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Convergencia estocástica en el Índice de Complejidad Económica: el caso de América Latina y el Caribe, 1995-2019

Author

Listed:
  • Leobaldo Molero Oliva
  • Esmeralda Matilde Villegas Pocaterra
  • Emmanuel Victorio Borgucci García
  • Nelson José Labarca Ferrer

Abstract

Este artículo tiene como objetivo examinar la hipótesis de la convergencia en el Índice de Complejidad Económica durante el lapso 1995-2019, para una muestra representativa de países de América Latina y el Caribe con respecto a dos referentes: la complejidad económica de Estados Unidos y la complejidad promedio entre diez países líderes de la distribución mundial del 2019. Seutilizó la metodología de convergencia estocástica y se realizaron los contrastes de la hipótesis mediante pruebas de raíces unitarias estándar y con quiebre estructural. Los resultados muestran que la dispersión de la complejidad entre los países aumentó sostenidamente. Además, estos no revelan convergencia absoluta, excepto para Costa Rica y México, mientras que otros países comparten tendencias comunes o presentan divergencia frente a los países de referencia. Estos hallazgos implican que algunosproblemas económicos, como el lento crecimiento o los niveles de desarrollo económico, no podrían solventarse si no mejoran las interacciones sistémicas a nivel productivo, asumidas como complejidad económica. Una de las limitaciones del estudio es que no contempla explícitamente la relación con otras dimensiones del desarrollo sostenible.

Suggested Citation

  • Leobaldo Molero Oliva & Esmeralda Matilde Villegas Pocaterra & Emmanuel Victorio Borgucci García & Nelson José Labarca Ferrer, 2022. "Convergencia estocástica en el Índice de Complejidad Económica: el caso de América Latina y el Caribe, 1995-2019," Revista Finanzas y Politica Economica, Universidad Católica de Colombia, vol. 14(2), pages 313-350, June.
  • Handle: RePEc:col:000443:020561
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    References listed on IDEAS

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    1. Alicia Avilés & Consuelo Gámez & José L. Torres, 1997. "La convergencia real de Andalucía: Un análisis de cointegración del mercado de trabajo," Revista de Estudios Regionales, Universidades Públicas de Andalucía, vol. 1, pages 15-36.
    2. Sebastian Bustos & Muhammed A. Yildirim, 2019. "Production Ability and Economic Growth," CID Working Papers 110a, Center for International Development at Harvard University.
    3. Bernard, Andrew B. & Durlauf, Steven N., 1996. "Interpreting tests of the convergence hypothesis," Journal of Econometrics, Elsevier, vol. 71(1-2), pages 161-173.
    4. Bernard, Andrew B & Durlauf, Steven N, 1995. "Convergence in International Output," Journal of Applied Econometrics, John Wiley & Sons, Ltd., vol. 10(2), pages 97-108, April-Jun.
    5. Britto, Gustavo & Coelho, Clara & Freitas, Elton & Romero, João Prates, 2019. "La gran brecha: complejidad económica y trayectorias de desarrollo del Brasil y la República de Corea," Revista CEPAL, Naciones Unidas Comisión Económica para América Latina y el Caribe (CEPAL), April.
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    More about this item

    Keywords

    complejidad económica; crecimiento económico; convergencia estocástica; series detiempo; raíces unitarias.;
    All these keywords.

    JEL classification:

    • C02 - Mathematical and Quantitative Methods - - General - - - Mathematical Economics
    • F43 - International Economics - - Macroeconomic Aspects of International Trade and Finance - - - Economic Growth of Open Economies
    • F63 - International Economics - - Economic Impacts of Globalization - - - Economic Development
    • Q01 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - General - - - Sustainable Development
    • O47 - Economic Development, Innovation, Technological Change, and Growth - - Economic Growth and Aggregate Productivity - - - Empirical Studies of Economic Growth; Aggregate Productivity; Cross-Country Output Convergence
    • O54 - Economic Development, Innovation, Technological Change, and Growth - - Economywide Country Studies - - - Latin America; Caribbean

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