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¿Hay restricción externa del crecimiento en Colombia de 1925 a 2000?

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  • Raquel Velasco

Abstract

Con base en el modelo de crecimiento económico restringido por la balanza de pagos se busca comprobar la validez empírica de la regla simple en Colombia en el períod0o 1925-2000. Dado que no se encuentra una relación estable de largo plazo, o vector de cointegración, entre el PIB y las exportaciones para este período, se analizan las hipótesis simplificadoras de la regla simple y se muestran las posibles prolongaciones del modelo. Por último se abren nuevas hipótesis de investigación, a partir de la existencia de una ruptura estructural en la economía colombiana a mediados de la década del setenta, como lo plantean otros estudios que en una perspectiva de largo plazo analizan el avance de la industrialización y la evolución de la productividad.

Suggested Citation

  • Raquel Velasco, 2006. "¿Hay restricción externa del crecimiento en Colombia de 1925 a 2000?," Revista Cuadernos de Economia, Universidad Nacional de Colombia, FCE, CID, June.
    • Handle: RePEc:col:000093:004440
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    References listed on IDEAS

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    5. Abdelhak Senhadji, 1998. "Time-Series Estimation of Structural Import Demand Equations: A Cross-Country Analysis," IMF Staff Papers, Palgrave Macmillan, vol. 45(2), pages 236-268, June.
    6. Jonathan Perraton, 2003. "Balance of Payments Constrained Growth and Developing Countries: An examination of Thirlwall's hypothesis," International Review of Applied Economics, Taylor & Francis Journals, vol. 17(1), pages 1-22.
    7. J.S.L. McCombie & Mark Roberts, 2002. "The Role of the Balance of Payments in Economic Growth," Chapters, in: Mark Setterfield (ed.), The Economics of Demand-Led Growth, chapter 6, Edward Elgar Publishing.
    Full references (including those not matched with items on IDEAS)

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    More about this item

    Keywords

    modelos keynesianos; ley de Thirlwall; comercio exterior.;
    All these keywords.

    JEL classification:

    • C32 - Mathematical and Quantitative Methods - - Multiple or Simultaneous Equation Models; Multiple Variables - - - Time-Series Models; Dynamic Quantile Regressions; Dynamic Treatment Effect Models; Diffusion Processes; State Space Models
    • E12 - Macroeconomics and Monetary Economics - - General Aggregative Models - - - Keynes; Keynesian; Post-Keynesian; Modern Monetary Theory
    • F43 - International Economics - - Macroeconomic Aspects of International Trade and Finance - - - Economic Growth of Open Economies
    • O11 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Macroeconomic Analyses of Economic Development

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