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Causalidad y desarrollo económico: Análisis econométrico de los países de la OCDE, 1965-2005

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  • Guisan, M.C.

Abstract

This paper presents an analysis and classification causality relationships in Econometrics, with particular focus on economic development, having into account the changes in direction of causality, in disequilibrium models, and other views from demand and supply sides. We analyze the evolution of employment rates, real wages and real Gross Domestic Product per capita in Spain, Germany, The United Kingdom, the United States and other OECD countries for 1965-2005 and present applications of the Granger´s test and other methods to analyze causal relationships. Este documento presenta un análisis y clasificación de las relaciones causales en Econometría, con especial referencia al desarrollo económico, teniendo en cuenta los cambios en la dirección de causalidad, en modelos de desequilibrio, y otras perspectivas desde el lado de la oferta y el lado de la demanda. Analizamos la evolución del empleo, el salario real y el PIB por habitante en España, Alemania, Gran Bretaña, Estados Unidos. y otros países de la OCDE durante el período 1965-2005 y presentamos los resultados de aplicar el test de Granger y otros métodos de análisis de relaciones causales.

Suggested Citation

  • Guisan, M.C., 2007. "Causalidad y desarrollo económico: Análisis econométrico de los países de la OCDE, 1965-2005," Economic Development 95, University of Santiago de Compostela. Faculty of Economics and Business. Econometrics..
    • Handle: RePEc:eaa:ecodev:95
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    Cited by:

    1. FRIAS-PINEDO, Isidro, 2013. "Oil Price Shocks And The Business Cycle In Spain: Is The 2008 Financial Crisis Different?," Applied Econometrics and International Development, Euro-American Association of Economic Development, vol. 13(2), pages 15-26.

    More about this item

    JEL classification:

    • B41 - Schools of Economic Thought and Methodology - - Economic Methodology - - - Economic Methodology
    • C51 - Mathematical and Quantitative Methods - - Econometric Modeling - - - Model Construction and Estimation
    • C52 - Mathematical and Quantitative Methods - - Econometric Modeling - - - Model Evaluation, Validation, and Selection
    • O51 - Economic Development, Innovation, Technological Change, and Growth - - Economywide Country Studies - - - U.S.; Canada
    • E2 - Macroeconomics and Monetary Economics - - Consumption, Saving, Production, Employment, and Investment
    • E24 - Macroeconomics and Monetary Economics - - Consumption, Saving, Production, Employment, and Investment - - - Employment; Unemployment; Wages; Intergenerational Income Distribution; Aggregate Human Capital; Aggregate Labor Productivity
    • O52 - Economic Development, Innovation, Technological Change, and Growth - - Economywide Country Studies - - - Europe
    • O57 - Economic Development, Innovation, Technological Change, and Growth - - Economywide Country Studies - - - Comparative Studies of Countries

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