JOURNAL ARTICLE

RECONSTRUCTING OFFICIAL STATISTICS: A NEW ESTIMATE OF THE ARGENTINE COST OF LIVING INDEX, 1912-1943.

  • Published In: Revista de Historia Económica / Journal of Iberian & Latin American Economic History, 2023, v. 41, n. 1. P. 39 1 of 3

  • Database: Business Source Ultimate 2 of 3

  • Authored By: Lanata-Briones, Cecilia T. 3 of 3

Abstract

This paper produces a new estimate of the Argentine cost of living index (COLI) for the period 1912-1943 that amends the oversights of the official series. The lack of an appropriate splice when the shares of the index's components are changed explains the divergence between the official and the Reconstructed COLIs. The 17.3 percentage-point gap for the period 1912-1943 between the official series used by the historiography and the Reconstructed COLI accounts for the oversights of the official estimate. This divergence is also evidenced when generating real wages. Hence, when Juan Domingo Perón arrived at the National Labour Department in 1943, all else being equal, workers of the City of Buenos Aires were worse off economically than the historiography assumes. [ABSTRACT FROM AUTHOR]

Additional Information

  • Source:Revista de Historia Económica / Journal of Iberian & Latin American Economic History. 2023/03, Vol. 41, Issue 1, p39
  • Document Type:Article
  • Subject Area:History
  • Publication Date:2023
  • ISSN:0212-6109
  • DOI:10.1017/S0212610922000118
  • Accession Number:162327745
  • Copyright Statement:Copyright of Revista de Historia Económica / Journal of Iberian & Latin American Economic History is the property of Cambridge University Press and its content may not be copied or emailed to multiple sites without the copyright holder's express written permission. Additionally, content may not be used with any artificial intelligence tools or machine learning technologies. However, users may print, download, or email articles for individual use. This abstract may be abridged. No warranty is given about the accuracy of the copy. Users should refer to the original published version of the material for the full abstract. (Copyright applies to all Abstracts.)

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