Financial loan system of Argentina: a sectorial and territorial analysis

Authors

DOI:

https://doi.org/10.35622/j.rg.2024.03.004

Keywords:

concentration, development, finance, sectorial, territorial

Abstract

The aim of this article is to describe and analyze the evolution and structure of financial loans in Argentina, both sectorally and territorially, during the period 2009-2023. A descriptive-explanatory analysis of financial loan data was conducted, evaluating the general trend, sectoral and territorial concentration, and the correlation with key economic variables. For this purpose, data from the Central Bank of the Argentine Republic (BCRA) and variables such as gross value added, direct employment generated, and the number of companies were used. The results showed that the average financial loans in Argentina during 2009-2023 amounted to 43,016,947 thousand dollars. The general trend indicates growth until 2012, followed by fluctuations, reaching a peak in 2018, followed by a decline until 2021 and stability in the last two years. The linear trend is negative, indicating a contraction in available credit, with greater territorial than sectoral concentration of loans. At the territorial level, the Federal Capital jurisdictions receive the largest amount, followed by Buenos Aires, Santa Fe, and Córdoba. Loans are mainly concentrated in three sectors: services to individuals, manufacturing industry, and agriculture, livestock, hunting, and forestry. Loans show a positive correlation with GVA (R: 0.79), employment (R: 0.82), and the number of companies (R: 0.81). It is concluded that the unequal distribution of credit contributes to regional disparities and limits the positive impact of financing on economic growth and job creation.

Author Biography

  • Santiago Perez, Universidad Nacional de La Pampa

    Licenciado en Administración de Negocios Agropecuarios por la Universidad Nacional de La Pampa y Doctor en Ciencias de la Administración por la Universidad Nacional del Sur. Actualmente se desempeña como docente e investigador en la Facultad de Agronomía de la Universidad Nacional de La Pampa, donde ha contribuido al desarrollo de investigaciones en el área de la administración agropecuaria. Además, es becario posdoctoral interno del Consejo Nacional de Investigaciones Científicas y Técnicas (CONICET).

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Published

2024-09-18

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Artículos originales

How to Cite

Perez, S. (2024). Financial loan system of Argentina: a sectorial and territorial analysis. Gestionar: Revista De Empresa Y Gobierno, 4(3), 54-67. https://doi.org/10.35622/j.rg.2024.03.004

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