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La influencia regional sobre la economía uruguaya - un ánalisis de los últimos veinte años

  • Bibiana Lanzilotta

    ()

    (Universidad de la República (Uruguay). Facultad de Ciencias Económicas y de Administración. Instituto de Economía)

  • Cecilia Llambí

    ()

    (Universidad de la República (Uruguay). Facultad de Ciencias Económicas y de Administración. Instituto de Economía)

  • Gabriela Mordecki

    ()

    (Universidad de la República (Uruguay). Facultad de Ciencias Económicas y de Administración. Instituto de Economía)

The purpose of this paper is to estimate the influence of Argentina and Brazil on the Uruguayan economy between 1980 and 2002. The analysis of the relations between the regional GDPs indicated the existence of a long-term equilibrium between the growth rates of Argentina, Brazil and Uruguay. Particularly, the growth rate of Uruguay is determined in the long-run by the mean of the growth rates of Argentina and Brazil. In addition, demand equations of Uruguayan exports from Argentina and Brazil were estimated in order to analyze in detail one of the channels by which this relation is verified. The empirical approach consisted in Cointegration techniques and Autorregressive Vectors with Error Correction Mechanism (VECM).

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File URL: http://www.iecon.ccee.edu.uy/download.php?len=es&id=68&nbre=dt-01-03.pdf&ti=application/x-download&tc=Publicaciones
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Paper provided by Instituto de Economía - IECON in its series Documentos de Trabajo (working papers) with number 03-01.

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Length: 77 pages
Date of creation: Jan 2003
Date of revision:
Handle: RePEc:ulr:wpaper:dt-01-03
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