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Human Capital, Trade Openess and Convergence: The Economic Growth Of Argentina in the XXth Century


  • Veganzones, M.A.
  • Winograd, C.


This paper studies the determinants of long term growth in Argentina. We estimate a production function that accounts for the economic performance of the country in the 20th century. To evaluate Total Factor Productivity we initially test the classical Solow model. We then analyze the impact of additionnal variables recently highlighted in the endogenous growth literature such as convergence, the process of catch up of foreign technical progress, human capital and trade openess. We elaborate long term time series whereas most of the recent empirical studies are based on cross section analysis. This approach will allow us to follow the various regime changes that can be identified in the rich Argentine economic history.

Suggested Citation

  • Veganzones, M.A. & Winograd, C., 1996. "Human Capital, Trade Openess and Convergence: The Economic Growth Of Argentina in the XXth Century," DELTA Working Papers 96-25, DELTA (Ecole normale supérieure).
  • Handle: RePEc:del:abcdef:96-25

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    References listed on IDEAS

    1. John Vickers & George Yarrow, 1988. "Privatization: An Economic Analysis," MIT Press Books, The MIT Press, edition 1, volume 1, number 0262720116, July.
    2. Kiguel, Miguel A., 1991. "Inflation in Argentina: Stop and go since the Austral plan," World Development, Elsevier, vol. 19(8), pages 969-986, August.
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    JEL classification:

    • O4 - Economic Development, Innovation, Technological Change, and Growth - - Economic Growth and Aggregate Productivity
    • C21 - Mathematical and Quantitative Methods - - Single Equation Models; Single Variables - - - Cross-Sectional Models; Spatial Models; Treatment Effect Models


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