Regional Competitiveness in Latin America - Sergio Gonzalez Catalan - UCJC
Regional Competitiveness in Latin America: a comparative study of the key elements for regional performance Latin America has a wide variety and diversity of regions. Cross-country comparison is critical to understand the success of some regions and the stagnation of others. There are regions in Latin America that consistently show high levels economic, social and environmental indicators. These regions have a high endowment of factors associated with regional competitiveness. First, research establishes that regions such as the Metropolitan region in Chile compete for foreign investment while companies within regions like O’Higgins and Antofagasta regions in Chile compete for product placement in international markets. These types of competition take place mainly between countries, but there are no comparative studies of regional competitiveness between countries for Latin America. Secondly, this paper reviews the existing measurements of regional competitiveness within countries in Argentina, Colombia, Chile, Mexico and Peru identifying common factors in competitive regions. Finally, defining regional competitiveness as “the ability to offer an attractive and sustainable environment for firms and residents to live and work” and through an input-output competitiveness model a set of regional indicators is used to measure regional competitiveness in Chile, Colombia and Mexico for the 2000-2018 period. The measurement allows comparison of regional competitiveness and performance across countries. The research results show that these regions have a superior endowment of regional inputs such as human capital and technological infrastructure and allocate networks of high-tech of companies
Regional Competitiveness in Latin America: a comparative study of the key elements for regional performance Latin America has a wide variety and diversity of regions. Cross-country comparison is critical to understand the success of some regions and the stagnation of others. There are regions in Latin America that consistently show high levels economic, social and environmental indicators. These regions have a high endowment of factors associated with regional competitiveness. First, research establishes that regions such as the Metropolitan region in Chile compete for foreign investment while companies within regions like O’Higgins and Antofagasta regions in Chile compete for product placement in international markets. These types of competition take place mainly between countries, but there are no comparative studies of regional competitiveness between countries for Latin America. Secondly, this paper reviews the existing measurements of regional competitiveness within countries in Argentina, Colombia, Chile, Mexico and Peru identifying common factors in competitive regions. Finally, defining regional competitiveness as “the ability to offer an attractive and sustainable environment for firms and residents to live and work” and through an input-output competitiveness model a set of regional indicators is used to measure regional competitiveness in Chile, Colombia and Mexico for the 2000-2018 period. The measurement allows comparison of regional competitiveness and performance across countries. The research results show that these regions have a superior endowment of regional inputs such as human capital and technological infrastructure and allocate networks of high-tech of companies