Argentina-Canada from 1870: Explaining the dynamics of divergence
Argentina and Canada started their industrialization processes while exporting natural resources and importing capital goods. These two nations were sparsely populated but received significant inflows of European immigrants since the second half of the nineteenth century. Until the start of World War II, both economies experienced similar per-capita GDPs. However, the gap between both per-capita GDPs began to grow, widening throughout the century. We carry out an empirical study of the deep determinants of the divergence process between both economies. We confirm that while Canada was drawn into a successful path due to the adjacency with a bigger and complementary economy, Argentina fell into a “staple trap”.
|Date of creation:||Jun 2009|
|Date of revision:|
|Contact details of provider:|| Postal: Ludwigstraße 33, D-80539 Munich, Germany|
Web page: https://mpra.ub.uni-muenchen.de
More information through EDIRC
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.:
- Robert E. Hall & Charles I. Jones, 1999. "Why Do Some Countries Produce So Much More Output per Worker than Others?," NBER Working Papers 6564, National Bureau of Economic Research, Inc.
- Morris Altman, 2003. "Staple theory and export-led growth: constructing differential growth," Australian Economic History Review, Economic History Society of Australia and New Zealand, vol. 43(3), pages 230-255, November.
- Leandro Prados de la Escosura & Isabel Sanz-Villarroya, 2009. "Contract enforcement, capital accumulation, and Argentina's long-run decline," Cliometrica, Journal of Historical Economics and Econometric History, Association Française de Cliométrie (AFC), vol. 3(1), pages 1-26, January.
- N. Gregory Mankiw & David Romer & David N. Weil, 1990.
"A Contribution to the Empirics of Economic Growth,"
NBER Working Papers
3541, National Bureau of Economic Research, Inc.
- Francesco Caselli, 2005.
"Accounting for Cross-Country Income Differences,"
CEP Discussion Papers
dp0667, Centre for Economic Performance, LSE.
- Jonathan Temple, 1999. "The New Growth Evidence," Journal of Economic Literature, American Economic Association, vol. 37(1), pages 112-156, March.
- Edward J. Chambers & Donald F. Gordon, 1967. "Primary Products and Economic Growth: Rejoinder," Journal of Political Economy, University of Chicago Press, vol. 75, pages 881.
- Stanley L. Engerman & Kenneth L. Sokoloff, 2003. "Institutional and Non-Institutional Explanations of Economic Differences," NBER Working Papers 9989, National Bureau of Economic Research, Inc.
- Stephen L. Parente & Edward C. Prescott, 2002. "Barriers to Riches," MIT Press Books, The MIT Press, edition 1, volume 1, number 0262661306, June.
- De Gregorio, Jose, 1992.
"Economic growth in Latin America,"
Journal of Development Economics,
Elsevier, vol. 39(1), pages 59-84, July.
- Alan M. Taylor, 1994. "Three Phases of Argentine Economic Growth," NBER Historical Working Papers 0060, National Bureau of Economic Research, Inc.
- Larry E. Jones & Rodolfo E. Manuelli, 1994.
"The Sources of Growth,"
9411002, EconWPA, revised 05 Mar 1999.
- John H. Dales & John C. McManus & Melville H. Watkins, 1967. "Primary Products and Economic Growth: A Comment," Journal of Political Economy, University of Chicago Press, vol. 75, pages 876.
- Douglass C. North, 1955. "Location Theory and Regional Economic Growth," Journal of Political Economy, University of Chicago Press, vol. 63, pages 243.
- Daron Acemoglu, 2007. "Introduction to Modern Economic Growth," Levine's Bibliography 122247000000001721, UCLA Department of Economics.
- North, Douglass C., 1956. "International Capital Flows and the Development of the American West," The Journal of Economic History, Cambridge University Press, vol. 16(04), pages 493-505, December.
- Marie-Ange Véganzonès & Carlos Winograd, 1998. "Human Capital, Trade Openness and Growth in Argentina in the 20th Century," LABOUR, CEIS, vol. 12(2), pages 305-352, 07.
- Robert E. Hall & Charles I. Jones, 1999. "Why do Some Countries Produce So Much More Output Per Worker than Others?," The Quarterly Journal of Economics, Oxford University Press, vol. 114(1), pages 83-116.
- Gordon W. Bertram, 1973. "The Relevance of the Wheat Boom in Canadian Economic Growth," Canadian Journal of Economics, Canadian Economics Association, vol. 6(4), pages 545-66, November.
- Grant, Dwight, 1974. "The Staple Theory and Its Empirical Measurement," Journal of Political Economy, University of Chicago Press, vol. 82(6), pages 1249-53, Nov.-Dec..
- Richard Kneller, 2005. "Frontier Technology, Absorptive Capacity and Distance," Oxford Bulletin of Economics and Statistics, Department of Economics, University of Oxford, vol. 67(1), pages 1-23, 02.
- repec:idb:brikps:33798 is not listed on IDEAS
- Peter Klenow & Andrés Rodríguez-Clare, 1997. "The Neoclassical Revival in Growth Economics: Has It Gone Too Far?," NBER Chapters, in: NBER Macroeconomics Annual 1997, Volume 12, pages 73-114 National Bureau of Economic Research, Inc.
- Eduardo Fernández-Arias & Juan S. Blyde & Indermit S. Gill & Alexander Monge Naranjo & Pablo A. Neumeyer & Carlos G. Fernández Valdovinos & Armando Castelar Pinheiro & J. Rodrigo Fuentes & Hugo A. Hop, 2005. "Sources of Growth in Latin America: What Is Missing?," IDB Publications (Books), Inter-American Development Bank, number 33798 edited by Eduardo Fernández-Arias & Juan S. Blyde & Rodolfo E. Manuelli, January.
When requesting a correction, please mention this item's handle: RePEc:pra:mprapa:18394. See general information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Joachim Winter)
If references are entirely missing, you can add them using this form.