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The Impact of the financial and Economic Crisis on Central America: An Expenditure GDP approach

Author

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  • Zuniga-Gonzalez, C.A

Abstract

This article applies the expenditure GDP approach for analyzing the impact of the financial and economic crisis on Central America1 (BCN, 2004). I use the regression analysis method of multivariable statistical analysis to establish a multiple linear regression model about the mean expenditure variables that are estimated during 2000 to 2008, therefore I calculate the forecast for 2010. In general terms, those countries present your economies with a declining trend. So I suggest some measures to support the impact in our economies.

Suggested Citation

  • Zuniga-Gonzalez, C.A, 2009. "The Impact of the financial and Economic Crisis on Central America: An Expenditure GDP approach," MPRA Paper 110940, University Library of Munich, Germany, revised 15 Jan 2009.
    • Handle: RePEc:pra:mprapa:110940
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    File URL: https://mpra.ub.uni-muenchen.de/110940/1/MPRA_paper_110940.pdf
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    More about this item

    Keywords

    Expenditure GDP approach; Financial Crisis; Economic impact; Regression Analysis;
    All these keywords.

    JEL classification:

    • G32 - Financial Economics - - Corporate Finance and Governance - - - Financing Policy; Financial Risk and Risk Management; Capital and Ownership Structure; Value of Firms; Goodwill
    • G38 - Financial Economics - - Corporate Finance and Governance - - - Government Policy and Regulation

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