Determinantes de crecimiento económico en los países fundadores de la Alianza del Pacífico y la Asociación de Países del Sudeste Asiático: aproximación desde una revisión sistemática de literatura

Abstract

<p>The objective of this article is to carry out an approach from a systematic review of the literature and about the determinants of economic growth from a Kaldorian virtuous cycle approach focused on the founder countries of the Pacific Alliance and the Association of Southeast Asia Nations through databases such as Web of Science and Scopus. Two knowledge gaps have been identified. The first corresponds to the lack of studies that comparatively analyze the Kaldorian determinants of virtuous economic growth; the second is the shortage of publications related to the identification of convergence/divergence between countries and trade blocs, which no other paper has yet studied. As a complementary section, the exploratory cluster analysis revealed that the clusters of countries formed from 1990 to 2018 had been maintained.</p>
PDF

References

Aria, M., & Cuccurullo, C. (2017). bibliometrix: An R-tool for comprehensive science mapping analysis. Journal of Informetrics, 11(4), 959-975. https://doi.org/10.1016/j.joi.2017.08.007

Aroche-Reyes, F. (2019). Productive structure and economic growth in Mexico: A multisectoral perspective. Investigacion Economica, 78(309), 3-26. https://doi.org/10.22201/fe.01851667p.2019.309.70117

Almosabbeth, I. A., & Almoree, M. A. (2018). The relationship between manufacturing production and economic growth in the Kingdom of Saudi Arabia. Journal of Economic Studies, 45(4), 674-690. https://doi.org/10.1108/JES-02-2017-0029

Atesoglu, H. S. (1993). Manufacturing and economic growth in the United States. Applied Economics, 25(1), 67-69. https://doi.org/10.1080/00036849300000114

Bernat Jr., G. A. (1996). Does manufacturing matter? A spatial econometric view of Kaldor’s laws. Journal of Regional Science, 36(3), 463-477. https://doi.org/10.1111/j.1467-9787.1996.tb01112.x

Bar-Ilan, J. (2008). Which h-index? – A comparison of WoS, Scopus, and Google Scholar. Scientometrics, 74(2), 257-271. https://doi.org/10.1007/s11192-008-0216-y

Boggio, L., & Barbieri, L. (2017). International competitiveness in post-Keynesian growth theory: Controversies and empirical evidence. Cambridge Journal of Economics, 41(1), 25-47. https://doi.org/10.1093/cje/bev067

Cabral de Lourenço, A. L., & Alves-Cardoso, F. (2018). Economic growth, patterns of specialization and industrialization: a comparative study of BRIC exports (1980-2013). Novos Cadernos Naea, 21(1), 9-33. http://dx.doi.org/10.5801/ncn.v21i1.5523

Cantore, N., Clara, M., Lavopa, A., & Soare, C. (2017). Manufacturing as an engine of growth: Which is the best fuel? Structural Change and Economic Dynamics, 42, 56-66. https://doi.org/10.1016/j.strueco.2017.04.004

Castillo, C. A., Domínguez, C. S., & Castro, G. A. (2019). Quantification of the role of the manufacturing sector in Post Industrial era in European countries. Revista de Economía Mundial, (52), 119-141. https://doi.org/10.33776/rem.v0i52.3918

Chica, R. (2007). Latinoamérica frente a la globalización: una estrategia alternativa de desarrollo. Universidad Autónoma de Manizales.

Ciriaci, D., & Palma, D. (2008). The role of knowledge-based supply specialization for competitiveness: A spatial econometric approach. Papers in Regional Science, 87(3), 453-476. https://doi.org/10.1111/j.1435-5957.2008.00198.x

Dalum, B., Verspagen, B., & Laursen, K. (1999). Does specialization matter for growth? Industrial and Corporate Change, 8(2), 267-285. https://doi.org/10.1093/icc/8.2.267

Duque, P., & Cervantes, L. (2019). Responsabilidad Social Universitaria: una revision sistemática y análisis bibliométrico. Estudios Gerenciales, 35(153), 451-464. https://doi.org/10.18046/j.estger.2019.153.3389

Deleidi, M., Paternesi-Meloni, W. P., & Stirati, A. (2019). Tertiarization, productivity, and aggregate demand: evidence-based policies for European countries. Journal of Evolutionary Economics, 30(5), 1429-1465. https://doi.org/10.1007/s00191-019-00647-6

García, J. (2010). Indonesia’s Experience of Agricultural Development: Lessons for Colombia. In J. Vallecilla, El desarrollo agropecuario en Colombia a comienzos del siglo XXI (pp. 151-186). CRECE.

Gavel, Y., & Iselid, L. (2008). Web of Science and Scopus: A journal-title overlap study. Online Information Review, 32(1), 8-21. https://doi.org/10.1108/14684520810865958

Güçlü, M. (2013). Manufacturing and Regional Economic Growth in Turkey: A Spatial Econometric View of Kaldor’s Laws. European Planning Studies, 21(6), 854-866. https://doi.org/10.1080/09654313.2012.722929

Guo, D., Dall’erba, S., & Le Gallo, J. (2013). The Leading Role of Manufacturing in China’s Regional Economic Growth: A Spatial Econometric Approach of Kaldor’s Laws. International Regional Science Review, 36(2), 139-166. https://doi.org/10.1177/0160017612457779

Jiménez, F. O. (2017). Growth and premature deindustrialization in Peru 1950-2015: A Kaldorian analysis. Revista Economía, 40(80), 155-222. https://doi.org/10.18800/economia.201702.005

Kaldor, N. (1961). Capital Accumulation and Economic Growth. In D. C. Hague (Ed.), The Theory of Capital (pp.177-222). Palgrave Macmillan.

Kaldor, N. (1966). Causes of the slow rate of economic growth of the United Kingdom: an inaugural lecture. Cambridge University Press.

Kaldor, N. (1967). Strategic factors in economic development. Cornell University Press.

Kaldor, N. (1968). Productivity and Growth in Manufacturing Industry: A Reply. Economica, 35(140), 385-391. https://doi.org/10.2307/2552347

Kaldor, N. (1970). The Case for Regional Policies. Scottish Journal of Political Economy. https://doi.org/10.1111/j.1467-9485.1970.tb00712.x

Kaldor, N. (1975). Economic Growth and the Verdoorn Law: A Comment on Mr. Rowthorn’s Article. The Economic Journal, 85(340), 891-896. https://doi.org/10.2307/2230633

Kongsamut, P., Rebelo, S., & Xie, D. (2001). Beyond balanced growth. Review of Economic Studies, 68(4), 869-882. https://doi.org/10.1111/1467-937X.00193

Lucas, R. E. (1988). On the mechanics of economic development. Journal of Monetary Economics, 22(1), 3-42. https://doi.org/10.1016/0304-3932(88)90168-7

Lim, L. K., & McAleer, M. (2002). Economic growth and technological catching up by Singapore to the USA. Mathematics and Computers in Simulation, 59(1–3), 133-141. https://doi.org/10.1016/S0378-4754(01)00401-3

Mamgain, V. (1999). Are the Kaldor-Verdoorn laws applicable in the newly industrializing countries? Review of Development Economics, 3(3), 295-309. https://doi.org/10.1111/1467-9361.00069

Marcon, N., de Borja Reis, C. F., & de Araújo, E. C. (2016). Manufacturing and economic development: The actuality of Kaldor’s first and second laws. Structural Change and Economic Dynamics, 37, 75-89. https://doi.org/10.1016/j.strueco.2015.12.002

Magacho, G. R., & McCombie, J. S. L. (2017). Verdoorn’s law and productivity dynamics: An empirical investigation into the demand and supply approaches. Journal of Post Keynesian Economics, 40(4), 600-621. https://doi.org/10.1080/01603477.2017.1299580

McCausland, W. D., & Theodossiou, I. (2012). Is manufacturing still the engine of growth? Journal of Post Keynesian Economics, 35(1), 79-92. https://doi.org/10.2753/PKE0160-3477350105

Millemaci, E., & Ofria, F. (2016). Supply and demand-side determinants of productivity growth in Italian regions. Structural Change and Economic Dynamics, 37, 138-146. https://doi.org/10.1016/j.strueco.2016.04.001

Moreno, A. M. (2008). Kaldor endogenous economic development laws: the Colombian case. Revista de Economía Institucional, 10(18), 129-147.

Nassif, A., Feijo, C., & Araujo, E. (2018). Econometric Estimation of Labor Productivity in the Brazilian Manufacturing Sector in the 2000s: a Kaldorian Approach. Revista Brasileira de Inovacao, 17(1), 9-32. https://doi.org/10.20396/rbi.v17i1.8650856

Necmi, S. (1999). Kaldor’s growth analysis revisited. Applied Economics, 31(5), 653-660. https://doi.org/10.1080/000368499324093

Pons-Novell, J., & Viladecans-Marsal, E. (1999). Kaldor’s laws and spatial dependence: Evidence for the European Regions. Regional Studies, 33(5), 443-451. https://doi.org/10.1080/00343409950081284

Rasiah, R. (1996). Manufacturing as an engine of growth and industrialization in Malaysia. Managerial Finance, 22(5), 87-117. https://doi.org/10.1108/eb018566

Rocha, I. L. (2018). Manufacturing as a driver of economic growth. PSL Quarterly Review, 71(285), 103-138. http://dx.doi.org/10.2139/ssrn.3211881

Romer, P. M. (1990) Endogenous Technological Change. Journal of Political Economy, 98(5), 71-102. https://doi.org/10.1086/261725

Romero, J. P., & McCombie, J. S. L. (2016). Differences in increasing returns between technological sectors A panel data investigation using the EU KLEMS database. Journal of Economic Studies, 43(5), 863-878. https://doi.org/10.1108/JES-03-2015-0045

Sánchez, I. L. (2011). Economic stagnation in Mexico, manufactures and increasing returns: A kaldorian approach. Investigación Económica, 70(277), 87-126.

Sánchez-Juárez, I. L., Salas, E., Moreno-Brid, J. C., & Loría Díaz de Guzmán, E. (2019). Kaldorian explanation of low economic growth in Mexico. Problemas del Desarrollo, 50(196), 3-26. https://doi.org/10.22201/iiec.20078951e.2019.196.63506

Solow, R. M. (1956). A Contribution to the Theory of Economic Growth. The Quarterly Journal of Economics, 70(1), 65-94. https://doi.org/10.2307/1884513

Ssozi, J. and Bbaale, E. (2019). The Effects of the Catch-Up Mechanism on the Structural Transformation of Sub-Saharan Africa. Economies, 7(4), 111. https://doi.org/10.3390/economies7040111

Tregenna, F. (2009). Characterizing deindustrialization: An analysis of changes in manufacturing employment and output internationally. Cambridge Journal of Economics, 33(3), 433-466. https://doi.org/10.1093/cje/ben032

Usui, N. (1997). Dutch disease and policy adjustments to the oil boom: A comparative study of Indonesia and Mexico. Resources Policy, 23(4), 151-162. https://doi.org/10.1016/S0301-4207(97)00023-8

Young, A. A. (1928). Increasing Returns and Economic Progress. The Economic Journal, 38(152), 527-542. https://doi.org/10.2307/2224097

Yu, Q., Qi, Z., & Yu, Y. (2018). Industrialization and economic growth in China: A panel test of Kaldor’s growth laws. In 2018 International Conference on Management Science and Engineering (ICMSE) (pp. 382–389). IEEE. https://doi.org/10.1109/ICMSE.2018.8745087

Keywords

Economic Growth
Kaldor Laws
Industrialization
Structural Change