Stylized facts of the gross national product of Argentina: 1875 – 1999

ABRIL, JUAN CARLOS; BLANCO, MARÍA BEATRIZ

Tucumán, Argentina

Congreso; XXXVII Reunión Anual de la Asociación Argentina de Economía Política; 2002

Asociación Argentina de Economía Política

The stylized facts of macroeconomic time series can be presented by fitting structural time series models. Within this framework, we study the behaviour of the gross national product of Argentina in the long run and provide a method for modelling this behaviour, which in turn is equivalent to establishing the stylized facts associated with these time series. We analyse the annual data of the gross national product and the gross national product per capita of Argentina from 1875 to 1999. The study of these variables allows, among other things, to know the changes that have been taking place in the economy. The evolution of these variables in time tells us, roughly, if there was progress or not.