Structural change in Argentina, 1935–60: The role of import substitution and factor endowments
This paper investigates structural change in Argentina between 1935 and 1960, a period of rapid industrialization and of relative decline of the agricultural sector. This has been the subject of a long-running debate that has exercised Argentine economists throughout the twentieth century, and remai...
| Main Authors: | , |
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| Format: | Artículo preliminar |
| Language: | Inglés |
| Published: |
International Food Policy Research Institute
2012
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| Subjects: | |
| Online Access: | https://hdl.handle.net/10568/154013 |
| _version_ | 1855521377624260608 |
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| author | Debowicz, Darío Segal, Paul |
| author_browse | Debowicz, Darío Segal, Paul |
| author_facet | Debowicz, Darío Segal, Paul |
| author_sort | Debowicz, Darío |
| collection | Repository of Agricultural Research Outputs (CGSpace) |
| description | This paper investigates structural change in Argentina between 1935 and 1960, a period of rapid industrialization and of relative decline of the agricultural sector. This has been the subject of a long-running debate that has exercised Argentine economists throughout the twentieth century, and remains politically salient today. It has been argued that this this relative decline of agriculture was due to the policies of import-substituting industrialization (ISI). This was also the period, however, that directly followed the closing of the land frontier, resulting in a declining land-labor ratio as the population continued to grow. We use a stylized, dynamic three-sector computable general equilibrium (CGE) model of the period to analyze the respective effects of ISI policies and the observed changes in factor endowments on the structure of the economy. We find that the declining land-labor ratio was more important than ISI in explaining relative stagnation in agriculture. ISI gave a substantial boost to manufacturing but primarily at the expense of nontraded services, rather than of agriculture. |
| format | Artículo preliminar |
| id | CGSpace154013 |
| institution | CGIAR Consortium |
| language | Inglés |
| publishDate | 2012 |
| publishDateRange | 2012 |
| publishDateSort | 2012 |
| publisher | International Food Policy Research Institute |
| publisherStr | International Food Policy Research Institute |
| record_format | dspace |
| spelling | CGSpace1540132025-11-06T05:50:22Z Structural change in Argentina, 1935–60: The role of import substitution and factor endowments Debowicz, Darío Segal, Paul structural adjustment computable general equilibrium models industrialization agricultural sector import substitution This paper investigates structural change in Argentina between 1935 and 1960, a period of rapid industrialization and of relative decline of the agricultural sector. This has been the subject of a long-running debate that has exercised Argentine economists throughout the twentieth century, and remains politically salient today. It has been argued that this this relative decline of agriculture was due to the policies of import-substituting industrialization (ISI). This was also the period, however, that directly followed the closing of the land frontier, resulting in a declining land-labor ratio as the population continued to grow. We use a stylized, dynamic three-sector computable general equilibrium (CGE) model of the period to analyze the respective effects of ISI policies and the observed changes in factor endowments on the structure of the economy. We find that the declining land-labor ratio was more important than ISI in explaining relative stagnation in agriculture. ISI gave a substantial boost to manufacturing but primarily at the expense of nontraded services, rather than of agriculture. 2012 2024-10-01T13:58:57Z 2024-10-01T13:58:57Z Working Paper https://hdl.handle.net/10568/154013 en Open Access application/pdf International Food Policy Research Institute Debowicz, Dario; Segal, Paul. 2012. Structural change in Argentina, 1935–60: The role of import substitution and factor endowments. IFPRI Discussion Paper 1212. Washington, DC: International Food Policy Research Institute (IFPRI). https://hdl.handle.net/10568/154013 |
| spellingShingle | structural adjustment computable general equilibrium models industrialization agricultural sector import substitution Debowicz, Darío Segal, Paul Structural change in Argentina, 1935–60: The role of import substitution and factor endowments |
| title | Structural change in Argentina, 1935–60: The role of import substitution and factor endowments |
| title_full | Structural change in Argentina, 1935–60: The role of import substitution and factor endowments |
| title_fullStr | Structural change in Argentina, 1935–60: The role of import substitution and factor endowments |
| title_full_unstemmed | Structural change in Argentina, 1935–60: The role of import substitution and factor endowments |
| title_short | Structural change in Argentina, 1935–60: The role of import substitution and factor endowments |
| title_sort | structural change in argentina 1935 60 the role of import substitution and factor endowments |
| topic | structural adjustment computable general equilibrium models industrialization agricultural sector import substitution |
| url | https://hdl.handle.net/10568/154013 |
| work_keys_str_mv | AT debowiczdario structuralchangeinargentina193560theroleofimportsubstitutionandfactorendowments AT segalpaul structuralchangeinargentina193560theroleofimportsubstitutionandfactorendowments |