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Causalidad y desarrollo económico: Análisis econométrico de los países de la OCDE, 1965-2005

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Author Info
Guisan, M.C. ()

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Abstract

This paper presents an analysis and classification causality relationships in Econometrics, with particular focus on economic development, having into account the changes in direction of causality, in disequilibrium models, and other views from demand and supply sides. We analyze the evolution of employment rates, real wages and real Gross Domestic Product per capita in Spain, Germany, The United Kingdom, the United States and other OECD countries for 1965-2005 and present applications of the Granger´s test and other methods to analyze causal relationships.

Este documento presenta un análisis y clasificación de las relaciones causales en Econometría, con especial referencia al desarrollo económico, teniendo en cuenta los cambios en la dirección de causalidad, en modelos de desequilibrio, y otras perspectivas desde el lado de la oferta y el lado de la demanda. Analizamos la evolución del empleo, el salario real y el PIB por habitante en España, Alemania, Gran Bretaña, Estados Unidos. y otros países de la OCDE durante el período 1965-2005 y presentamos los resultados de aplicar el test de Granger y otros métodos de análisis de relaciones causales.

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Publisher Info
Paper provided by University of Santiago de Compostela. Faculty of Economics and Business. Econometrics. in its series Economic Development with number 95.

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Length: 30 pages
Date of creation: 2007
Date of revision:
Handle: RePEc:eaa:ecodev:95

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Find related papers by JEL classification:
B41 - Schools of Economic Thought and Methodology - - Economic Methodology - - - Economic Methodology
C51 - Mathematical and Quantitative Methods - - Econometric Modeling - - - Model Construction and Estimation
C52 - Mathematical and Quantitative Methods - - Econometric Modeling - - - Model Evaluation and Testing
O51 - Economic Development, Technological Change, and Growth - - Economywide Country Studies - - - U.S.; Canada
E2 - Macroeconomics and Monetary Economics - - Macroeconomics: Consumption, Saving, Production, Employment, and Investment
E24 - Macroeconomics and Monetary Economics - - Macroeconomics: Consumption, Saving, Production, Employment, and Investment - - - Employment; Unemployment; Wages; Intergenerational Income Distribution
O52 - Economic Development, Technological Change, and Growth - - Economywide Country Studies - - - Europe
O57 - Economic Development, Technological Change, and Growth - - Economywide Country Studies - - - Comparative Studies of Countries

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