Growth constraints and external vulnerability in Argentina
This paper describes the balance-of-payments dominance as a growth constraint to the Argentinian economy and briefly characterizes the unbalanced productive structure of the country as its main cause. Also, understanding that under this constraint domestic economic cycles depend on external shocks,...
Guardado en:
| Autor principal: | |
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| Otros Autores: | |
| Formato: | Tesis de maestría acceptedVersion |
| Lenguaje: | Inglés |
| Publicado: |
2020
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| Materias: | |
| Acceso en línea: | http://nulan.mdp.edu.ar/3471/ http://nulan.mdp.edu.ar/3471/1/catelen-2020.pdf |
| Aporte de: |
| id |
I29-R1353471 |
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| record_format |
dspace |
| institution |
Universidad Nacional de Mar del Plata (UNMdP) |
| institution_str |
I-29 |
| repository_str |
R-135 |
| collection |
Nulan - Fac.Cs.Económicas (UNMdP) |
| language |
Inglés |
| orig_language_str_mv |
eng |
| topic |
Crecimiento Económico Balanza de Pagos Vulnerabilidad Externa |
| spellingShingle |
Crecimiento Económico Balanza de Pagos Vulnerabilidad Externa Catelén, Ana Laura Growth constraints and external vulnerability in Argentina |
| description |
This paper describes the balance-of-payments dominance as a growth constraint to the Argentinian economy and briefly characterizes the unbalanced productive structure of the country as its main cause. Also, understanding that under this constraint domestic economic cycles depend on external shocks, auto-regressive vectors are used to characterize the short-run impact of these shocks on GDP, trade balance, and real wages. Results confirm that there is a bottleneck in the trade balance that blocks future growth possibilities, that GDP and wages are highly sensitive to variations in the terms of trade, that the increase in external debt does not produce economic growth or improvements in the purchasing power of the population, and that there is a vicious dynamic between capital flight and foreign debt. At the same time, there is evidence of the increase in external vulnerability since the change in the accumulation model in the 1970s. |
| author2 |
Nicolini, Esteban |
| author_facet |
Nicolini, Esteban Catelén, Ana Laura |
| format |
Tesis de maestría Tesis de maestría acceptedVersion |
| author |
Catelén, Ana Laura |
| author_sort |
Catelén, Ana Laura |
| title |
Growth constraints and external vulnerability in Argentina |
| title_short |
Growth constraints and external vulnerability in Argentina |
| title_full |
Growth constraints and external vulnerability in Argentina |
| title_fullStr |
Growth constraints and external vulnerability in Argentina |
| title_full_unstemmed |
Growth constraints and external vulnerability in Argentina |
| title_sort |
growth constraints and external vulnerability in argentina |
| publishDate |
2020 |
| url |
http://nulan.mdp.edu.ar/3471/ http://nulan.mdp.edu.ar/3471/1/catelen-2020.pdf |
| work_keys_str_mv |
AT catelenanalaura growthconstraintsandexternalvulnerabilityinargentina |
| bdutipo_str |
Repositorios |
| _version_ |
1764820522288283650 |