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Diversificación de exportaciones y crecimiento económico: evidencia empírica para Chile y Colombia (1980-2015) || Export diversification and economic growth. Empirical: evidence for Chile and Colombia (1980-2015)

Author

Listed:
  • Almanza-Ramírez, Camilo

    (Universidad del Norte (Colombia))

  • Rodríguez-Albor, Gustavo Jesús

    (Universidad Autónoma del Caribe (Colombia))

  • Gómez-Pacheco, Álvaro

    (Universidad del Norte (Colombia))

  • Verbel-Montes, Iván

    (Universidad del Norte (Colombia))

Abstract

La relación entre las exportaciones y el crecimiento económico ha sido ampliamente discutida en la literatura, aunque actualmente no existe un consenso claro sobre el tema. En este artículo se evalúa la hipótesis de que la diversificación de exportaciones está vinculada al crecimiento económico a través de externalidades del tipo aprender haciendo y aprender exportando, mediante el uso de métodos multivariantes para series de tiempo -modelos VAR y VEC- con datos de exportaciones de Chile y Colombia para el periodo 1995-2015. La prueba Dickey-Fuller aumentada se usa para evaluar la estacionariedad de las series. El test de Johansen se emplea para determinar el grado de cointegración entre las variables, y la prueba de causalidad Granger para establecer la relación de causalidad entre las mismas. Los resultados muestran que el crecimiento basado en la diversificación de exportaciones es relevante para Chile, mientras que para Colombia se detectó una relación de causalidad que va del crecimiento económico a la diversificación de exportaciones. || The relationship between exports and economic growth has been widely discussed in the literature, although there is currently no clear consensus on the subject. This article evaluates the hypothesis that the export-diversification is linked to economic growth through externalities of the type learning by doing and learning by exporting, by using multivariate methods for time series -VAR and VEC models- with exports’s data from Chile and Colombia for the period 1995-2015. The Dickey-Fuller Augmented test is applied to check the series’s stationarity. The Johansen test is used to determine the degree of cointegration between the variables, and the Granger causality test to evaluate the causality relationship between them. The results show that the export diversification-led growth is relevant for Chile, while for Colombia a causal relationship that goes from economic growth to export diversification was detected.

Suggested Citation

  • Almanza-Ramírez, Camilo & Rodríguez-Albor, Gustavo Jesús & Gómez-Pacheco, Álvaro & Verbel-Montes, Iván, 2020. "Diversificación de exportaciones y crecimiento económico: evidencia empírica para Chile y Colombia (1980-2015) || Export diversification and economic growth. Empirical: evidence for Chile and Colombia," Revista de Métodos Cuantitativos para la Economía y la Empresa = Journal of Quantitative Methods for Economics and Business Administration, Universidad Pablo de Olavide, Department of Quantitative Methods for Economics and Business Administration, vol. 29(1), pages 152-171, June.
  • Handle: RePEc:pab:rmcpee:v:29:y:2020:i:1:p:152-171
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    More about this item

    Keywords

    diversificación de exportaciones; crecimiento económico; ventaja comparativa revelada; exports’ diversification; economic growth; revealed comparative advantage.;
    All these keywords.

    JEL classification:

    • C10 - Mathematical and Quantitative Methods - - Econometric and Statistical Methods and Methodology: General - - - General
    • F10 - International Economics - - Trade - - - General
    • O10 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - General

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