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How Argentina became a super-exporter of agricultural and food products during the First Globalisation (1880–1929)
Cliometrica ( IF 1.583 ) Pub Date : 2018-09-27 , DOI: 10.1007/s11698-018-0178-0
Vicente Pinilla , Agustina Rayes

The objective of this paper is to explain, from a cliometric perspective, the determinants of the growth of Argentina’s exports between 1880 and 1929. To do this, we have constructed a gravity model with the principal products exported each year by Argentina to its most important trading partners. In this way, we believe that this study constitutes a relevant and original contribution to the analysis of economic growth from a historical perspective and specifically in explaining the factors determining the export success of the settler countries during the first wave of globalisation. Our results show that Argentina’s export-led growth must be explained from both the supply and demand sides. We also find that the reduction in trade costs and trade liberalisation, especially the latter, boosted exports. We also support the idea that Argentina had a successful agro-export sector because it offered a diverse basket of products to the different European and American countries that consumed them. To sum up, we can conclude that Argentina took advantage of a multilateral and open economic system. Within this context, the country generally found a demand for its supply, which constitutes the key to explaining the magnitude and speed of Argentina’s export growth.

中文翻译:

在第一次全球化(1880年至1929年)期间,阿根廷如何成为农产品和食品的超级出口国

本文的目的是从气候角度解释1880年至1929年间阿根廷出口增长的决定因素。为此,我们构建了一个引力模型,其中包含了阿根廷每年向其最重要出口的主要产品贸易伙伴。这样,我们相信,这项研究从历史的角度,特别是在解释决定第一批全球化浪潮中定居国家出口成功的因素时,对经济增长分析做出了重要贡献。我们的结果表明,阿根廷的出口带动增长必须从供求双方来解释。我们还发现,降低贸易成本和贸易自由化,尤其是后者,可以促进出口。我们也支持阿根廷有一个成功的农产品出口部门的想法,因为它向消费它们的不同的欧美国家提供了各种各样的产品。综上所述,我们可以得出结论,阿根廷利用了多边开放的经济体系。在此背景下,该国总体上发现了对其供应的需求,这是解释阿根廷出口增长的幅度和速度的关键。
更新日期:2018-09-27
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