Economic Cycles in Argentina: 1875–1990

• Isabel Sanz-Villarroya ^[1]
  1. [1] Universidad de Zaragoza

     Universidad de Zaragoza

     Zaragoza, España

     
• Localización: Journal of Latin American Studies, ISSN 0022-216X, ISSN-e 1469-767X, Vol. 38, Nº. 3, 2006, págs. 549-570
• Idioma: inglés
• DOI: 10.1017/S0022216X06001167
• Enlaces
  • Texto completo
• Resumen

  • This article analyses the short-run periods that can be derived from the GDP per capita series for Argentina between 1875 and 1990, after extracting its segmented long-run trend using time series techniques and unit root tests. It also studies the economic forces which, from the aggregate demand side, might provide an explanation for this behaviour. This mode of operation makes it possible to identify successive cycles more accurately than in previous studies. A high level of agreement is observed between the results of this study and arguments in the literature regarding the causes shaping these short-run periods: the analysis demonstrates that exports were the key factor until 1932 while after this year consumption and investment came to predominate.

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