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Estimación de elasticidades de sustitución Armington: una aplicación para la industria en Colombia

Author

Listed:
  • Mónica Eliana FLÓREZ BUSTAMANTE
  • Jurany Beccie RAMÍREZ GALLEGO

Abstract

Este documento presenta una estimación de las elasticidades de sustitución Armington de largo plazo para 11 sectores de la industria en Colombia en el periodo 1990- 2014. Para la estimación se utilizan técnicas de cointegración como el Modelo de Corrección de Errores (VEC) y el Procedimiento de Rezagos Distribuidos (ARDL). Se encuentra un rango de elasticidades desde 0,34 para el sector de bebidas, hasta 5,89 para azúcar. La mayoría de las elasticidades se encuentra por encima de la unidad, indicando un fuerte grado de sustitución entre los bienes importados y domésticos para la industria en Colombia.

Suggested Citation

  • Mónica Eliana FLÓREZ BUSTAMANTE & Jurany Beccie RAMÍREZ GALLEGO, 2016. "Estimación de elasticidades de sustitución Armington: una aplicación para la industria en Colombia," Archivos de Economía 14805, Departamento Nacional de Planeación.
    • Handle: RePEc:col:000118:014805
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    More about this item

    Keywords

    Elasticidades Armington; modelos de equilibrio general; cointegración; VEC; ARDL; Industria en Colombia;
    All these keywords.

    JEL classification:

    • C22 - Mathematical and Quantitative Methods - - Single Equation Models; Single Variables - - - Time-Series Models; Dynamic Quantile Regressions; Dynamic Treatment Effect Models; Diffusion Processes
    • C51 - Mathematical and Quantitative Methods - - Econometric Modeling - - - Model Construction and Estimation
    • F1 - International Economics - - Trade

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