Argentina's recovery and excess capital shallowing of the 1990s

Finn Kydland and Carlos Zarazaga

Estudios de Economia, 2002, vol. 29, issue 1 Year 2002, 35-45

Abstract: The paper examines Argentina’s economic expansion in the 1990s through the lens of a very 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.

Keywords: Argentina; depression; growth model. (search for similar items in EconPapers)
JEL-codes: E32 (search for similar items in EconPapers)
Date: 2002
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Citations: View citations in EconPapers (4)

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Related works:
Working Paper: Argentina's recovery and "excess" capital shallowing of the 1990s (2002)
Working Paper: Argentina's recovery and \"excess\" capital shallowing of the 1990s (2002)
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Persistent link: https://EconPapers.repec.org/RePEc:udc:esteco:v:29:y:2002:i:1:p:35-45

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