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Cronología de los ciclos de crecimiento recientes en Colombia

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Author Info

  • Luis Eduardo Arango

    ()

  • Fernando Arias

    ()

  • Luz Adriana Flórez

    ()

Abstract

Este trabajo utiliza el concepto de ciclos de crecimiento y lo diferencia del de ciclo de negocios. Se estiman las fechas de ocurrencia de los ciclos de crecimiento en Colombia entre 1980 y 2007 utilizando los métodos de Bry y Boschan (1971) y Boschan y Ebanks (1978) conocido, este último, como "Phase Average Trend" (PAT) para estimar el componente permanente del Índice de Producción Industrial y del Producto Interno Bruto. Las características de los ciclos de crecimiento se comparan con las que surgen al utilizar los filtros de Hodrick- Prescott y el "Local Linear Trend" para remover el componente permanente.

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File URL: http://www.banrep.gov.co/docum/ftp/borra464.pdf
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Bibliographic Info

Paper provided by Banco de la Republica de Colombia in its series Borradores de Economia with number 464.

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Handle: RePEc:bdr:borrec:464

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Related research

Keywords: Ciclos de crecimiento; Phase Average Trend (PAT); inclinación; profundidad. Classification JEL: E32; N16;

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Cited by:
  1. Pamela Góngora Salazar, 2010. "Determinantes de la volatilidad en el producto: evidencia empírica," VNIVERSITAS ECONÓMICA 008297, UNIVERSIDAD JAVERIANA - BOGOTÁ.
  2. Miguel Urrutia & Mauricio Ruíz, 2010. "Ciento setenta años de salarios reales en Colombia," DOCUMENTOS CEDE 007090, UNIVERSIDAD DE LOS ANDES-CEDE.

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