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La Macroeconomía Del Déficit Del Sector Público El Caso De Colombia

Author

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  • WILLIAM EASTERLY

    ()

Abstract

Los resultados econométricos indican un sorprende efecto negativo del capital público sobre la inversión privada, implicando esto que parte de la declinación secular en la inversión privada puede ser explicada por la expansión del sector público. También se encuentra poca evidencia de la contribución del capital público al producto agregado y al crecimiento. El consumo privado por su parte no presenta evidencia de comportamiento ricardiano: el ahorro del sector público no es un determinante significativo del consumo privado.

Suggested Citation

  • William Easterly, 1991. "La Macroeconomía Del Déficit Del Sector Público El Caso De Colombia," ENSAYOS SOBRE POLÍTICA ECONÓMICA, BANCO DE LA REPÚBLICA - ESPE, vol. 10(20), pages 107-144, December.
  • Handle: RePEc:col:000107:005314
    as

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    Cited by:

    1. Parada, Jairo & Albor, Cristina, 2011. "La Financiación del Déficit del Gobierno Central: Sus Costos Económicos y la Independencia Del Banco Central en Colombia desde 1991
      [National Government Deficit Financing:Economic Costs and Central
      ," MPRA Paper 52985, University Library of Munich, Germany, revised 06 Oct 2011.
    2. Luis Eduardo Arango Thomas, 1998. "Some univariate time series properties of output," Lecturas de Economía, Universidad de Antioquia, Departamento de Economía, issue 49, pages 7-46, Julio Dic.
    3. Carlos Esteban Posada P., 1995. "Ahorro Y Modelos Macroeconómicos," BORRADORES DE ECONOMIA 001956, BANCO DE LA REPÚBLICA.
    4. repec:cml:incocp:7en-04 is not listed on IDEAS
    5. repec:cml:incocp:7sp-04 is not listed on IDEAS
    6. Ana María Iregui-Bohórquez & Ligia Alba Melo-Becerra & María Teresa Ramírez-Giraldo & Ana María Tribín-Uribe, 2016. "Ahorro de los hogares de ingresos medios y bajos de las zonas urbana y rural en Colombia," Borradores de Economia 960, Banco de la Republica de Colombia.

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