IDEAS home Printed from https://ideas.repec.org/a/col/000180/015749.html
   My bibliography  Save this article

Causalidad entre las importaciones y el crecimiento económico: evidencia empírica para el departamento del Cauca (Colombia)

Author

Listed:
  • Andrés Mauricio Gómez Sánchez
  • Zoraida Ramírez Gutiérrez

Abstract

Este documento investiga si el crecimiento económico en el departamento del Cauca determina el incremento de sus importaciones o si por el contrario son las importaciones las que han impulsado el PIB en el periodo 1960-2013. Para lograr este objetivo, se recurre a un modelo SVAR con su previo análisis de cointegración. Se implementa también una función impulso-respuesta para reforzar los hallazgos. Los resultados sugieren que el PIB per cápita del Cauca contemporáneo incide en las importaciones futuras y no viceversa, lo que implica, por ejemplo, que los tratados de libre comercio no son suficientes para impulsar dichas importaciones en el largo plazo.

Suggested Citation

  • Andrés Mauricio Gómez Sánchez & Zoraida Ramírez Gutiérrez, 2017. "Causalidad entre las importaciones y el crecimiento económico: evidencia empírica para el departamento del Cauca (Colombia)," Revista Facultad de Ciencias Económicas, Universidad Militar Nueva Granada, vol. 25(2), pages 41-62, September.
    • Handle: RePEc:col:000180:015749
    as

    Download full text from publisher

    File URL: https://revistas.unimilitar.edu.co/index.php/rfce/article/view/3068
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Khan, Mohsm S. & Ross, Knud Z., 1977. "The functional form of the aggregate import demand equation," Journal of International Economics, Elsevier, vol. 7(2), pages 149-160, May.
    2. Titus O. Awokuse, 2003. "Is the export‐led growth hypothesis valid for Canada?," Canadian Journal of Economics/Revue canadienne d'économique, John Wiley & Sons, vol. 36(1), pages 126-136, March.
    3. Khan, Mohsin S, 1975. "The Structure and Behavior of Imports of Venezuela," The Review of Economics and Statistics, MIT Press, vol. 57(2), pages 221-224, May.
    4. Anthony P. Thirlwall, 2011. "The Balance of Payments Constraint as an Explanation of International Growth Rate Differences," PSL Quarterly Review, Economia civile, vol. 64(259), pages 429-438.
    5. Jacint Balaguer & Manuel Cantavella-Jorda, 2001. "Examining the export-led growth hypothesis for Spain in the last century," Applied Economics Letters, Taylor & Francis Journals, vol. 8(10), pages 681-685.
    6. Gary S. Becker, 1964. "Human Capital: A Theoretical and Empirical Analysis with Special Reference to Education, First Edition," NBER Books, National Bureau of Economic Research, Inc, number beck-5, March.
    7. Jacint Balaguer & Manuel Cantavella-Jorda, 2002. "Tourism as a long-run economic growth factor: the Spanish case," Applied Economics, Taylor & Francis Journals, vol. 34(7), pages 877-884.
    8. Hiau Looi Kee & Alessandro Nicita & Marcelo Olarreaga, 2008. "Import Demand Elasticities and Trade Distortions," The Review of Economics and Statistics, MIT Press, vol. 90(4), pages 666-682, November.
    9. Jean-Jacques Nowak & Mondher Sahli & Isabel Cortés-Jiménez, 2007. "Tourism, Capital Good Imports and Economic Growth: Theory and Evidence for Spain," Tourism Economics, , vol. 13(4), pages 515-536, December.
    10. Wolfgang Keller, 2002. "Geographic Localization of International Technology Diffusion," American Economic Review, American Economic Association, vol. 92(1), pages 120-142, March.
    11. Epaminondas Panas & George Vamvoukas, 2002. "Further evidence on the Export-Led Growth Hypothesis," Applied Economics Letters, Taylor & Francis Journals, vol. 9(11), pages 731-735.
    12. Awudu Abdulai & Philippe Jacquet, 2002. "Exports and Economic Growth: Cointegration and Causality Evidence for Côte d’Ivoire," African Development Review, African Development Bank, vol. 14(1), pages 1-17.
    13. Julio César Alonso & Carlos Ignacio Patiño F Author-Email:carlos.patino@corficolombiana.com.co, 2007. "¿Crecer para exportar o exportar para crecer? El caso del Valle del Cauca," Ensayos sobre Economía Regional (ESER) 46, Banco de la Republica de Colombia.
    14. Wolfgang Keller, 2004. "International Technology Diffusion," Journal of Economic Literature, American Economic Association, vol. 42(3), pages 752-782, September.
    15. Sunkel, Osvaldo & Paz, Pedro, 1970. "Subdesarrollo latinoamericano y la teoría del desarrollo," Copublicaciones, Naciones Unidas Comisión Económica para América Latina y el Caribe (CEPAL), number 1604 edited by Siglo Veintiuno.
    16. Johansen, Soren, 1988. "Statistical analysis of cointegration vectors," Journal of Economic Dynamics and Control, Elsevier, vol. 12(2-3), pages 231-254.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Jaime Andrés Collazos & Pedro Luis Rosero, 2010. "¿Posee el Valle del Cauca una economía transformadora de importaciones orientadas a la Exportación?," Documentos de Políticas Públicas 6880, Universidad Icesi.
    2. Muhammad Shahbaz & Pervaz Azim & Khalil Ahmad, 2011. "Exports-Led Growth Hypothesis in Pakistan: Further Evidence," Asian Economic and Financial Review, Asian Economic and Social Society, vol. 1(3), pages 182-197.
    3. Perles-Ribes, José Francisco & Ramón-Rodríguez, Ana Belén & Rubia, Antonio & Moreno-Izquierdo, Luis, 2017. "Is the tourism-led growth hypothesis valid after the global economic and financial crisis? The case of Spain 1957–2014," Tourism Management, Elsevier, vol. 61(C), pages 96-109.
    4. Nino Fonseca & Marcelino Sánchez-Rivero, 2020. "Significance bias in the tourism-led growth literature," Tourism Economics, , vol. 26(1), pages 137-154, February.
    5. Ali, Shah & Masih, Mansur, 2018. "The determinants of economic growth: the Malaysian case," MPRA Paper 107859, University Library of Munich, Germany.
    6. Brida, Juan Gabriel & Barquet, Andrea & Risso, Wiston Adrián, 2009. "Causality between Economic Growth and Tourism Expansion: Empirical Evidence from Trentino - Alto Adige," MPRA Paper 25316, University Library of Munich, Germany, revised 14 Dec 2009.
    7. Laura Bottazzi & Giovanni Peri, 2005. "The International Dynamics of R&D and Innovation in the Short and in the Long Run," NBER Working Papers 11524, National Bureau of Economic Research, Inc.
    8. Kalaitzi, Athanasia Stylianou & Chamberlain, Trevor William, 2021. "The validity of the export-led growth hypothesis: some evidence from the GCC," LSE Research Online Documents on Economics 106586, London School of Economics and Political Science, LSE Library.
    9. Juan Ricardo Perilla Jiménez, 2020. "Testing the impact of technology diffusion and innovation on long-run growth using cointegration techniques," The Journal of International Trade & Economic Development, Taylor & Francis Journals, vol. 29(6), pages 748-773, August.
    10. Juan Gabriel Brida & Diego Giuliani, 2012. "Empirical assessment of the tourism-led growth hypothesis: the case of the ÒTirol-SŸdtirol-TrentinoÓ Europaregion," DISA Working Papers 2012/02, Department of Computer and Management Sciences, University of Trento, Italy, revised Mar 2012.
    11. Giovanni Peri & Laura Bottaz, 2005. "The International Dynamics of R&D and Innovationin the Short Run and in the Long Run," Working Papers 59, University of California, Davis, Department of Economics.
    12. Narayan, Paresh Kumar & Sharma, Susan Sunila & Bannigidadmath, Deepa, 2013. "Does tourism predict macroeconomic performance in Pacific Island countries?," Economic Modelling, Elsevier, vol. 33(C), pages 780-786.
    13. Isabel Cortes-Jimenez & Manuela Pulina, 2006. "Tourism and Growth: Evidence for Spain and Italy," ERSA conference papers ersa06p128, European Regional Science Association.
    14. Kalaitzi, Athanasia S. & Chamberlain, Trevor W., 2020. "Merchandise exports and economic growth: multivariate time series analysis for the United Arab Emirates," LSE Research Online Documents on Economics 103781, London School of Economics and Political Science, LSE Library.
    15. Gautam, Bishnu Prasad, 2014. "Economic Dynamics of Tourism in Nepal: A VECM Approach," MPRA Paper 58102, University Library of Munich, Germany.
    16. Cortes-Jimenez, Isabel & Pulina, Manuela, 2006. "A further step into the ELGH and TLGH for Spain and Italy," Natural Resources Management Working Papers 12137, Fondazione Eni Enrico Mattei (FEEM).
    17. Byoungki Kim & Phouphet Kyophilavong & Kenji Nozaki & Teerawat Charoenrat, 2022. "Does the Export-led Growth Hypothesis Hold for Myanmar?," Global Business Review, International Management Institute, vol. 23(1), pages 48-60, February.
    18. Schulte, Patrick, 2015. "Does skill-biased technical change diffuse internationally?," ZEW Discussion Papers 15-088, ZEW - Leibniz Centre for European Economic Research.
    19. Garrod Brian & Almeida António & Machado Luiz, 2023. "Modelling of nonlinear asymmetric effects of changes in tourism on economic growth in an autonomous small-island economy," European Journal of Tourism, Hospitality and Recreation, Sciendo, vol. 13(2), pages 154-172, December.
    20. Niccolò Comerio & Fernanda Strozzi, 2019. "Tourism and its economic impact: A literature review using bibliometric tools," Tourism Economics, , vol. 25(1), pages 109-131, February.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:col:000180:015749. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Administrador (email available below). General contact details of provider: https://edirc.repec.org/data/femngco.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.