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Medidas Alternativas De Tasa De Cambio Real Para Colombia

Author

Listed:
  • Gloria Alonso Masmela
  • Juan Nicólas Hernández
  • José David Pulido
  • Martha Lucía Villa

Abstract

En un escenario como el actual, de continua apreciación nominal del pesocolombiano frente al dólar, se hace relevante insistir en el uso de un concepto másamplio, como es la tasa de cambio real (TCR), para examinar las causas de laapreciación y evaluar la competitividad del país. Son muchos los enfoques a partirde los cuales se aborda el concepto de esta variable y por ello nació la idea delObservatorio de TCR. Su propósito esencial es centralizar y proveer las herramientasnecesarias para su análisis respondiendo a las inquietudes de los agentesinvolucrados y constituyéndose en un elemento para la toma de decisiones de políticaeconómica. En este documento se proponen medidas alternativas de fácilseguimiento para evaluar periódicamente la evolución de la TCR y se analiza deforma preliminar qué tan desalineadas están sus distintas variantes respecto de sunivel de largo plazo. Las medidas alternativas muestran tendencias similares a lasmediciones tradicionales, aunque difieren en la magnitud e interpretación del efecto.En cuanto a los determinantes del TCR a nivel global las ganancias en productividadrelativa derivan en una moneda más fuerte. La información disponible sugiere que laindustria colombiana ha incrementado su productividad, en especial si se comparacon Estados Unidos y que el nivel actual del tipo de cambio real es cercano a aquelque es consistente con el grado de desarrollo de la economía.

Suggested Citation

  • Gloria Alonso Masmela & Juan Nicólas Hernández & José David Pulido & Martha Lucía Villa, 2008. "Medidas Alternativas De Tasa De Cambio Real Para Colombia," BORRADORES DE ECONOMIA 004679, BANCO DE LA REPÚBLICA.
  • Handle: RePEc:col:000094:004679
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    References listed on IDEAS

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    Citations

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    Cited by:

    1. Rafael Puyana Martínez-Villaba, 2010. "El efecto Balassa-Samuelson en Colombia," Borradores de Economia 630, Banco de la Republica de Colombia.
    2. Rafael Puyana, 2010. "El efecto Balassa-Samuelson en Colombia," BORRADORES DE ECONOMIA 007801, BANCO DE LA REPÚBLICA.
    3. Deicy Cristiano & Anderson Grajales & Mario Ramos, 2011. "Clasificación de la economía colombiana entre actividades transables y no transables," Borradores de Economia 675, Banco de la Republica de Colombia.
    4. Orlando Lorduy Herrera, 2015. "La paridad del poder adquisitivo: nueva evidencia para Colombia y Latinoamérica," Revista CIFE, Universidad Santo Tomás, February.
    5. Rafael Puyana Martínez-Villalba, 2011. "El efecto Balassa-Samuelson en Colombia," Documentos CEDE 007959, Universidad de los Andes - CEDE.
    6. Gómez Aguirre Mario & Rodríguez Chávez José Carlos, 2013. "El efecto Harrod-Balassa-Samuelson. El caso de México," Contaduría y Administración, Accounting and Management, vol. 58(3), pages 121-147, julio-sep.

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    More about this item

    Keywords

    Índice de Tasa de Cambio; Productividad; Competitividad; Paridad de Poder deCompra; Costo Laboral Unitario; Balassa- Samuelson;
    All these keywords.

    JEL classification:

    • F31 - International Economics - - International Finance - - - Foreign Exchange
    • O47 - Economic Development, Innovation, Technological Change, and Growth - - Economic Growth and Aggregate Productivity - - - Empirical Studies of Economic Growth; Aggregate Productivity; Cross-Country Output Convergence
    • J30 - Labor and Demographic Economics - - Wages, Compensation, and Labor Costs - - - General

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