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Inflación y crecimiento económico: Evidencia con datos de panel para América del Sur

  • Bittencourt, Manoel

Se investiga el rol del comportamiento macroeconómico, principalmente en términos de tasas de inflación, como determinante del crecimiento económico en cuatro países de América del Sur que sufrieron episodios de hiperinflación en los años 1980 y principios de 1990: Argentina, Bolivia, Brasil y Perú. Los resultados empíricos, basados en la metodología de panel de series de tiempo para el periodo 1970 a 2007, confirman la evidencia que sugiere que inflaciones altas tienen un efecto perjudicial en el crecimiento económico.

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File URL: http://www.bcrp.gob.pe/docs/Publicaciones/Revista-Estudios-Economicos/23/ree-23-bittencourt.pdf
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Article provided by Banco Central de Reserva del Perú in its journal Revista Estudios Económicos.

Volume (Year): (2012)
Issue (Month): 23 ()
Pages: 25-38

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Handle: RePEc:rbp:esteco:ree-23-02
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  10. Bai, Jushan & Kao, Chihwa & Ng, Serena, 2009. "Panel cointegration with global stochastic trends," Journal of Econometrics, Elsevier, vol. 149(1), pages 82-99, April.
  11. Michael Sarel, 1996. "Nonlinear Effects of Inflation on Economic Growth," IMF Staff Papers, Palgrave Macmillan, vol. 43(1), pages 199-215, March.
  12. Vatcharin Sirimaneetham & Jonathan R.W. Temple, 2009. "Macroeconomic Stability and the Distribution of Growth Rates," World Bank Economic Review, World Bank Group, vol. 23(3), pages 443-479, September.
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  17. Robert E. Lucas, Jr., 2007. "Trade and the Diffusion of the Industrial Revolution," NBER Working Papers 13286, National Bureau of Economic Research, Inc.
  18. Easterly, William, 2005. "National Policies and Economic Growth: A Reappraisal," Handbook of Economic Growth, in: Philippe Aghion & Steven Durlauf (ed.), Handbook of Economic Growth, edition 1, volume 1, chapter 15, pages 1015-1059 Elsevier.
  19. Robert J. Barro, 2012. "Inflation and Economic Growth," CEMA Working Papers 568, China Economics and Management Academy, Central University of Finance and Economics.
  20. M. Hashem Pesaran, 2006. "Estimation and Inference in Large Heterogeneous Panels with a Multifactor Error Structure," Econometrica, Econometric Society, vol. 74(4), pages 967-1012, 07.
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