Exceptional Argentina Di Tella, Glaeser and Llach - Thomas Piketty

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Tirole, Jean. 1986. “Hierarchies and Bureaucracies: On the Role of Collusion in Organizations.” Journal of Law Economics and Organization. Torre, Juan Carlos. 1989. “Interpretando (una vez más) los orígenes del Perónismo.” Desarrollo Económico, 28 (112): 525-48. Torre, Juan Carlos. 2002. “Introducción a los años Peronistas.” in Nueva Historia Argentina, ed. J. C. Torre. Argentina: Editorial Sudamericana. Torre, Juan Carlos. 1990. Perón y la vieja guardia sindical. Buenos Aires: Sudamericana. Torres, Jose Luis. 1973. La Década infame. Buenos Aires: Freeland. Trebon, L. 2008. “Are Engel Curve estimates of CPI bias biased?” NBER Working Paper 13870, NBER, Cambridge, MA. United States Census. Various years. Washington DC. Urquhart, Malcolm Charles. 1993. Gross national product, Canada, 1870-1926 : The Derivation of the Estimates. Buffalo: McGill-Queen’s University Press. Vázquez Presedo. 1971. El caso argentino: migración de factores, comercio exterior y desarrollo 1875-1914. EUDEBA. Vázquez Presedo, V. 1971. Estadísticas Históricas Argentinas. Ediciones Macchi, Buenos Aires, Argentina. Veigel, K. F. 2009. Dictatorship, Democracy, and Globalization. Argentina and the Cost of Paralysis, 1973-2001. Pennsylvania State University Press. Vera, Robustiano. 1899. Estudios sobre Policia. Santiago: Imprenta Mejia. Vicuna Mackenna, Benjamin. 1875. La Policia de Seguridad en las grandes ciudades modernas (Londres - Paris - Nueva York - Santiago). I la estadistica criminal de Santiago durante los años de 1873 i 1874. Imprenta La Republica. Villanueva, J. 1972. “El origen de la industrialización Argentina.” Desarrollo Económico, 12: 451-476. Wagner, Rodrigo. 2008. “Good Cops: Institutional roots of police honesty in Chile.” Mimeo presented in the XIII Latin American Economics Association, Rio de Janeiro. Waisman, Carlos. 1989. Reversal of Development in Argentina: Postwar Counterrevolutionary Politics and their Structural Consequences. Princeton: Princeton University Press. Williamson, Jeffrey G. 2009. “History without Evidence: Latin American Inequality since 1491.” NBER Working Paper No. 14766, NBER, Cambridge, MA.
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Page 1 and 2:
Exceptional Argentina Di Tella, Gla
Page 3 and 4:
A third explanation of Argentina’
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Maddison's "Western Offshoots" by l
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A final point on this mechanistic a
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GDP in 1900 at 12,100 (in constant
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nationalized railways and banks, to
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country interacted with initial con
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1900. As there is an extremely stro
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Between the 1940s and 1970s income
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particularly in terms of food consu
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Even before the 2001 crisis, Argent
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Scandinavia and Northern Europe the
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Figure 4. A modified Human Developm
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Figure 6. Per capita GDP across Arg
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production 15 . Moreover, beyond st
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Figure 10. Average weight of export
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etween the prewar export-led growth
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which was wholly bound to local dem
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protectionism", certainly stronger
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agricultural pastures and cropland
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far. Argentina's differential popul
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Appendix Figure A. 1. Argentina's r
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Peru 35 38 25 34 34 34 32 29 26 27
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Like the Llach paper, the Campante
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I. Introduction Both Buenos Aires a
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across the ocean. Over the course o
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Buenos Aires’ hinterland rose dra
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significantly greater education lev
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Why is there such a difference in l
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illion dollars today). Each Chicago
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Chicago also appears to have been a
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casualties. Roca secured the presid
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capital to St. Petersburg he was pr
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and the logarithm of per capita GDP
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Moreover, years of schooling today
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y its overwhelming political import
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200 Figure 2a: Annual Wage Data 187
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Figure 3: Real Monthly Wages in Chi
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Log GDP per capita 2000 5 6 7 8 9 1
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Figure 7 Log GDP per capita 2000 7
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Table 2: Top 5 Industries in Chicag
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Table 4: 19th Century Variables and
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A simple calculation suggests that
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toy model with a minimum of paramet
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were lifted, but import taxes remai
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to compute that the MPK term above
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versus foreigners, on most occasion
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X institutions policies income p
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series variation. The coincidence o
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Figure 1—The Great Divergence and
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Figure 3—Trade taxes
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Transition Remarks The previous ess
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CHAPTER FOUR Argentine Trade Polici
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Argentine comparative advantage lie
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thousands of product lines in Argen
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Japan). Third, the agricultural pro
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different preferences over trade pr
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two nomenclatures had to be manuall
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esult, soybeans were finally adopte
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Figure 1 Trade Openness Exports + I
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Figure 5 Relative Sectoral Protecti
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Figure 7 Average Export Taxes 0 10
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Figure 9 Average Export Taxes at 2-
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Figure 11 Evolution of Argentine Ag
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Figure 13 Yields in Agriculture: Wh
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Table 2 Livestock per Capita 1895 C
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Table 5 Mean Share of Exports (Impo
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Table 7 Tariff Statistics for perio
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Table 9 Evolution of Industrial Pro
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CHAPTER FIVE Path-Dependent Import-
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actors, and they were demanding pro
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the primary sector, using land and
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Figure 1: The Long Run: Four Region
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Finally, in the reversal of pattern
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Figure 3: Medium Run Preferences ov
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sector to give rise to a protection
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technological improvements or incre
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Argentina did relatively well when
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World War, a second globalization e
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Argentine primary sector and ensure
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Clearly, world market conditions we
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for the years to come. The most imp
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governments zigzagged in their poli
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public spending on infrastructure s
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understand the rise of the urban-ru
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To sum up, by the beginning of the
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has a comparative advantage in the
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L λ = m L K κ = m K That is, λ i
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K c a = 1− α 1−α T A ( κ )
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Given a set of parameters ϒ , φ a
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consumption of good i. For any agen
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Proposition 3 In the short run, pro
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ρ 1/ 1 ρ ρ 1 ( ξ ξ ) 1 TT K ,
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Up to 2008, the FPV government had
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negative correlation between the pr
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policies would, supposedly, eviscer
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I. Introduction In a seminal study,
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terms, Peronist beliefs in the 1990
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Several authors have emphasized the
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foreign capital and trade as the gl
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of already available information. A
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having the need to do more than wak
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Argentines (who implement these pol
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opinion about elements of capitalis
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intense (the proportion is under 1.
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involved in social ordering that wi
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cost of the deviating firm, since w
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Admissible Region Bounds on w b Nex
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The previous proposition may be par
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and note that Peron insists on the
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Appendix 2: Definitions of Variable
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Table II: The Beliefs of Peronists
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Transition Remarks The previous cha
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CHAPTER SEVEN A Short Episodic Hist
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the income distribution between 193
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empirical evidence and on existing
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of commodities. The country was off
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accounts increased by 8% between 19
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Argentina in 1942 (4.1%) is not ver
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This change in inequality is also r
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1982, when Mexico’s default on it
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1995. While growth bounced back qui
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The main characteristics of this ep
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skilled workers that more than offs
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Household Expenditure Survey. An in
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The relationship between internatio
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machinery and equipment can acceler
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occurred not only in production tec
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a relative abundance of rents to sh
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even when the number of well-off in
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and similar patterns emerge when co
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This chapter described the level an
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Transition Remarks Economic success
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CHAPTER EIGHT Why do Argentines tru
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in the 1970s and 1980s. Despite the
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Figure 5. Percentage of the populat
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analysis of the Argentinean and Chi
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observationally equivalent individu
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the low rank policeman. 13 4. The C
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Figure 7. Share of people having a
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6. Why did the Argentinean Police d
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instability, σ, a worried leader h
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the deeper question of why the Arge
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Table 2. Comparative facts for cano
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of formal education, whereas in the
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only bargaining tool to get money.
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Table 6. Tierra del Fuego Subinspec
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4. Police deaths during the 20th ce
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Of course, these conclusions depend
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“stop go” dynamics 4 ). In fact
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income distribution and earnings gr
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Figure 2. Basic Statistics Food Clo
Page 305 and 306: Table 2 Dep. Var.: Share of food Sm
Page 307 and 308: Figure 3. Variety in food retailing
Page 309 and 310: Table 3 Dep. Var.: Share of food at
Page 311 and 312: 3.3 Income distribution effects The
Page 313 and 314: Figure 6. Individual Effects Using
Page 315 and 316: Expenditure Income 5000 6000 4000 4
Page 317 and 318: Figure 10. Income distribution Dens
Page 319 and 320: Appendix A: Estimation strategy Est
Page 321 and 322: w ijt where [ ln( 1+ ∏ ) − ln(
Page 323 and 324: 2.2 Income distribution effects Fol
Page 325 and 326: Appendix B: The data To run our est
Page 327 and 328: Appendix C: Additional tables C1: B
Page 329 and 330: C3: Table 3 coefficients Dummy for
Page 331 and 332: CONCLUSION 20 th century Argentina
Page 333 and 334: can be harbingers of worse things t
Page 335 and 336: Ahumada, Hildegart, Alfredo Canaves
Page 337 and 338: Barro, Robert J. 2005. “Rare Even
Page 339 and 340: Burzaco, Eugenio et al. 2004. “Ma
Page 341 and 342: Cortés Conde, Roberto and María M
Page 343 and 344: Di Tella, Rafael, Juan Dubra and Ro
Page 345 and 346: Gaggero, Horacio and Alicia Garro.
Page 347 and 348: Gerchunoff, Pablo, Fernando Rocchi
Page 349 and 350: James, Daniel. 1988. “October 17
Page 351 and 352: Maddison, Angus. 2006. The World Ec
Page 353 and 354: Piketty, T. 2003. “Income Inequal
Page 355: Spiller, Pablo and Mariano Tommasi.
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