Peripherality, income inequality, and economic development in Latin American countries

References

• Alencar, D., Strachman, E., Barbosa, L. O. S., & Puty, C. A. C. B. (2019). On foreign direct investments and the balance of payments constrained growth model in Latin America, 1990-2014. PSL Quarterly Review, 72(290), 207–221.
   Web of Science ®Google Scholar
• Alesina, A., & Rodrik, D. (1994). Distributive politics and economic growth. Quarterly Journal of Economics, 109(2), 465–490.
   Web of Science ®Google Scholar
• Al-Marhubi, F. A. (2000). Income inequality and inflation: The cross-country evidence. Contemporary Economic Policy, 18(4), 428–439.
   Web of Science ®Google Scholar
• Bengoa, M., & Sanchez-Robles, B. (2003). Foreign direct investment, economic freedom and growth: New evidence from Latin America. European Journal of Political Economy, 19(3), 529–545.
   Google Scholar
• Bengoa, M., & Sanchez-Robles, B. (2005). Does equality reduce growth? Some empirical evidence. Applied Economics Letters, 12(8), 479–483.
   Web of Science ®Google Scholar
• Berman, E., & Machin, S. (2000). Skill-biased technology transfer: Evidence of factor biased technological change in developing countries ( Unpublished manuscript). Boston University. https://www.researchgate.net/publication/252103176_Skill-Biased_Technology_Transfer
   Google Scholar
• Bértola, L., & Ocampo, J. A. (2012). The economic development of Latin America since independence. Oxford: Oxford University Press.
   Google Scholar
• Bielschowsky, R. (2009). Sixty years of ECLAC: Structuralism and neo-structuralism. CEPAL Review, 97, 171–192.
   Web of Science ®Google Scholar
• Blanco, L. R., Ruiz, I., & Wooster, R. B. (2019). The effect of violent crime on sector- specific FDI in Latin America. Oxford Development Studies, 47(4), 420–434.
   Web of Science ®Google Scholar
• Blattman, C., Hwang, J., & Williamson, J. G. (2007). Winners and losers in the commodity lottery: The impact of terms of trade growth and volatility in the Periphery 1870–1939. Journal of Development Economics, 82(1), 156–179.
   Web of Science ®Google Scholar
• Borensztein, E., De Gregorio, J., & Lee, J.-W. (1998). How does foreign direct investment affect economic growth? Journal of International Economics, 45(1), 115–135.
   Web of Science ®Google Scholar
• Bornschier, V., & Chase-Dunn, C. (1985). Transnational corporations and underdevelopment. New York: Praeger.
   Google Scholar
• Cavalcanti, T. V. De V., Mohaddes, K., & Raissi, M. (2015). Commodity price volatility and the sources of growth. Journal of Applied Econometrics, 30(6), 857–873.
   Web of Science ®Google Scholar
• Checchi, D., & García-Peñalosa, C. (2004). Risk and the distribution of human capital. Economics Letters, 82(1), 53–61.
   Web of Science ®Google Scholar
• Churchill, S. A., Ugur, M., & Yew, S. L. (2017). Does government size affect per-capita income growth? A hierarchical meta-regression analysis. Economic Record, 93(300), 142–171.
   Web of Science ®Google Scholar
• Cimoli, M., Porcile, G., & Rovira, S. (2010). Structural change and the BOP-constraint: why did Latin America fail to converge? Cambridge Journal of Economics, 34(2), 389–411.
   Web of Science ®Google Scholar
• Cimoli, M., & Rovira, S. (2008). Elites and structural inertia in Latin America: An introductory note on the political economy of development. Journal of Economic Issues, 42(2), 327–347.
   Web of Science ®Google Scholar
• Cornia, G. A. (2010). Income distribution under Latin America’s new left regimes. Journal of Human Development and Capabilities, 11(1), 85–114.
   Web of Science ®Google Scholar
• Deaton, A., & Miller, R. (1996). International commodity prices, macroeconomic performance and politics in Sub-Saharan Africa. Journal of African Economies, 5(3), AERC Supplement, 99–191.
   Google Scholar
• Di Filippo, A. (1998). La visión centro-periferia hoy [the center-periphery vision today]. CEPAL Review, extraordinary issue, 175–185.
   Google Scholar
• Economic Commission for Latin America and the Caribbean [ECLAC] (1990). Changing production patterns with social equity: The prime task of Latin American and Caribbean development in the 1990s (LC/G. 1601-P).
   Google Scholar
• Economic Commission for Latin America and the Caribbean [ECLAC] (2012). Preliminary overview of the economies of Latin America and the Caribbean 2011 (LC/G. 2512-P).
   Google Scholar
• Economic Commission for Latin America and the Caribbean [ECLAC] (2014). Regional integration: Towards an inclusive value chain strategy (LC/G. 2594 (SES. 35/11)).
   Google Scholar
• Fajnzylber, F. (1990). Industrialization in Latin America: From the ‘Black Box’ to the ‘Empty Box’: A comparison of contemporary industrialization patterns. Santiago, Chile: Economic Commission for Latin America and the Caribbean.
   Google Scholar
• Feenstra, R. C., & Hanson, G. H. (1997). Foreign direct investment and relative wages: Evidence from Mexico’s maquiladoras. Journal of International Economics, 42(3–4), 371–393.
   Web of Science ®Google Scholar
• Ffrench-Davis, R. (2016). Neostructuralism and macroeconomics for development. In A. Barcena & A. Prado (Eds.), Neostructuralism and heterodox thinking in Latin America and the Caribbean in the early twenty-first century (pp. 117–138). Santiago, Chile: Economic Commission for Latin America and the Caribbean.
   Google Scholar
• Galor, O., & Zeira, J. (1993). Income distribution and macroeconomics. Review of Economic Studies, 60(1), 35–52.
   Web of Science ®Google Scholar
• Gasparini, L., Galiani, S., Cruces, G., & Acosta, P. (2011). Educational upgrading and returns to skills in Latin America: Evidence from a supply demand framework, 1990–2010 (Policy Research Working Paper Series 5921). Washington, DC: The World Bank.
   Google Scholar
• Hausmann, R., & Gavin, M. (1996). Securing stability and growth in a shock-prone region: The policy challenge for Latin America. In R. Hausmann & R. Helmut (Eds.), Securing stability and growth in Latin America: Policy issues and prospects for shock-prone economies (pp. 23–78). Paris: Organisation for Economic Co-operation and Development.
   Google Scholar
• Herzer, D., Hühne, P., & Nunnenkamp, P. (2014). FDI and income inequality—Evidence from Latin American economies. Review of Development Economics, 18(4), 778–793.
   Web of Science ®Google Scholar
• Hounie, A., Pittaluga, L., Porcile, G., & Scatolin, F. (1999). ECLAC and the new growth theories. CEPAL Review, 68, 7–34.
   Google Scholar
• Makhlouf, Y., Kellard, N. M., & Vinogradov, D. (2017). Child mortality, commodity price volatility and the resource curse. Social Science & Medicine, 178, 144–156.
   PubMed Web of Science ®Google Scholar
• Mendoza, E. G. (1997). Terms-of-trade uncertainty and economic growth. Journal of Development Economics, 54(2), 323–356.
   Web of Science ®Google Scholar
• Morley, S. A. (2000). The effects of growth and economic reform on income distribution in Latin America. CEPAL Review, 71, 23–40.
   Google Scholar
• Ocampo, J. A. (1998). Beyond the Washington consensus: An ECLAC perspective. CEPAL Review, 66, 7–28.
   Google Scholar
• Ocampo, J. A. (2001). Raúl Prebisch and the development agenda at the dawn of the twenty-first century. CEPAL Review, 75, 23–37.
   Google Scholar
• Ocampo, J. A. (2011). Macroeconomy for development: Countercyclical policies and production sector transformation. CEPAL Review, 104, 7–35.
   Google Scholar
• Palma, J. G. (1987). Structuralism. In J. Eatwell, M. Milgate, & P. Newman (Eds.), The new Palgrave: A dictionary of economics (pp. 528–531). London: Macmillan.
   Google Scholar
• Pinto, A., & Kñakal, J. (1973). The center-periphery system twenty years later. Social and Economic Studies, 22(1), 34–89.
   Google Scholar
• Pratt, J. W. (1987). Dividing the indivisible: Using simple symmetry to partition variance explained. In T. Pukkila & S. Puntanen (Eds.), Proceedings of the second Tampere conference in statistics (pp. 245–260). Tampere, Finland: University of Tampere.
   Google Scholar
• Prebisch, R. (1950). The economic development of Latin America and its principal problems. New York: United Nations, Department of Economic Affairs.
   Google Scholar
• Prebisch, R. (1959). Commercial policy in the underdeveloped countries. American Economic Review, 49(2), 251–273.
   Web of Science ®Google Scholar
• Prebisch, R. (1969). La Inversión privada extranjera en el desarrollo latinoamericano [The role of foreign private investment in the development of Latin America]. Washington, DC: Organization of American States.
   Google Scholar
• Prüfer, P., & Tondl, G. (2008). The FDI-growth nexus in Latin America: The role of source countries and local conditions (Discussion Paper 2008-61). Tilburg, Netherlands: Center for Economic Research, Tilburg University.
   Google Scholar
• Sánchez-Ancochea, D. (2019). The surprising reduction of inequality during a commodity boom: What do we learn from Latin America? Journal of Economic Policy Reform, Advance online publication, doi:10.1080/17487870.2019.1628757
   Web of Science ®Google Scholar
• Schreiber, S. (2008). The Hausman test statistic can be negative even asymptotically. Journal of Economics and Statistics, 228(4), 394–405.
   Google Scholar
• Soares, F. V., Ribas, R. P., & Osório, R. G. (2010). Evaluating the impact of Brazil’s Bolsa Família: Cash transfer programs in comparative perspective. Latin American Research Review, 45(2), 173–190.
   Web of Science ®Google Scholar
• Spatafora, N., & Tytell, I. (2009). Commodity terms of trade: The history of booms and busts (IMF working paper 2009/205). Washington, DC: International Monetary Fund.
   Google Scholar
• Suanes, M. (2016). Foreign direct investment and income inequality in Latin America: A sectoral analysis. CEPAL Review, 118, 45–61.
   Google Scholar
• Székely, M., & Mendoza, P. (2017). Declining inequality in Latin America: Structural shift or temporary phenomenon? Oxford Development Studies, 45(2), 204–221.
   Web of Science ®Google Scholar
• Thirlwall, A. P. (1979). The balance-of-payments constraint as an explanation of international growth rates differences. BNL Quarterly Review, 32(128), 45–53.
   Google Scholar
• Titelman, D., & Pérez-Caldentey, E. P. (2016). Macroeconomics for development in Latin America and the Caribbean: New thoughts on countercyclicality. In A. Barcena & A. Prado (Eds.), Neostructuralism and heterodox thinking in Latin America and the Caribbean in the early twenty-first century (pp. 139–166). Santiago, Chile: Economic Commission for Latin America and the Caribbean.
   Google Scholar
• Woo, J. (2011). Growth, income distribution, and fiscal policy volatility. Journal of Development Economics, 96(2), 289–313.
   Web of Science ®Google Scholar
• Wooldridge, J. M. (2002). Econometric analysis of cross section and panel data. Cambridge, Massachusetts: MIT Press.
   Google Scholar
• Wu, J.-Y., & Hsu, C.-C. (2012). Foreign direct investment and income inequality: Does the relationship vary with absorptive capacity? Economic Modelling, 29(6), 2183–2189.
   Web of Science ®Google Scholar
• Zellner, A., & Theil, H. (1962). Three-stage least squares: Simultaneous estimation of simultaneous equations. Econometrica, 30(1), 54–78.
   Web of Science ®Google Scholar