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Tipo de Cambio Real entre Córdoba y Buenos Aires

Author

Listed:
  • Federico Fawaz

    (UCEMA (Argentina))

Abstract

El objetivo de este trabajo es estudiar las diferencias en la estructura de precios entre Córdoba y Buenos Aires. En términos generales, el costo de vida más alto en Buenos Aires que en el interior del país. Debido a la alta integración de los mercados regionales nacionales, los bienes transables no presentan grandes discrepancias de precios, las cuales sí se observan en los bienes no transables. Los términos de intercambio y las diferencias de productividad entre regiones, a través de su impacto en los salarios relativos, se destacan como el principal determinante del Tipo de Cambio Real. Aunque en menor medida, las asimetrías en las políticas públicas y las diferencias en las densidades de población, también tienen un impacto sobre la estructura regional de precios. / The objective of this work is to study the differences in the price structure between Córdoba and Buenos Aires. In general terms, the higher cost of living in Buenos Aires than in the interior of the country. Due to the high integration of national regional markets, tradable goods do not present major price discrepancies, which are observed in nontradables. The terms of trade and productivity differences between regions, through their impact on relative wages, stand out as the main determinant of the Real Exchange Rate. To a lesser extent, asymmetries in public policies and differences in population densities also have an impact on the regional price structure.

Suggested Citation

  • Federico Fawaz, 2017. "Tipo de Cambio Real entre Córdoba y Buenos Aires," Revista Actualidad Económica, Universidad Nacional de Córdoba, Facultad de Ciencias Económicas, Instituto de Economía y Finanzas, vol. 27(92), pages 13-25, May-Ago.
  • Handle: RePEc:ief:revaec:v:27:y:2017:i:92:p:13-25
    as

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    File URL: https://revistas.unc.edu.ar/index.php/acteconomica/article/view/18014/17908
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    References listed on IDEAS

    as
    1. Kenneth Rogoff, 1996. "The Purchasing Power Parity Puzzle," Journal of Economic Literature, American Economic Association, vol. 34(2), pages 647-668, June.
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    3. Rudiger Dornbusch, 1985. "Purchasing Power Parity," NBER Working Papers 1591, National Bureau of Economic Research, Inc.
    4. Carlos A. Rodríguez & Larry A. Sjaastad, 1979. "El Atraso Cambiario en Argentina: Mito o Realidad?," CEMA Working Papers: Serie Documentos de Trabajo. 2, Universidad del CEMA.
    Full references (including those not matched with items on IDEAS)

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    More about this item

    Keywords

    Tipo de cambio real; mercados regionales; Córdoba; Buenos Aires;
    All these keywords.

    JEL classification:

    • R10 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - General Regional Economics - - - General

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