Crecimiento en una economía abierta: Un marco de análisis para el Perú
AbstractIn this paper we present a review of the literature of economic growth for open economies. Then, from this review, we build a model of economic growth which take into account the main features of the Peruvian economy such as small economy, openness in goods and financia1 markets, strong link between imports and economic activity, exogenous technological change, exogenous financial capital inflows, importance of the external constraint on the evolution of per capita gross domestic product (GDP) and the negative relationship between domestic saving and capital inflows. The model has two basic equations: the internal equilibrium equation and the external equilibrium equation. The saving and investment equality determines per capita capital, and, given a production function, per capita GDP as well; while the equilibrium of the balance of payments determines real exchange rate. Thus this model allow us to show the effects of the interna1 factors such as rate of saving and propensity to import as well as the effects of the factors related to the international context such as exports and capital inflows on per capita capital (GDP) and real exchange rate.
Download InfoIf you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.
Bibliographic InfoArticle provided by Departamento de Economía - Pontificia Universidad Católica del Perú in its journal Revista Economía.
Volume (Year): (2000)
Issue (Month): 46 ()
Contact details of provider:
Postal: Av. Universitaria 1801, San Miguel, Lima, Perú
Phone: (511) 626-2000 ext. 4950, 4951
Fax: (511) 626-2874
Web page: http://departamento.pucp.edu.pe/economia/
More information through EDIRC
Other versions of this item:
- Waldo Mendoza Bellido & Ricardo Huamán Aguilar, 2001. "Crecimiento en una economía abierta: un marco de análisis para el Perú," Documentos de Trabajo, Departamento de EconomÃa - Pontificia Universidad CatÃ³lica del PerÃº 2001-201, Departamento de Economía - Pontificia Universidad Católica del Perú.
You can help add them by filling out this form.
reading list or among the top items on IDEAS.Access and download statisticsgeneral information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Stephan Gruber).
If references are entirely missing, you can add them using this form.