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Inflaci�n y apertura: evidencia para Colombia (1980-2005)

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  • Carlos Esteban Posada
  • Camilo Morales J.

Abstract

En los �ltimos a�os se ha desarrollado en la literatura internacional una corriente de estudio enfocada aexaminar los efectos del libre comercio sobre la inflaci�n. Este trabajo pone a prueba la hip�tesis de unaconexi�n entre el grado de apertura de la econom�a colombiana y su tasa de inflaci�n. Con un modelo Pestrella,el art�culo muestra que una mayor apertura al comercio internacional no implica mayores omenores tasas de inflaci�n sino una mayor sensibilidad de esta a choques externos. El ejercicio requiri�la construcci�n de tres variables: inflaci�n externa, devaluaci�n nominal del peso contra las monedasdel mundo y un indicador de protecci�n comercial.

Suggested Citation

  • Carlos Esteban Posada & Camilo Morales J., 2007. "Inflaci�n 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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    Keywords

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    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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