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Precios relativos y exportaciones manufactureras españolas: ¿explotan las empresas industriales una cadena de valor multinacional?

Author

Listed:
  • Ricardo Aláez Aller
  • Ana Fernández Sáinz
  • Begoña García Sáenz

Abstract

En el presente trabajo, referido a los intercambios comerciales españoles de productos industriales con la Unión Europea, se propone un modelo de datos de panel para contrastar la hipótesis de la existencia de diferencias (entre las ramas industriales) en la sensibilidad de las exportaciones a variaciones en el corto plazo del tipo de cambio efectivo real (TCER) de la peseta. La conclusión principal del artículo es que las exportaciones de las ramas controladas por capital nacional son más sensibles a los cambios en precios relativos, pero han perdido importancia relativa en las exportaciones industriales. Mientras que aquellas ramas controladas por capital extranjero, insensibles a las variaciones coyunturales del TCER, han visto aumentar de manera continua su cuota de participación en las exportaciones

Suggested Citation

  • Ricardo Aláez Aller & Ana Fernández Sáinz & Begoña García Sáenz, 2002. "Precios relativos y exportaciones manufactureras españolas: ¿explotan las empresas industriales una cadena de valor multinacional?," Estudios de Economia, University of Chile, Department of Economics, vol. 29(2 Year 20), pages 191-209, December.
    • Handle: RePEc:udc:esteco:v:29:y:2002:i:2:p:191-209
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    References listed on IDEAS

    as
    1. Lourdes Moreno, 1997. "The determinants of Spanish industrial exports to the European Union," Applied Economics, Taylor & Francis Journals, vol. 29(6), pages 723-732.
    2. Hausman, Jerry, 2015. "Specification tests in econometrics," Applied Econometrics, Russian Presidential Academy of National Economy and Public Administration (RANEPA), vol. 38(2), pages 112-134.
    3. Goldberg, Pinelopi Koujianou & Knetter, Michael M., 1999. "Measuring the intensity of competition in export markets," Journal of International Economics, Elsevier, vol. 47(1), pages 27-60, February.
    4. Ana Buisan & Esther Gordo, 1994. "Funciones de importación y exportación de la economía española," Investigaciones Economicas, Fundación SEPI, vol. 18(1), pages 165-192, January.
    5. Roberts, Mark J & Tybout, James R, 1997. "The Decision to Export in Colombia: An Empirical Model of Entry with Sunk Costs," American Economic Review, American Economic Association, vol. 87(4), pages 545-564, September.
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    More about this item

    Keywords

    Exportaciones industriales; tipo de cambio efectivo real; inversión directa extranjera; datos de panel.;
    All these keywords.

    JEL classification:

    • C23 - Mathematical and Quantitative Methods - - Single Equation Models; Single Variables - - - Models with Panel Data; Spatio-temporal Models
    • F14 - International Economics - - Trade - - - Empirical Studies of Trade
    • F23 - International Economics - - International Factor Movements and International Business - - - Multinational Firms; International Business

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