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Ciclos de la producción industrial en Colombia: extracción del ciclo del sector y de sus ramas de actividad


Author Info

  • Constanza Martínez


  • Diana Mesa Téllez



En este documento empleamos el filtro de Butterworth para analizar laproducción industrial total y por ramas de actividad mediante la extracciónde señales en las frecuencias bajas y altas. En las frecuencias bajas latendencia de la producción al interior del sector exhibe una dinámica quedifiere fuertemente entre actividades. En las frecuencias altas, la mayoría delas ramas industriales presentan una mayor sensibilidad al ciclo común delsector que a los ciclos particulares o idiosincráticos, evidenciando unasincronización en la respuesta de la producción frente a choques exógenos.**In this paper we use the Butterworth filter in order to extract the signals ofthe total manufacturing production and its sub-sectors, in its low and highfrequencies. In the low frequencies, the trend of production presents strongdifferences among industrial activities. In the high frequencies, most of thesub-sectors exhibit a stronger sensibility to the common cycle than toparticular cycles, which evidence a synchronized response of production toexogenous shocks.

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Bibliographic Info

Paper provided by UNIVERSIDAD DEL ROSARIO in its series DOCUMENTOS DE TRABAJO with number 006121.

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Length: 22
Date of creation: 16 Nov 2009
Date of revision:
Handle: RePEc:col:000092:006121

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Keywords: Componentes no observados; filtro de Butterworth; ciclo sectorial.;

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