Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/297809 
Year of Publication: 
2024
Series/Report no.: 
Economic Research Working Papers No. 114
Publisher: 
Banco Central de la República Argentina (BCRA), Investigaciones Económicas (ie), Buenos Aires
Abstract: 
Based on long series of per capita GDPs, we characterize the economic divergence of Argentina in the 20th century relative to a group of countries with comparable initial income per capita. We find the divergence to be considerably longer than usually conjectured, with two marked tranches in the first half of the century and in the post war period, the latter being associated with GDP underperformance despite the relative decline in population. We identify specific dates for the inflection points, discuss the context in each case, and propose a potential explanation of the divergence together with a description of the highly volatile plateau displayed since the 1990s.
Document Type: 
Working Paper

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