Innovation Latin (Daude)

OECD published Innovation, produtivity and economic developement in Latin America and the Caribean by Christian Daude. In this paper, Daude explores why productivity grows more slowly in Latin America than elsewhere. He argues that economic and political institutions, as well as differences in human capital and access to finance, explain the region´s gap with respect to OECD countries regarding the diffusion of new technologies. Some of the evidence presented in the paper indicates that low levels of TFP and technology diffusion are due to weak regulatory frameworks and institutions… ver http://www.oecd.org/dataoecd/4/36/44581147.pdf