%0 Journal Article
%T TWO HUNDRED YEARS OF COLOMBIAN ECONOMIC GROWTH: THE ROLE OF TFP
%A ALVARO J RIASCOS
%J Latin American Journal of Economics
%D 2011
%I Pontificia Universidad Cat¨®lica de Chile
%X Using modern growth theory, we estimate Colombian total-factor productivity relative to the United Kingdom's for the last 200 years in order to match observed income differences. Our results show Colombia's remarkably inefficient use of technology relative to a country that is a leader in this regard and provide quantitative estimates of the proximate causes of relative income differences between the two economies.
%K Long-run growth
%K total factor productivity
%K industrialization
%K Colombia
%K relative income differences
%U http://www.scielo.cl/scielo.php?script=sci_arttext&pid=S0719-04332011000200004