Life is Unfair in Latin America, but Does It Matter for Growth?

World Development, Forthcoming

Posted: 23 Jul 2009

See all articles by Luisa R. Blanco

Luisa R. Blanco

Pepperdine University School of Public Policy

Date Written: July 22, 2009

Abstract

I analyze the effect of inequality on economic growth in Latin America, where inequality is measured as the area of family farms as a percentage of the total area of agricultural holdings. Using data from 18 Latin American countries between 1960 and 2004, I find that inequality has a nonlinear effect on economic growth. Overall, for the countries included in this analysis, the share of family farms has a positive significant effect on economic growth. These findings are robust to controlling for several factors, using a different indicator of inequality (land Gini), and addressing for endogeneity.

Keywords: Inequality, agriculture, economic growth, Latin America

JEL Classification: D63, O13, O40, O54

Suggested Citation

Blanco, Luisa R., Life is Unfair in Latin America, but Does It Matter for Growth? (July 22, 2009). World Development, Forthcoming. Available at SSRN: https://ssrn.com/abstract=1437760

Luisa R. Blanco (Contact Author)

Pepperdine University School of Public Policy ( email )

24255 Pacific Coast Highway
Malibu, CA 90263
United States

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