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¿Ha sido estable el crecimiento en América Latina?

Author

Listed:
  • Domingo Rodríguez Benavides

    (Universidad Autónoma Metropolitana, Departamento de Sistemas)

  • Román Mora Gutiérrez

    (Universidad Autónoma Metropolitana, Departamento de Sistemas)

  • Miguel Ángel Martinez García

    (Instituto Politécnico Nacional, Escuela Superior de Economía)

Abstract

En este trabajo caracterizamos el crecimiento económico de una muestra de países de América Latina mediante dos pruebas de estacionariedad en panel la de Carrion-i-Silvestre et al. (2005) y la de Hadri y Rao (2008), esta última tiene algunas ventajas con respecto a la primera ya que permite controlar: (i) la heterogeneidad no observada tanto en su forma como en la fecha de los posibles quiebres estructurales en la función de tendencia, (ii) la dependencia de sección cruzada entre las unidades con métodos de bootstrapping de panel, y (iii) la correlación serial en los errores. Los resultados evidencian que la mayoría de los países de América Latina presentan notables desaceleraciones en su crecimiento económico en los periodos posteriores a las rupturas estructurales cuya principal implicación es la incapacidad de recuperarse de los impactos negativos y por ende, de regresar a la senda de crecimiento equilibrado inicial.

Suggested Citation

  • Domingo Rodríguez Benavides & Román Mora Gutiérrez & Miguel Ángel Martinez García, 2016. "¿Ha sido estable el crecimiento en América Latina?," Remef - Revista Mexicana de Economía y Finanzas Nueva Época REMEF (The Mexican Journal of Economics and Finance), Instituto Mexicano de Ejecutivos de Finanzas, IMEF, vol. 11(3), pages 1-21, Octubre-D.
    • Handle: RePEc:imx:journl:v:11:y:2016:i:3:p:1-21
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    File URL: http://www.remef.org.mx/index.php/remef/article/view/20/31
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    More about this item

    Keywords

    Crecimiento económico; Rupturas estructurales; Pruebas de estacionariedad en panel; América Latina;
    All these keywords.

    JEL classification:

    • C33 - Mathematical and Quantitative Methods - - Multiple or Simultaneous Equation Models; Multiple Variables - - - Models with Panel Data; Spatio-temporal Models
    • O1 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development
    • O47 - Economic Development, Innovation, Technological Change, and Growth - - Economic Growth and Aggregate Productivity - - - Empirical Studies of Economic Growth; Aggregate Productivity; Cross-Country Output Convergence
    • O5 - Economic Development, Innovation, Technological Change, and Growth - - Economywide Country Studies

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