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Condición Marshall-Lerner: una aproximación al caso colombiano, 1980-2001

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  • Hernando Rendón Obando
  • Andrés Ramírez Hassan

Abstract

Resumen:Este estudio pretende analizar empíricamente la condición Marshall-Lerner en la economía Colombiana tomando como marco de referencia el período 1980-2001. El efecto de una depreciación de la tasa de cambio real sobre la balanza comercial en el largo plazo es analizado utilizando el procedimiento de cointegración de Johansen, bajo un modelo cuya especificación seguirá los desarrollos recientes de macroeconomía abierta basados en agente representativo y optimización dinámica. Luego del análisis econométrico se realizará una revisión sobre las implicaciones de política económica.Abstract:This research will analyse the Colombian evidence about Marshall-Lerner condition in the 1980 to 2001 period. The effect of the one real exchange´s depreciation over the trade balance in the long term is analysed with the Johansen´s cointegration procedure under a model which specification will follow the new developments of open macroeconomics based on representative agent with dynamic optimization. After the econometric analysis, a review about the economic policy implications will be done.

Suggested Citation

  • Hernando Rendón Obando & Andrés Ramírez Hassan, 2005. "Condición Marshall-Lerner: una aproximación al caso colombiano, 1980-2001," Revista Ecos de Economía, Universidad EAFIT, April.
    • Handle: RePEc:col:000442:010781
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    References listed on IDEAS

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    More about this item

    Keywords

    Balanza comercial; Condición Marshall-Lerner; Tasa de cambio; Trade Balance; Marshall-Lerner Condition; Exchange rate;
    All these keywords.

    JEL classification:

    • F11 - International Economics - - Trade - - - Neoclassical Models of Trade
    • F13 - International Economics - - Trade - - - Trade Policy; International Trade Organizations
    • F41 - International Economics - - Macroeconomic Aspects of International Trade and Finance - - - Open Economy Macroeconomics

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