EconPapers    
Economics at your fingertips  
 

Microeconomic behavior in high uncertainty environments: the case of Argentina

Bernardo Kosacoff () and Adrián Ramos ()

Documentos de Proyectos from Naciones Unidas Comisión Económica para América Latina y el Caribe (CEPAL)

Abstract: Over the last three decades Argentina's real output underwent violent and with frequent fluctuations. Moreover, the trend growth rates also varied with large amplitudes. The economic oscillations interacted with sometimes drastic changes in economic policies. Agents adapted to that environment with heterogeneous and variable results. This document tries to identify the interrelations between that macro performance and private behaviors, and their effects on the industrial structure. Fundamental dimensions of those behaviors include investment criteria, the time horizon over which corporate decisions are made, attitudes towards innovation and technological learning. The Argentine case highlights the consistency requirements between micro and macro policies and the connections between macroeconomic sustainability and medium-term economic performance.

Date: 2006-08
Note: Includes bibliography
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (2)

Downloads: (external link)
http://repositorio.cepal.org/handle/11362/3538

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:ecr:col022:3538

Access Statistics for this paper

More papers in Documentos de Proyectos from Naciones Unidas Comisión Económica para América Latina y el Caribe (CEPAL) Contact information at EDIRC.
Bibliographic data for series maintained by Biblioteca CEPAL ().

 
Page updated 2025-03-19
Handle: RePEc:ecr:col022:3538