000			00712nam a2200133Ia 4500
080			_a03.02.03 R436
100			_aRestuccia, Diego
245			_aThe Latin American development problem
260			_bUN ECLAC _aCL _c2009
300			_a37 p.
520			_aDocuments the basic facts about the development problem in Latin America. Decomposes GDP per capita to show that low labour productivity (and in particular low TFP (Total Factor Productivity)) is at the core of the problem. Describes a model of TFP and calibrates it to data for the US. Performs a quantitative analysis of institutions and policy distortions in LA with a discussion of policy implications.
583			_c6/27/11 _kEVELYND
942			_cM _mR436
999			_c34864 _d34864