Abstract:The 2003-2014 period for Latin America refers to the recent boom period within the growth cycles of the region and is called as “Latin American decade”. Given that, the purpose of the paper is to analyze this specific period based on structural transformation dynamics. In this context, structural decomposition methods are evaluated to outline structural transformation patterns. For this analysis, the Groningen Growth and Development Centre (GGDC) Economic Transformation Database (ETD), which provides annual da… Show more
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