Premature deindustrialization in Latin America

Defining deindustrialization as a situation of falling share of manufacturing employment and value added in total employment and GDP, respectively, and a rising specialization in primary goods, this paper provides an empirical analysis of the recent (and in some cases historical) path of four Latin American countries (Argentina, Brazil, Chile and Mexico), contributing to the debate on the matter of premature deindustrialization. We argue that Argentina, Brazil and Chile face premature deindustrialization, increasing their specialization in commodities, resource-based manufactures and low productivity services, while Mexico urges a deeper analyze of its structure.

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Bibliographic Details
Main Authors: Castillo, Mario, Martins, Antonio
Other Authors: German Agency for Technical Cooperation
Format: Texto biblioteca
Language:English
Published: ECLAC 2016-06
Subjects:INDUSTRIALIZACION, REESTRUCTURAMIENTO INDUSTRIAL, PRODUCTIVIDAD DEL TRABAJO, EMPRESAS INDUSTRIALES, ESPECIALIZACION DE LA PRODUCCION, DESINDUSTRIALIZACION, INDUSTRIALIZATION, INDUSTRIAL RESTRUCTURING, LABOUR PRODUCTIVITY, INDUSTRIAL ENTERPRISES, PRODUCTION SPECIALIZATION, DEINDUSTRIALIZATION,
Online Access:https://hdl.handle.net/11362/40241
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Summary:Defining deindustrialization as a situation of falling share of manufacturing employment and value added in total employment and GDP, respectively, and a rising specialization in primary goods, this paper provides an empirical analysis of the recent (and in some cases historical) path of four Latin American countries (Argentina, Brazil, Chile and Mexico), contributing to the debate on the matter of premature deindustrialization. We argue that Argentina, Brazil and Chile face premature deindustrialization, increasing their specialization in commodities, resource-based manufactures and low productivity services, while Mexico urges a deeper analyze of its structure.