Abstract

WAHREN, Pablo. Dollarization of agricultural costs in Argentina. Prob. Des [online]. 2020, vol.51, n.203, pp.55-84.  Epub Jan 11, 2021. ISSN 0301-7036.  https://doi.org/10.22201/iiec.20078951e.2020.203.69560.

This article analyzes the determinants of agricultural costs in Argentina, giving special attention to their degree of dollarization. To estimate the dollarization of agricultural costs, an agricultural cost base by region was calculated for the country's three primary crops, to which panel econometrics were then applied. The present article argues that incorporating this dimension of analysis is vital when designing compensated devaluation schemes, given that a high degree of dollarization reduces such schemes' effectiveness as a mechanism for decoupling prices without distributive effects. This research contributes empirical evidence drawn from the technological and organizational transformations in the agricultural sector with which to rethink the traditional recommendations of the economic policies of Argentina's productive structure.

Keywords : agricultural costs; dollarization; agricultural crops; agricultural policy; econometric analysis.

        · abstract in Spanish     · text in English | Spanish     · English ( pdf ) | Spanish ( pdf )