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Apertura, cuenta corriente y transferencia externa en el Perú

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  • Alan Fairlie

    (Departamento de Economía- Pontificia Universidad Católica del Perú)

Abstract

This paper analyze the peruvian economy evolution since 1970 to 1993, testing the mainly growth constraint, using different alternatives of estimation with a “three gap” model. The results show that they have not been, the fiscal gap neither the saving gap, that have limitated the growth. The external constraint is the most important one that has not been eliminated because the capital flows in the nineties. But if the actual desequilibrium in the current account are not corrected, it would reappear (making worse) like a balance of payment crisis, and this is one of the structural problems in Peru.

Suggested Citation

  • Alan Fairlie, 1996. "Apertura, cuenta corriente y transferencia externa en el Perú," Documentos de Trabajo / Working Papers 1996-131, Departamento de Economía - Pontificia Universidad Católica del Perú.
    • Handle: RePEc:pcp:pucwps:wp00131
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    File URL: http://files.pucp.edu.pe/departamento/economia/DDD131.pdf
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    References listed on IDEAS

    as
    1. Dioniso Dias CArneiro & Rogerio Werneck, 1989. "Brazil: Growth exercices for the nineties," Textos para discussão 226, Department of Economics PUC-Rio (Brazil).
    2. Alan Fairlie, 1994. "Una lectura peruana del plan de convertibilidad argentino," Documentos de Trabajo / Working Papers 1994-118, Departamento de Economía - Pontificia Universidad Católica del Perú.
    3. Chenery, Hollis B., 1984. "Economic Structure and Performance," Elsevier Monographs, Elsevier, edition 1, number 9780126800609 edited by Syrquin, Moshe & Taylor, Lance & Westphal, Larry E..
    4. Alan Fairlie, 1993. "Precios relativos y cambio de régimen en el Perú: del fracaso de la heterodoxia a la hiperinflación," Documentos de Trabajo / Working Papers 1993-114, Departamento de Economía - Pontificia Universidad Católica del Perú.
    5. William S. Sessions, 1990. "Washington," Challenge, Taylor & Francis Journals, vol. 33(4), pages 57-59, July.
    6. Solimano,Andres R., 1990. "Macroeconomic constraints for medium term growth and distribution : a model for Chile," Policy Research Working Paper Series 400, The World Bank.
    7. Gloria Canales, 1992. "Tasa de cambio real efectiva y exportaciones de manufacturados. El caso de Brasil," Documentos de Trabajo / Working Papers 1992-101, Departamento de Economía - Pontificia Universidad Católica del Perú.
    8. Edmar Bacha, 1982. "Growth with limited supplies of foreign exchanges: a reappraisal of the two-gap model," Textos para discussão 26, Department of Economics PUC-Rio (Brazil).
    9. Gersovitz, Mark, 1982. "The estimation of the two-gap model," Journal of International Economics, Elsevier, vol. 12(1-2), pages 111-124, February.
    10. Dionisio Dias Carneiro & Rogerio L. F. Werneck, 1988. "External debt, economic growth and fiscal adjustment," Textos para discussão 202, Department of Economics PUC-Rio (Brazil).
    Full references (including those not matched with items on IDEAS)

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