Abstract: In this paper is analyzed the relation between GDP growth and External balance in Colombia for the study …

latest tests of the model using cointegration techniques. Historical antecedents of the model are explored (e.g. the Harrod …

distributed lag cointegration bound test shows the findings regarding the cointegration consist of positive long-term equilibrium …

We perform a characterization of Colombia's industrial exports for the 1990-2010 period. We contrast the commonly used …

-run output equation with a coefficient equal to the share of capital (α). The long-run theory is tested using quarterly data on … results support the long-run theory. The existence of long-run relations between real output, foreign output and real oil … steadily over the past three decades, the theory suggests that the effect of oil income on the economy's steady state growth …

-run output equation with a coefficient equal to the share of capital (α). The long-run theory is tested using quarterly data on … results support the long-run theory. The existence of long-run relations between real output, foreign output and real oil … steadily over the past three decades, the theory suggests that the effect of oil income on the economy’s steady state growth …