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Productivity in Latin America: The Challenge of the Service Sector

In: The Age of Productivity

Author

Listed:
  • Carmen Pagés

    (Inter-American Development Bank)

Abstract

Since at least the 1950s, scholars have viewed development as a process of progressive transformation: economies based predominantly on traditional sectors, with “tradition” equated with agriculture, evolve toward economies dominated by modern sectors, often associated with industry1 This process of transformation is prompted by gains in agricultural productivity, which in turn encourages increasing numbers of agricultural workers to migrate to industries with higher productivity. Understanding shifting patterns across sectors, as well as the evolution of productivity within sectors, can yield important clues about the determinants of aggregate productivity.

Suggested Citation

  • Carmen Pagés, 2010. "Productivity in Latin America: The Challenge of the Service Sector," Palgrave Macmillan Books, in: Carmen Pagés (ed.), The Age of Productivity, chapter 3, pages 45-67, Palgrave Macmillan.
    • Handle: RePEc:pal:palchp:978-0-230-10761-8_3
    DOI: 10.1057/9780230107618_3
    as

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