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Crecimiento potencial y productividad en la Argentina: 1980-1997

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Author Info
Osvaldo Meloni (Universidad Nacional de Tucumán, Argentina)

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Abstract

El presente trabajo estima el producto potencial para la Argentina en el período 1980-97. El enfoque utilizado es el aplicado por Roldós (1997) para el caso de Chile, que obtiene las participaciones de los factores de producción mediante la estimación de una función de producción agregada con insumos ajustados por calidad y supone pleno uso de factores productivos. La serie de producto potencial obtenida presenta dos subperíodos bien diferenciados: en el lapso 1980-89 la tasa de cambio promedio anual fue nula, mientras que para el subperíodo 1990-97 fue del 5,4%. Sin embargo, en este último subperíodo el nivel del potencial fue superior al registrado, lo que indicaría que no hubo episodios de “recalentamiento” durante esos años. El trabajo se completa con la estimación de las fuentes de crecimiento económico de Argentina. Se encuentra que, mientras en el lapso 1980-89 la productividad total de factores decreció a una tasa del 0,4% si se computan los insumos ajustado por calidad y del 1,8% si no se practica tal ajuste; en el subperíodo 1990-97 la productividad total de factores creció al 2% anual si los insumos se ajustan por calidad y al 4% sin ajuste. Estos guarismos nos revelan que el crecimiento que experimentó nuestro país durante la década del 90, fue del tipo intensivo, en contraposición al crecimiento extensivo detectado por otros autores en la ex –Unión Soviética y algunos países del sudeste asiático.

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Publisher Info
Paper provided by EconWPA in its series Development and Comp Systems with number 0503001.

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Length: 23 pages
Date of creation: 01 Mar 2005
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Handle: RePEc:wpa:wuwpdc:0503001

Note: Type of Document - pdf; pages: 23
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Web page: http://129.3.20.41

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Related research
Keywords: Crecimiento Potencial - Productividad Total de los Factores;

Find related papers by JEL classification:
O4 - Economic Development, Technological Change, and Growth - - Economic Growth and Aggregate Productivity

This paper has been announced in the following NEP Reports:

References listed on IDEAS
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
  1. Adams, Charles & Coe, David T., 1989. "A Systems Approach to Estimating the Natural Rate of Unemployment and Potential Output for the United States," MPRA Paper 8622, University Library of Munich, Germany. [Downloadable!]
  2. Michael Sarel, 1997. "Growth and Productivity in ASEAN Countries," IMF Working Papers 97/97, International Monetary Fund.
  3. Hodrick, Robert J & Prescott, Edward C, 1997. "Postwar U.S. Business Cycles: An Empirical Investigation," Journal of Money, Credit and Banking, Blackwell Publishing, vol. 29(1), pages 1-16, February.
    Other versions:
  4. Young, Alwyn, 1995. "The Tyranny of Numbers: Confronting the Statistical Realities of the East Asian Growth Experience," The Quarterly Journal of Economics, MIT Press, vol. 110(3), pages 641-80, August. [Downloadable!] (restricted)
  5. Easterly, William & Fischer, Stanley, 1995. "The Soviet Economic Decline," World Bank Economic Review, Oxford University Press, vol. 9(3), pages 341-71, September.
  6. Ben-David, Dan & Papell, David H., 1995. "The great wars, the great crash, and steady state growth: Some new evidence about an old stylized fact," Journal of Monetary Economics, Elsevier, vol. 36(3), pages 453-475, December. [Downloadable!] (restricted)
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Cited by:
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  1. Finn E. Kydland & Carlos E. J. M. Zarazaga, 2002. "Argentina's Lost Decade," Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics, vol. 5(1), pages 152-165, January. [Downloadable!] (restricted)
    Other versions:
  2. Finn E. Kydland & Carlos E.J.M. Zarazaga, 2003. "Argentina's lost decade and subsequent recovery: hits and misses of the neoclassical growth model," Center for Latin America Working Papers 0403, Federal Reserve Bank of Dallas. [Downloadable!]
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