<?xml version="1.0" encoding="ISO-8859-1"?><article xmlns:mml="http://www.w3.org/1998/Math/MathML" xmlns:xlink="http://www.w3.org/1999/xlink" xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance">
<front>
<journal-meta>
<journal-id>1665-5346</journal-id>
<journal-title><![CDATA[Revista mexicana de economía y finanzas]]></journal-title>
<abbrev-journal-title><![CDATA[Rev. mex. econ. finanz]]></abbrev-journal-title>
<issn>1665-5346</issn>
<publisher>
<publisher-name><![CDATA[Instituto Mexicano de Ejecutivos de Finanzas A.C.]]></publisher-name>
</publisher>
</journal-meta>
<article-meta>
<article-id>S1665-53462016000200077</article-id>
<title-group>
<article-title xml:lang="en"><![CDATA[Technological Innovation and Economic Growth in Latin America]]></article-title>
<article-title xml:lang="es"><![CDATA[Innovación Tecnológica y Crecimiento Económico en América Latina]]></article-title>
</title-group>
<contrib-group>
<contrib contrib-type="author">
<name>
<surname><![CDATA[Aali Bujari]]></surname>
<given-names><![CDATA[Alí]]></given-names>
</name>
<xref ref-type="aff" rid="Aff"/>
</contrib>
<contrib contrib-type="author">
<name>
<surname><![CDATA[Venegas Martínez]]></surname>
<given-names><![CDATA[Francisco]]></given-names>
</name>
<xref ref-type="aff" rid="Aff"/>
</contrib>
</contrib-group>
<aff id="Af1">
<institution><![CDATA[,Universidad Autónoma del Estado de Hidalgo Escuela Superior de Apan ]]></institution>
<addr-line><![CDATA[ ]]></addr-line>
<country>Mexico</country>
</aff>
<aff id="Af2">
<institution><![CDATA[,Instituto Politécnico Nacional Escuela de Economía ]]></institution>
<addr-line><![CDATA[ ]]></addr-line>
<country>Mexico</country>
</aff>
<pub-date pub-type="pub">
<day>00</day>
<month>09</month>
<year>2016</year>
</pub-date>
<pub-date pub-type="epub">
<day>00</day>
<month>09</month>
<year>2016</year>
</pub-date>
<volume>11</volume>
<numero>2</numero>
<fpage>77</fpage>
<lpage>89</lpage>
<copyright-statement/>
<copyright-year/>
<self-uri xlink:href="http://www.scielo.org.mx/scielo.php?script=sci_arttext&amp;pid=S1665-53462016000200077&amp;lng=en&amp;nrm=iso"></self-uri><self-uri xlink:href="http://www.scielo.org.mx/scielo.php?script=sci_abstract&amp;pid=S1665-53462016000200077&amp;lng=en&amp;nrm=iso"></self-uri><self-uri xlink:href="http://www.scielo.org.mx/scielo.php?script=sci_pdf&amp;pid=S1665-53462016000200077&amp;lng=en&amp;nrm=iso"></self-uri><abstract abstract-type="short" xml:lang="en"><p><![CDATA[Abstract: This paper is aimed at analyzing the impact of technological innovation on economic growth for twelve representative countries in Latin America during the period 1996-2008. To do this, a dynamic panel data model is developed and estimated with Generalized Method of Moments (GMM) system. The empirical evidence presented in this paper shows that the processes of technological innovation have a positive impact on economic growth in the region, suggesting that Latin American countries might achieve economic growth in a context of incentives for technological innovation. The article focuses on Latin American economies that account for most of the product in the region, and an analysis of dynamic panel data that allows a greater number of countries, of variables and periods is performed. The main finding is that investment in research, patents and exports of high-tech products are relevant to raise the total factor productivity and increase per capita GDP in most Latin American countries. JEL Classification: O10, O31, O47.]]></p></abstract>
<abstract abstract-type="short" xml:lang="es"><p><![CDATA[Resumen: Este trabajo tiene como objetivo analizar el impacto de la innovación tecnológica en el crecimiento económico para doce países representativos de América Latina durante el período 1996-2008. Para ello, se desarrolla un modelo de datos de panel dinámico y se estima con el Método Generalizado de Momentos (MGM) en sistema. La evidencia empírica presentada en éste artículo muestra que los procesos de innovación tecnológica tienen un impacto positivo en el crecimiento económico en la región, por lo cual sugiere que los países de América Latina pueden conseguir crecimiento económico en un contexto de incentivos a la innovación tecnológica. El artículo se centra en las economías latinoamericanas que representan la mayor parte del producto de la región, y se realiza un análisis de datos de panel dinámico que permite utilizar una mayor cantidad de países, de variables y de periodos. La conclusión principal es que la inversión en investigación, las patentes y exportaciones de productos con alto contenido tecnológico son relevantes para elevar la productividad total de los factores y el aumento del PIB per cápita en la mayoría de países de América Latina. Clasificación JEL: O10, O31, O47.]]></p></abstract>
<kwd-group>
<kwd lng="en"><![CDATA[Economic Growth]]></kwd>
<kwd lng="en"><![CDATA[Technological Innovation Process]]></kwd>
<kwd lng="en"><![CDATA[Dynamic Panel Data]]></kwd>
<kwd lng="es"><![CDATA[Crecimiento Económico]]></kwd>
<kwd lng="es"><![CDATA[Proceso de Innovación Tecnológico]]></kwd>
<kwd lng="es"><![CDATA[Datos de Panel Dinámico]]></kwd>
</kwd-group>
</article-meta>
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