Importancia de los recursos naturales en la productividad: coyunturas de argentina, bolivia, brasil, colombia, ecuador, haití y México.

Abstract

The objective of this research was to analyze the importance of natural resources in the productivity of Argentina, Bolivia, Brazil, Colombia, Ecuador, Haiti and Mexico; this countries of Latin America were chosen given the abundance of natural capital, to determine if they suffer from the so-called "resource curse". A quantitative approach was used, employing data collection techniques through secondary sources and a mathematical application based on the Nordhaus growth model, which studies tbe participation of physical capital, labor force, natural capital and productivity in national income and in economic growth. The results show that from 1970 to 2019, natural resources (measured by the amount ofreserves) show a positive but less significant growth rate than productivity, therefore, the engine of economic growth in the nations analyzed ( except Haití) is this componen t. Formulatíon of pub líe policies that are aimed at improving the efficiency of the management of natural resources and guaranteeing their sustainability as productive capital for future generations is recommended.