“La soja es peronista”: evidence from commodity shocks and electoral outcomes in Argentina

Fil: Garay Adriel, Germán. Universidad de San Andrés. Departamento de Economía; Argentina.

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Autor principal: Garay Adriel, Germán
Otros Autores: Ertola Navajas, Gabriela
Formato: Tesis Tesis de maestría updatedVersion
Lenguaje:Inglés
Publicado: Universidad de San Andrés. Departamento de Economía 2025
Acceso en línea:https://repositorio.udesa.edu.ar/handle/10908/25653
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spelling I37-R143-10908-256532025-09-06T03:00:16Z “La soja es peronista”: evidence from commodity shocks and electoral outcomes in Argentina Garay Adriel, Germán Ertola Navajas, Gabriela Fil: Garay Adriel, Germán. Universidad de San Andrés. Departamento de Economía; Argentina. This thesis investigates how exogenous shocks in international soybean prices affect electoral support for Peronist presidential candidates across Argentine municipalities. Drawing on a combination of historical analysis and quantitative methods, the study proposes that the political effects of commodity booms are shaped not only by material redistribution, but also by culturally persistent narratives rooted in Argentina’s foundational political cleavage between the urban-industrial Peronist coalition and the landowning agro-export elite. Using a difference-in-differences design, the analysis compares electoral outcomes in soybean-producing versus non-producing regions during periods of international price shocks between 2003 and 2023. The results show that, following positive price shocks, support for the Peronist party declines in agricultural regions while increasing in urban areas, even after controlling export taxes and macroeconomic distortions. This pattern suggests that some voters interpret commodity booms through historically embedded lenses: as threats to income in rural areas and as opportunities for symbolic justice in urban centers. Quantitatively, the symbolic mechanism is estimated to account for about half of the total regional divergence observed during boom years, highlighting the potential importance of cultural persistence in shaping electoral behavior. The findings are robust to alternative specifications using agroecological suitability indices and placebo tests and contribute to the empirical study of persistent cultural mechanisms rooted in Argentina’s political history. 2025-09-05T16:09:27Z 2025-09-05T16:09:27Z 2025-08 Tesis info:eu-repo/semantics/masterThesis info:ar-repo/semantics/tesis de maestría info:eu-repo/semantics/updatedVersion https://repositorio.udesa.edu.ar/handle/10908/25653 eng info:eu-repo/semantics/openAccess https://creativecommons.org/licenses/by-nc-nd/4.0/ application/pdf application/pdf Universidad de San Andrés. Departamento de Economía
institution Universidad de San Andrés
institution_str I-37
repository_str R-143
collection Repositorio Digital - Universidad de San Andrés (UdeSa)
language Inglés
description Fil: Garay Adriel, Germán. Universidad de San Andrés. Departamento de Economía; Argentina.
author2 Ertola Navajas, Gabriela
author_facet Ertola Navajas, Gabriela
Garay Adriel, Germán
format Tesis
Tesis de maestría
Tesis de maestría
updatedVersion
author Garay Adriel, Germán
spellingShingle Garay Adriel, Germán
“La soja es peronista”: evidence from commodity shocks and electoral outcomes in Argentina
author_sort Garay Adriel, Germán
title “La soja es peronista”: evidence from commodity shocks and electoral outcomes in Argentina
title_short “La soja es peronista”: evidence from commodity shocks and electoral outcomes in Argentina
title_full “La soja es peronista”: evidence from commodity shocks and electoral outcomes in Argentina
title_fullStr “La soja es peronista”: evidence from commodity shocks and electoral outcomes in Argentina
title_full_unstemmed “La soja es peronista”: evidence from commodity shocks and electoral outcomes in Argentina
title_sort “la soja es peronista”: evidence from commodity shocks and electoral outcomes in argentina
publisher Universidad de San Andrés. Departamento de Economía
publishDate 2025
url https://repositorio.udesa.edu.ar/handle/10908/25653
work_keys_str_mv AT garayadrielgerman lasojaesperonistaevidencefromcommodityshocksandelectoraloutcomesinargentina
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