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Inflación y apertura: evidencia para Colombia (1980-2005)

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  • Carlos Esteban Posada
  • Camilo Morales J.

Abstract

En los últimos años se ha desarrollado en la literatura internacional una corriente de estudio enfocada aexaminar los efectos del libre comercio sobre la inflación. Este trabajo pone a prueba la hipótesis de unaconexión entre el grado de apertura de la economía colombiana y su tasa de inflación. Con un modelo Pestrella,el artículo muestra que una mayor apertura al comercio internacional no implica mayores omenores tasas de inflación sino una mayor sensibilidad de esta a choques externos. El ejercicio requirióla construcción de tres variables: inflación externa, devaluación nominal del peso contra las monedasdel mundo y un indicador de protección comercial.

Suggested Citation

  • Carlos Esteban Posada & Camilo Morales J., 2007. "Inflación y apertura: evidencia para Colombia (1980-2005)," Borradores de Economia 4286, Banco de la Republica.
    • Handle: RePEc:col:000094:004286
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    References listed on IDEAS

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    More about this item

    Keywords

    apertura; inflación; devaluación; inflación externa; tarifa media arancelaria; P-estrella.;
    All these keywords.

    JEL classification:

    • E31 - Macroeconomics and Monetary Economics - - Prices, Business Fluctuations, and Cycles - - - Price Level; Inflation; Deflation
    • F13 - International Economics - - Trade - - - Trade Policy; International Trade Organizations
    • F15 - International Economics - - Trade - - - Economic Integration
    • F41 - International Economics - - Macroeconomic Aspects of International Trade and Finance - - - Open Economy Macroeconomics

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