Cointegration of Economic Growth and External Balance in Colombia : 1963-2016

In this paper is analyzed the relation between GDP growth and External balance in Colombia for the study period (1963-2016) by using a VECM. Supposing everything else unchanged, we conclude that Colombian external balance granger caused GDP growth and there was indeed a long run relation between both variables. This outcome helps to explain the Colombian GDP growth dynamics over the last fifty years and the impact of trade policy on economic growth

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Year of publication:	2018
Authors:	Barón Ortegón, Brayan Alexander
Publisher:	[2018]: [S.l.] : SSRN
Subject:	Theorie \| Theory \| Kolumbien \| Colombia \| Wirtschaftswachstum \| Economic growth \| Kointegration \| Cointegration \| Außenwirtschaftliches Gleichgewicht \| External balance

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Extent:	1 Online-Ressource (33 p)
Type of publication:	Book / Working Paper
Language:	English
Notes:	Nach Informationen von SSRN wurde die ursprüngliche Fassung des Dokuments December 31, 2017 erstellt
Other identifiers:	10.2139/ssrn.3215330 [DOI]
Classification:	F00 - International Economics. General ; F14 - Country and Industry Studies of Trade ; F17 - Trade Forecasting and Simulation ; F43 - Economic Growth of Open Economies ; F47 - Forecasting and Simulation
Source:	ECONIS - Online Catalogue of the ZBW

Persistent link: https://www.econbiz.de/10012914569