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Ciclos peruanos, andinos y de Estados Unidos

Author

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  • Javier Iguíñiz

    (Pontificia Universidad Católica del Perú - Departamento de economía)

  • Giovanna Aguilar

    (Pontificia Universidad Católica del Perú - Departamento de economía)

Abstract

In this article we have shown that between 1950 and the debt crisis economic fluctuations of Andean countries and of the U. S. A. are positively correlated. The exceptions to the rule are the oil exporting Venezuela and Ecuador during some of the subperiods selected. In general, the correlation are significant before the debt crisis in 1982 but most of them become non-significant during the 1981-1995 period. The same pattern applies to the correlation between Peru and U. S. A. for 1929-1981 and 1981-1995.
(This abstract was borrowed from another version of this item.)

Suggested Citation

  • Javier Iguíñiz & Giovanna Aguilar, 1997. "Ciclos peruanos, andinos y de Estados Unidos," Revista Economía, Fondo Editorial - Pontificia Universidad Católica del Perú, issue 39-40, pages 165-206.
    • Handle: RePEc:pcp:pucrev:y:1997:i:39-40:p:165-206
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    File URL: http://revistas.pucp.edu.pe/index.php/economia/article/view/714/689
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    Cited by:

    1. Pacheco Jiménez, J.F., 2001. "Business cycles in small open economies: the case of Costa Rica," ISS Working Papers - General Series 19075, International Institute of Social Studies of Erasmus University Rotterdam (ISS), The Hague.
    2. Pablo Mejía-Reyes, 1999. "Classical business cycles in Latin America: Turning points, asimmetries and international synchronisation," Estudios Económicos, El Colegio de México, Centro de Estudios Económicos, vol. 14(2), pages 265-297.

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