Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/324108 
Year of Publication: 
2024
Citation: 
[Journal:] PSL Quarterly Review [ISSN:] 2037-3643 [Volume:] 77 [Issue:] 309 [Year:] 2024 [Pages:] 195-230
Publisher: 
Associazione Economia civile, Rome
Abstract: 
This article aims to examine the recent rise and fall of productivity in Argentina through a subsystems approach. Specifically, indicators based on hyper vertically integrated (HVI) sectors for Argentina are developed using OECD Input-Output Tables. The analysis spans the period 2004-2019, harmonizing activities across 36 sectors. The results confirm, on the one hand, that productivity growth in the 2004-2011 period was due to improved macroeconomic conditions. On the other hand, they show a declining trend in productivity from 2010 onwards, highlighting the significance of a concentrated pattern of technical change and evidence of disinvestment in direct and indirect labour, and, to a lesser extent, demand composition, attributable to the growing importance of services.
Subjects: 
Argentina
Productivity
Stagnation
Subsystems
JEL: 
B51
J21
O47
Persistent Identifier of the first edition: 
Creative Commons License: 
cc-by-nc-nd Logo
Document Type: 
Article

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