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Efectos de la liberalizacion financiera sobre el comercio exterior: Modelo gravitacional de Latinoamerica, 1995-99 Author info | Abstract | Publisher info | Download info | Related research | Statistics Lewer, J.J.
Saenz, M.
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El propósito de este artículo es probar empíricamente el impacto de la liberación de capital sobre el flujo del intercambio bilateral de bienes y servicios. Se empleó un modelo de gravedad extendido para veinte países latinoamericanos para un periodo comprendido entre 1995 y 1999. Los resultados indican que una reducción del 10 por ciento en regulación de los flujos de capital realza el comercio internacional aproximadamente en 1 por ciento en la muestra tomada. Los resultados empíricos crecieron substancialmente más fuertes y significativos durante el periodo de cinco años, indicando la importancia creciente de la liberación financiera después de las crisis económicas ocurridas en México y Brasil.
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Article provided by Euro-American Association of Economic Development in its journal Estudios Economicos de Desarrollo Internacional .
Volume (Year): 4 (2004)
Issue (Month): 2 ()
Pages:
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Handle: RePEc:eaa:eedein:v:4:y2004:i:4_6Contact details of provider: Web page: http://www.usc.es/economet/eaa.htm
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Keywords: Política en la Cuenta de Capital ; Comercio Internacional ; Modelo de Gravedad ; Find related papers by JEL classification: C51 - Mathematical and Quantitative Methods - - Econometric Modeling - - - Model Construction and Estimation O54 - Economic Development, Technological Change, and Growth - - Economywide Country Studies - - - Latin America; Caribbean
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King, Robert G. & Levine, Ross, 1993.
"Finance and growth : Schumpeter might be right ,"
Policy Research Working Paper Series
1083, The World Bank.
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"Finance and growth : Schumpeter might be right ,"
Policy Research Working Paper Series
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"Equipment Investment and Economic Growth ,"
The Quarterly Journal of Economics ,
MIT Press, vol. 106(2), pages 445-502, May.
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