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This paper evaluates the domestic adjustment to recent positive external shocks in Argentina's natural resource sectors …. Although there is no single, exclusive determinant of Argentina’s fast economic growth in the period 2003-2007, the paper … Argentine economy, export taxes on natural resource products and Argentina’s competitive exchange rate policy have counteracted …
Persistent link: https://www.econbiz.de/10008602800
This paper evaluates the domestic adjustment to recent positive external shocks in Argentina's natural resource sectors …
Persistent link: https://www.econbiz.de/10008683858
Disease framework can provide a suitable explanation for this phenomenon in Argentina and Chile. Despite both countries … evidence to assert that Argentina suffered from the Dutch Disease, the evidence for Chile remains inconclusive. These divergent …
Persistent link: https://www.econbiz.de/10014537251
We study the optimal foreign exchange (FX) intervention policy in response to a positive terms of trade shock and associated Dutch disease episode in a small open economy model. We find that during a Dutch disease episode tradable production drops below the socially optimal level, resulting in...
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