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América Latina y Asia del Este: una mirada al papel de los choques externos

Author

Listed:
  • Mariana Gutiérrez Bernal
  • Susana Yepes Bernal

Abstract

El presente estudio plantea una comparación entre el impacto que han tenido los choques externos en la región latinoamericana y en el este asiático, para el periodo comprendido entre 1995 y 2009. Con el fin de evaluar si dicho impacto ha sido diferente en cada región, se plantea la estimación por medio de un modelo VEC y un Panel VEC, que permiten concluir que los choques externos han afectado a América Latina, como era de esperarse, pero en igual medida han afectado a Asia del Este. Dicho resultado plantea una alteración de la hipótesis inicial, que suponía que las economías de Asia del Este eran menos vulnerables ante choques externos que los países pertenecientes a la región latinoamericana. La bondad del presente estudio radica entonces en el hallazgo de los choques que impactan a las dos regiones de manera significativa, surgiendo así un nuevo interrogante a la literatura: ¿ Por qué Asia del Este continuó creciendo más que América Latina pese a que los choques externos también la afectan?

Suggested Citation

  • Mariana Gutiérrez Bernal & Susana Yepes Bernal, 2010. "América Latina y Asia del Este: una mirada al papel de los choques externos," Revista Ecos de Economía, Universidad EAFIT, September.
    • Handle: RePEc:col:000442:010503
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    File URL: http://publicaciones.eafit.edu.co/index.php/ecos-economia/article/view/176/1753
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    References listed on IDEAS

    as
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    4. 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.
    Full references (including those not matched with items on IDEAS)

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    More about this item

    Keywords

    América Latina; Asia del Este; choques externos; crecimiento económico; vulnerabilidad;
    All these keywords.

    JEL classification:

    • C13 - Mathematical and Quantitative Methods - - Econometric and Statistical Methods and Methodology: General - - - Estimation: General
    • C22 - Mathematical and Quantitative Methods - - Single Equation Models; Single Variables - - - Time-Series Models; Dynamic Quantile Regressions; Dynamic Treatment Effect Models; Diffusion Processes
    • N10 - Economic History - - Macroeconomics and Monetary Economics; Industrial Structure; Growth; Fluctuations - - - General, International, or Comparative
    • N15 - Economic History - - Macroeconomics and Monetary Economics; Industrial Structure; Growth; Fluctuations - - - Asia including Middle East
    • N16 - Economic History - - Macroeconomics and Monetary Economics; Industrial Structure; Growth; Fluctuations - - - Latin America; Caribbean

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