An analysis of the economic growth potential of Argentina based on its foreign trade elasticities

Guido Zack and Daniel Sotelsek ()

Revista de Economía Política de Buenos Aires, 2016, issue 15, 37-63

Abstract: The economic growth of many developing countries depends not only on the evolution of the factors of production, but also on the foreign currency financing. Thus, foreign trade elasticities are a key variable. In this article, an estimate of the Argentine foreign trade elasticities for the period 1996-2013 is made both, in aggregated terms as well as disaggregated by main trade partners. Results show that the country faces an obstacle to achieving a growth rate similar to that of its main trade partners; however, this challenge cannot be overcome only by exchange rate policies.

Keywords: growth; foreign trade; elasticity; trade partner; Argentina. (search for similar items in EconPapers)
JEL-codes: D31 J60 O15 (search for similar items in EconPapers)
Date: 2016
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Persistent link: https://EconPapers.repec.org/RePEc:ake:repba1:y:2016:i:15:p:37-63

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