The rise and fall of Argentina

Artikel

I examine the contribution of institutional breakdowns to long-run development, drawing on Argentina's unique departure from a rich country on the eve of World War I to an underdeveloped one today. The empirical strategy is based on building a counterfactual scenario to examine the path of Argentina's long-run development in the absence of breakdowns, assuming it would follow the institutional trends in countries at parallel stages of development. Drawing on Argentina's large historical bibliography, I have identified the institutional breakdowns and coded for the period 1850-2012. The synthetic control and difference-in-differences estimates here suggest that, in the absence of institutional breakdowns, Argentina would largely have avoided the decline and joined the ranks of rich countries with an income level similar to that of New Zealand.

Angaben zum Objekt

• Sprache: Englisch

Verweise und Beziehungen

• Erschienen in: Journal: Latin American Economic Review ; ISSN: 2196-436X ; Volume: 28 ; Year: 2019 ; Issue: 1 ; Pages: 1-40 ; Heidelberg: Springer

Klassifikation und Themen

• Klassifikation: Wirtschaft ; Single Equation Models; Single Variables: Panel Data Models; Spatio-temporal Models ; Election Law ; Economic History: Macroeconomics and Monetary Economics; Industrial Structure; Growth; Fluctuations: Latin America; Caribbean ; Economic History: Government, War, Law, International Relations, and Regulation: Latin America; Caribbean ; Institutions and Growth ; Empirical Studies of Economic Growth; Aggregate Productivity; Cross-Country Output Convergence
• Thema: Long-run development ; New institutional economics ; Political economy ; Argentina ; Applied econometrics

Beteiligte, Orts- und Zeitangaben

• Ereignis: Geistige Schöpfung
• (wer): Spruk, Rok
• Ereignis: Veröffentlichung
• (wer): Springer
• (wo): Heidelberg
• (wann): 2019

Weitere Informationen

• DOI: doi:10.1186/s40503-019-0076-2
• Handle: http://hdl.handle.net/10419/259447
• Letzte Aktualisierung: 10.03.2025, 11:43 MEZ