External integration, structural transformation and internal development: evidence from Argentina

Available from: 
October 2013
Paper author(s): 
Pablo Fajgelbaum (UCLA)
Stephen J. Redding (Princeton)
Topic: 
Macroeconomics - Economic growth - Monetary Policy
Year: 
2013


From 1870-1914, Argentina experienced a period of rapid economic development that saw it become the eighth richest nation in the world. We use disaggregated census and trade data to provide evidence on the played by international integration in this process of rapid economic development. We develop a quantitative general equilibrium model that can be used to assess the contributions of international trade, intra-national market integration, international migration and productivity growth towards observed patterns of structural transformation and urbanization.  

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Research section: 
Lacea 2013 annual meeting
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