The Arklems+Land Database. Measuring Productivity in Unstable and Natural Resources Dependent Economies: Argentina

ARIEL COREMBERG

Conferencia; The Second World KLEMS Conference; 2012

Universidad de Harvard

Abstract  This paper measures the Source of Growth of Argentina through KLEMS methodology, taking advantage from a of ARKLEMS+LAND database series 3.0 preliminary version updated up to 2010. This database are based on the methodology presented in Coremberg (2009) (2001), including not only ICT and NonICT capital, Labor and Human Capital and Intermediate Inputs but also Natural Resource as Land and Subsoil Assets services contributions to GDP growth.  The paper presents mainly the contents and methodology of ARKLEMS +LAND series and some analytical results on the causes of TFP slowdown during different macroeconomic regimes of last two decades based on the disaggregation of short run from long run productivity effect.  Main findings showed that the Argentine economy could not take advantage in the long run from positive spillovers and complementarities from special inputs and dynamic sectors in every macroeconomic regime during the last two decades.  According to these diagnose, the paper presents a discussion about what kind of growth strategies could Argentina follow and the different scenarios that the country could  attain  after global financial collapse in order to achieve sustainable growth