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Impactos regionales y sectoriales de la política monetaria en Colombia

Author

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  • Jorge David Quintero Otero

Abstract

En este trabajo se hace una estimación del efecto de la política monetaria sobre la actividad productiva en las regiones y los sectores de la economía de Colombia y se evalúan los canales de transmisión. Para ello se emplea un modelo de rezagos distribuidos en el que se combinan datos de producción regionales con información sectorial y se hace uso de una medida de choques de política monetaria estimados previamente en Quintero (2015a) con datos agregados. Los principales resultados obtenidos muestran que hay importantes diferencias sectoriales en el impacto de la política monetaria sobre la producción. Estas diferencias en los impactos sectoriales, junto con las diferencias en la estructura económica de los departamentos, muestran ser determinantes en la transmisión regional de la política monetaria a través del canal de tasa de interés.

Suggested Citation

  • Jorge David Quintero Otero, 2015. "Impactos regionales y sectoriales de la política monetaria en Colombia," Documentos CEDE 12577, Universidad de los Andes, Facultad de Economía, CEDE.
    • Handle: RePEc:col:000089:012577
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    Keywords

    política monetaria; rezagos distribuidos; regiones; sectores económicos; Colombia;
    All these keywords.

    JEL classification:

    • E52 - Macroeconomics and Monetary Economics - - Monetary Policy, Central Banking, and the Supply of Money and Credit - - - Monetary Policy
    • E58 - Macroeconomics and Monetary Economics - - Monetary Policy, Central Banking, and the Supply of Money and Credit - - - Central Banks and Their Policies
    • R11 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - General Regional Economics - - - Regional Economic Activity: Growth, Development, Environmental Issues, and Changes

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