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El crecimiento económico internacional en la segunda mitad del siglo XX ¿que factores lo determinaron?

  • Carlos E. Posada

    ()

  • Eliana Carolina Rubiano

    ()

En este ensayo presentamos un modelo de crecimiento económico y los resultados de su estimacióneconométrica. Entre sus variables incluimos las demográficas y de capital físico y humano. El ejercicioempírico se basó en un panel dinámico" que cubrió un período de aproximadamente cuatro decenios(1960-2000) y tres muestras de países con el fin de apreciar la robustez de los resultados. La primera, con59 países, y, las otras dos, diferenciando entre países pobres y ricos. Los resultados de la muestra totalparecen dominados por los de la sub-muestra de países pobres, a saber: solo la tasa de inversión encapital físico fue significativa en la determinación de la tasa de crecimiento económico. En el caso de lospaíses ricos, además de la inversión en capital físico, también se mostraron significativas la inversión encapital humano (con un efecto rezagado de 10 años) y la constante, sugiriendo, esto último, que fueimportante en estos países un cambio técnico exógeno como uno de sus motores de crecimiento."

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Paper provided by BANCO DE LA REPÚBLICA in its series BORRADORES DE ECONOMIA with number 003956.

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Length: 35
Date of creation: 26 Jun 2007
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Handle: RePEc:col:000094:003956
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