Working Paper
Argentina's recovery and "excess" capital shallowing of the 1990s
Abstract: The paper examines Argentinas economic expansion in the 1990s through the lens of a parsimonious neoclassical growth model. The main finding is that investment remained considerably weaker than what the model would have predicted. The resulting excessive capital shallowing could be identified as a weakness of the rapid economic growth of the 1990s that may have played a role in Argentinas ultimate inability to escape the crisis that started to unfold towards the end of that decade. ; Economic Research Working Paper 0204
Keywords: Capital;
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Bibliographic Information
Provider: Federal Reserve Bank of Dallas
Part of Series: Center for Latin America Working Papers
Publication Date: 2002
Number: 0102