This file is part of IDEAS, which uses RePEc data


[ Papers | Articles | Software | Books | Chapters | Authors | Institutions | JEL Classification | NEP reports | Search | New papers by email | Author registration | Rankings | Volunteers | FAQ | Blog | Help! ]

Economic Growth, Consumption and Oil Scarcity in Colombia: A Ramsey model, time series and panel data approach

Author info | Abstract | Publisher info | Download info | Related research | Statistics
Author Info
Danny García Callejas ()
Abstract

Este artículo muestra la relación que existe entre el crecimiento económico, del consumo y de la disponibilidad de petróleo en Colombia. Primero se realiza un análisis teórico modificando el modelo de crecimiento de Ramsey para incluir una variable que represente la disponibilidad de petróleo, llegando a la conclusión que la tasa de crecimiento del consumo está directamente relacionada con la tasa de crecimiento de la producción de petróleo. Luego, por medio de un modelo de series de tiempo y panel de datos se verifica este resultado teórico y se muestra que la disponibilidad de petróleo contribuye al menos en un 13% en la tasa de crecimiento económico de Colombia

Download Info
To download:

If you experience problems downloading a file, check if you have the proper application to view it first. Information about this may be contained in the File-Format links below. 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.

File URL: http://economicas.udea.edu.co/docs/publicaciones/BorradCIE_12.pdf
File Format:
File Function:
Download Restriction: no

Publisher Info
Paper provided by UNIVERSIDAD DE ANTIOQUIA - CIE in its series BORRADORES DEL CIE with number 004180.

Download reference. The following formats are available: HTML (with abstract), plain text (with abstract), BibTeX, RIS (EndNote, RefMan, ProCite), ReDIF
Length: 26
Date of creation: 28 Feb 2005
Date of revision:
Handle: RePEc:col:000099:004180

Contact details of provider:

For technical questions regarding this item, or to correct its listing, contact: (Laura Maria Posada Arboleda).

Related research
Keywords:

References listed on IDEAS
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:

  1. Gately, D. & Streifel, S.S., 1997. "The demand for Oil Products in Developing Countries," World Bank - Discussion Papers 359, World Bank.
  2. Douglas, Paul H, 1976. "The Cobb-Douglas Production Function Once Again: Its History, Its Testing, and Some New Empirical Values," Journal of Political Economy, University of Chicago Press, vol. 84(5), pages 903-15, October. [Downloadable!] (restricted)
  3. Olson, Mancur, 1988. "The Productivity Slowdown, the Oil Shocks, and the Real Cycle," Journal of Economic Perspectives, American Economic Association, vol. 2(4), pages 43-69, Fall. [Downloadable!] (restricted)
  4. Levin, Andrew & Lin, Chien-Fu & James Chu, Chia-Shang, 2002. "Unit root tests in panel data: asymptotic and finite-sample properties," Journal of Econometrics, Elsevier, vol. 108(1), pages 1-24, May. [Downloadable!] (restricted)
    Other versions:
  5. Lawrence, Colin & Levy, Victor, 1982. "On Sharing the Gains from International Trade: The Political Economy of Oil Consuming Nations and Oil Producing Nations," International Economic Review, Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association, vol. 23(3), pages 711-21, October. [Downloadable!] (restricted)
  6. Im, Kyung So & Pesaran, M. Hashem & Shin, Yongcheol, 2003. "Testing for unit roots in heterogeneous panels," Journal of Econometrics, Elsevier, vol. 115(1), pages 53-74, July. [Downloadable!] (restricted)
    Other versions:
Full references

Statistics
Access and download statistics

Did you know? Apart from a small start up grant in the 1990's, RePEc has received no funding and lives on the help of volunteers.

This page was last updated on 2009-10-22.

This information is provided to you by IDEAS at the Department of Economics, College of Liberal Arts and Sciences, University of Connecticut using RePEc data on a server sponsored by the Society for Economic Dynamics.