Terms of trade and output fluctuations in Colombia
Includes bibliography.
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| Lenguaje: | English |
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2014
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oai-11362-369882020-03-06T16:50:27Z Terms of trade and output fluctuations in Colombia Hernández, Gonzalo COMERCIO INTERNACIONAL RELACION DE INTERCAMBIO CRECIMIENTO ECONOMICO PRODUCTIVIDAD ANALISIS DE SERIES CRONOLOGICAS INTERNATIONAL TRADE TERMS OF TRADE ECONOMIC GROWTH PRODUCTIVITY TIME-SERIES ANALYSIS Includes bibliography. This paper explores the impact of the terms of trade on output fluctuations in Colombia, a developing country where as much as 62% of export earnings come from just four commodities: oil (42%), coal (14%), coffee (5%), and nickel (1%). This research was prompted by: the particular role of short-run fluctuations in developing economies, the fact that the Colombian terms of trade are procyclical, and the discussion on economic policies towards sterilization of the effects of commodity prices. Following time series analysis for the period 1994 -2011, robust evidence was found indicating that around one third of Colombia's quarterly growth is attributable to changes in the terms of trade. 2014-09-05T14:29:44Z 2014-09-05T14:29:44Z 2013-08 Texto Sección o Parte de un Documento http://hdl.handle.net/11362/36988 LC/G.2572-P 6 en Cepal Review 110 application/pdf COLOMBIA COLOMBIA |
| institution |
Cepal |
| collection |
Cepal |
| language |
English |
| topic |
COMERCIO INTERNACIONAL RELACION DE INTERCAMBIO CRECIMIENTO ECONOMICO PRODUCTIVIDAD ANALISIS DE SERIES CRONOLOGICAS INTERNATIONAL TRADE TERMS OF TRADE ECONOMIC GROWTH PRODUCTIVITY TIME-SERIES ANALYSIS |
| spellingShingle |
COMERCIO INTERNACIONAL RELACION DE INTERCAMBIO CRECIMIENTO ECONOMICO PRODUCTIVIDAD ANALISIS DE SERIES CRONOLOGICAS INTERNATIONAL TRADE TERMS OF TRADE ECONOMIC GROWTH PRODUCTIVITY TIME-SERIES ANALYSIS Hernández, Gonzalo Terms of trade and output fluctuations in Colombia |
| description |
Includes bibliography. |
| format |
Texto |
| author |
Hernández, Gonzalo |
| author_facet |
Hernández, Gonzalo |
| author_sort |
Hernández, Gonzalo |
| title |
Terms of trade and output fluctuations in Colombia |
| title_short |
Terms of trade and output fluctuations in Colombia |
| title_full |
Terms of trade and output fluctuations in Colombia |
| title_fullStr |
Terms of trade and output fluctuations in Colombia |
| title_full_unstemmed |
Terms of trade and output fluctuations in Colombia |
| title_sort |
terms of trade and output fluctuations in colombia |
| publishDate |
2014 |
| url |
http://hdl.handle.net/11362/36988 |
| work_keys_str_mv |
AT hernandezgonzalo termsoftradeandoutputfluctuationsincolombia |
| _version_ |
1718434602919395328 |