Growth and business cycle in Argentina: a lon-run approach, 1875-2015
Gadea Rivas, María Dolores (Universidad de Zaragoza) ; Sanz Villarroya, María Isabel (Universidad de Zaragoza)
Resumen: Purpose
The purpose of this study is to focus deeply on the short term to explain the relative long-term evolution of the Argentinian economy in the long and the short term.
Design/methodology/approach
The study of the long-term evolution of the Argentine economy and identifying the moment in which it began to lose ground compared to other developed economies, such as Australia and Canada, constitutes the central axis of the historiography of this country. However, an additional problem presented by the Argentine economy is its high volatility. For this reason, the long term should be influenced by the short term, an issue that requires a more detailed study of the cyclical behavior and a deep analysis of the relationship between the long and the short term.
Findings
The results obtained point to a cyclical development that influences the long-term evolution and, therefore, explains Argentina’s convergence process with Australia and Canada. Frequent deep busts and short booms characterize the Argentine cycle, offsetting its long-term growth potential.
Originality/value
Although the long term has been profusely studied in Argentina, the short term has not been analyzed to the same extent, which is surprising given the extreme volatility of this economy (Prebisch, 1950). The studies performed on economic cycles have always been partial, disconnected from the long term and carried out without much technical rigor.
Idioma: Inglés
DOI: 10.1108/AEA-03-2020-0024
Año: 2020
Publicado en: Applied Economic Analysis 28, 84 (2020), 197-220
ISSN: 2632-7627
Factor impacto JCR: 0.417 (2020)
Categ. JCR: ECONOMICS rank: 365 / 376 = 0.971 (2020) - Q4 - T3
Financiación: info:eu-repo/grantAgreement/ES/MICINN/ECO2017-83255-C3-1-P
Financiación: info:eu-repo/grantAgreement/ES/MICINN/ECO2017-83255-C3-3-P
Financiación: info:eu-repo/grantAgreement/ES/MICINN/PGC2018-095821-B-I00
Tipo y forma: Artículo (Versión definitiva)
Área (Departamento): Área Economía Aplicada (Dpto. Estruc.Hª Econ.y Eco.Pb.)
Debe reconocer adecuadamente la autoría, proporcionar un enlace a la licencia e indicar si se han realizado cambios. Puede hacerlo de cualquier manera razonable, pero no de una manera que sugiera que tiene el apoyo del licenciador o lo recibe por el uso que hace.
Exportado de SIDERAL (2023-06-21-15:03:31)
Visitas y descargas
The purpose of this study is to focus deeply on the short term to explain the relative long-term evolution of the Argentinian economy in the long and the short term.
Design/methodology/approach
The study of the long-term evolution of the Argentine economy and identifying the moment in which it began to lose ground compared to other developed economies, such as Australia and Canada, constitutes the central axis of the historiography of this country. However, an additional problem presented by the Argentine economy is its high volatility. For this reason, the long term should be influenced by the short term, an issue that requires a more detailed study of the cyclical behavior and a deep analysis of the relationship between the long and the short term.
Findings
The results obtained point to a cyclical development that influences the long-term evolution and, therefore, explains Argentina’s convergence process with Australia and Canada. Frequent deep busts and short booms characterize the Argentine cycle, offsetting its long-term growth potential.
Originality/value
Although the long term has been profusely studied in Argentina, the short term has not been analyzed to the same extent, which is surprising given the extreme volatility of this economy (Prebisch, 1950). The studies performed on economic cycles have always been partial, disconnected from the long term and carried out without much technical rigor.
Idioma: Inglés
DOI: 10.1108/AEA-03-2020-0024
Año: 2020
Publicado en: Applied Economic Analysis 28, 84 (2020), 197-220
ISSN: 2632-7627
Factor impacto JCR: 0.417 (2020)
Categ. JCR: ECONOMICS rank: 365 / 376 = 0.971 (2020) - Q4 - T3
Financiación: info:eu-repo/grantAgreement/ES/MICINN/ECO2017-83255-C3-1-P
Financiación: info:eu-repo/grantAgreement/ES/MICINN/ECO2017-83255-C3-3-P
Financiación: info:eu-repo/grantAgreement/ES/MICINN/PGC2018-095821-B-I00
Tipo y forma: Artículo (Versión definitiva)
Área (Departamento): Área Economía Aplicada (Dpto. Estruc.Hª Econ.y Eco.Pb.)
Debe reconocer adecuadamente la autoría, proporcionar un enlace a la licencia e indicar si se han realizado cambios. Puede hacerlo de cualquier manera razonable, pero no de una manera que sugiera que tiene el apoyo del licenciador o lo recibe por el uso que hace. Exportado de SIDERAL (2023-06-21-15:03:31)
Enlace permanente:
Visitas y descargas
Este artículo se encuentra en las siguientes colecciones:
Artículos
Registro creado el 2021-02-16, última modificación el 2023-06-22