The rest of the paper is organized as follows: In section 2, the economies and recent
experiences of the three countries studied are briefly discussed. In section 3, we consider
recent theories of growth and their relationship to the current study. Section 4 describes the
methodology for estimating TFPG, which closely follows that of Young (1992)8. Section 5
presents the basic estimation results. Section 6 provides a discussion of these estimates,
including a comparison with other work on TFPG in Latin America. Section 7 provides
concluding remarks.