Therefore,
either through the general economic indicators or
those related to consumption and use of production
supplies, economic dynamism proved to be more active
than the average economies of other provinces in the
country, based mainly on the impact of the export
sector, confirming the “preliminary" data
of aggregate accounts of Mendoza and Argentina:
General
Indicator of Economic Activity: The
pulse indicator of economic activity is represented
by the tax collection amounts registered by the provinces.
As the chart shows, tax collection
in Mendoza in 2003 grew faster than the average registration
of the other provinces, indicating that assessed share
payments in Mendoza increased at a higher level in
relation to those of the rest of the provinces, assuming
rate continuance and evasion.
Consumption
Indicators: These indicators also show more
relative dynamism as regards Mendoza’s economic
activity in 2003, since Supermarket Sales and Retailer
Sales grew at a rate higher than the average obtained
by combining the rest of the country.

Indicators
of Use of Production Supplies
The Job Market: Employment
recovery in Mendoza during 2003 grew to reach one
of the highest rates of the main urban centres of
the country. Greater Rosario is the only market in
which employment grew at a faster pace than in Greater
Mendoza.

Electric
Power and Gas Demand:
These indicators are indirectly used to determine
the evolution of industrial activity in the economy
as they are closely related. Both the electric power
or gas indicators clearly show higher dynamism of
Mendoza’s economy than the average obtained
by combining the other Argentine provincial economies.


According to the different indicators
analyzed in the previous section, the economic revitalization
produced in Mendoza in 2003 turned out to be significantly
higher than the national one which brought about a
change in the growth trend of the 90s. Several factors
may have caused a greater dynamism in the local economy,
but in our opinion, only two are the most relevant
ones: the dramatic change in the economic context
and the different productive structure Mendoza owns
compared to the rest of the country.
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