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;

Access Documents

Authors

Bibliographic Information

Provider: Federal Reserve Bank of Dallas

Part of Series: Center for Latin America Working Papers

Publication Date: 2002

Number: 0102