Analysis of the incidence of public spending on employment and imports in Argentina during 2005-2015

Alcides Bazza (), Gabriel Brondino () and Hernan Roitbarg ()
Additional contact information
Alcides Bazza: National University of the Litoral & National Council for Scientific and Technical Research (UNL – CONICET)
Gabriel Brondino: National University of the Litoral & National Council for Scientific and Technical Research (UNL – CONICET)
Hernan Roitbarg: National University of the Litoral & National Council for Scientific and Technical Research (UNL – CONICET)

Ensayos Económicos, 2022, vol. 1, issue 80, 53-75

Abstract: The paper analyzes the incidence of current public spending on employment and imports in Argentina during 2005-2015 based on an input-output analysis. In this period, employment and intermediate imports induced by Argentine public spending increased by a much higher magnitude than inother countries, converging to similar relative values to European countries with higher incomes. From a structural decomposition analysis, we find that the most important source of the increase in employment and intermediate imports was the level of government spending. However, the period coincides with major changes in the distribution of spending by purpose and the effect of these changes was to reduce the level of induced employment and increase the level of induced intermediate imports. An analysis of the cost in foreign currency per job confirms that this effect is directly associated with the increase in the importance of spending on “Economic Services”.

Keywords: Argentina; employment; input-output matrix; imports; public spending (search for similar items in EconPapers)
JEL-codes: C67 E62 H50 O23 (search for similar items in EconPapers)
Date: 2022
References: View references in EconPapers View complete reference list from CitEc
Citations:

Downloads: (external link)
https://bcra.gob.ar/Institucional/DescargaPDF/DownloadPDF.aspx?Id=1081 Spanish version (versión en Español) (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:bcr:ensayo:v:1:y:2022:i:80:p:53-75

Access Statistics for this article

Ensayos Económicos is currently edited by Germán Feldman

More articles in Ensayos Económicos from Central Bank of Argentina, Economic Research Department Contact information at EDIRC.
Bibliographic data for series maintained by Federico Grillo ().