The need for a pro-export orientation of policies in Argentina

Juan Hallak

Revista de Economía Política de Buenos Aires, 2023, issue 26, 77-150

Abstract: Despite its abundance of natural resources, the possibility of Argentina achieving sustained economic growth largely depends on being able to diversify its export structure towards more differentiated goods with higher value added. However, the last 15 years have shown no progress in this direction. The country´s real exports (net of prices) are stagnant and persistently concentrated in a small number of commodities, while the number of exporters is one third lower than at its peak in 2006. This paper describes in detail this meager performance and analyzes its causes, among which the country´s persistent macroeconomic instability and highly restrictive trade policy stand out. Nevertheless, another cause of export stagnation is the lack of a decisive pro-export policy orientation, which would allow taking advantage of opportunities for international insertion based on product differentiation that exist in agriculture, industry, and knowledge intensive services. This paper thoroughly develops the content of such orientation, describing the policies that compose it and the need to coordinate their implementation under sectoral strategies for international insertion.

Keywords: Argentine exports; export orientation; differentiated products; productive policy. (search for similar items in EconPapers)
JEL-codes: F10 F13 O10 O20 (search for similar items in EconPapers)
Date: 2023
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Persistent link: https://EconPapers.repec.org/RePEc:ake:repba1:y:2023:i:26:p:77-150

DOI: 10.56503/repba.Nro.27(17)

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