Argentina's recovery and "excess" capital shallowing of the 1990s
By: Finn E. Kydland, Carlos E. J. M. Zarazaga.
Contributors: Zarazaga, Carlos Enrique.
Series: Research Department working paper ;; 0204; Working paper (Federal Reserve Bank of Dallas. Research Dept. : Online) ;; 0204.
Publisher: Federal Reserve Bank of Dallas
Published: 2002
Place of publication: [Dallas, Tx.]
Language: eng
Format: Electronic resource
Subjects: Investments -- Argentina -- Econometric models.; Argentina -- Economic conditions -- 1983- -- Econometric models.
Description: "The paper examines Argentina's 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 Argentina℗s ultimate inability to escape the crisis that started to unfold towards the end of that decade. "--Federal Reserve Bank of Dallas web site.
Notes: Includes bibliographical references.
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