Argentina growth failure: an overview from ARKLEMS+LAND growth and productivity accounts

ARIEL COREMBERG

Productivity Dynamics in Emerging and Industrialized Countries

Routledge (Taylor&Francis) London & New York

Lugar: London; Año: 2018; p. 435 - 466

Argentina has unstable economy which challenge growth accounting. ARKLEMS+LAND Productivity and Growth Accounts, as Argentina counterpart of WorlKLEMS iniative expands KLEMS methodology to key characteristics of developing economies as GDP volatility, Natural Capital and, Informal Employment. This paper overview ARKLEMS methodology and analyses main stylized facts of the last two decades during very different macroeconomic regimes. Argentinean economy could not take advantage in the long run from supposed positive spillovers and complementarities from special inputs and dynamic sectors. MFP slowdown ratifies that Argentina didn´t take advantage from recent commodities prices boom and could not evade failure destiny since the last century.