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Modelación de la inversión en Centroamérica y la República Dominicana

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  • José R. Sánchez-Fung

    ()

Abstract

El artículo modela los determinantes de la inversión agregada en Costa Rica, El Salvador, Guatemala, Honduras y la República Dominicana usando series estadísticas anuales de las últimas cuatro décadas del siglo 20. Las estimaciones para el largo plazo descubren funciones de inversión cointegradas. La modelación de la dinámica de corto plazo revela un impacto significativo del crecimiento del producto sobre el crecimiento de la inversión en cada una de las economías. Sin embargo, las tasas de interés y las medidas de incertidumbre y de actividad del gobierno, no son sistemáticamente relevantes en la determinación de la dinámica de la inversión agregada.

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File URL: http://www.fce.unal.edu.co/media/files/documentos/Cuadernos/51/v28n51_sanchez_2009.pdf
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Bibliographic Info

Article provided by UN - RCE - CID in its journal REVISTA CUADERNOS DE ECONOMÍA.

Volume (Year): (2009)
Issue (Month): ()
Pages:

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Handle: RePEc:col:000093:006313

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Keywords: inversión; incertidumbre; equivalencia ricardiana; cointegración; modelos decorrección de equilibrio; entroamérica; República Dominicana.;

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