growth Regressions -- B.13 Economic Growth Regressions (10-Year Panels) -- B.14 Growth Predictions for 2011-20 under a Scenario of Continuous Trends -- B.15 Growth Predictions with Roads as a Proxy for Infrastructure -- B.16 Growth Predictions with Composite Index as a Proxy for Infrastructure -- B.17 Economic Growth Regressions -- B.18 Growth Forecasts for 2011-20, Keeping the Commodity Price Index and Terms of Trade at Their 2010 Levels -- B.19 Growth Forecasts for 2011-20 with a Reversal in External Conditions -- B.20 Economic Growth Regressions -- B.21 Economic Growth Regressions.
588 _aDescription based on publisher supplied metadata and other sources.
590 _aElectronic reproduction. Ann Arbor, Michigan : ProQuest Ebook Central, 2024. Available via World Wide Web. Access may be limited to ProQuest Ebook Central affiliated libraries.
650 0 _aEconomic development--Latin America.
655 4 _aElectronic books.
700 1 _aVostroknutova, Ekaterina.
700 1 _aBrueckner, Markus.
700 1 _aClavijo, Mateo.
700 1 _aWacker, Konstantin M.
776 0 8 _iPrint version:
_aAraujo, Jorge Thompson
_tBeyond Commodities
_dWashington : World Bank Publications,c2016
_z9781464806582
797 2 _aProQuest (Firm)
830 0 _aLatin American Development Forum
856 4 0 _uhttps://ebookcentral.proquest.com/lib/orpp/detail.action?docID=4733141
_zClick to View
999 _c119639
_d119639