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Inflación y apertura: evidencia para Colombia (1980-2005)

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  • Carlos Esteban Posada P.
  • Camilo Morales J.

Abstract

En los últimos años se ha desarrollado en la literatura internacional una corriente de estudio enfocada a examinar los efectos del libre comercio sobre la inflación. Este trabajo pone a prueba la hipótesis de una conexión entre el grado de apertura de la economía colombiana y su tasa de inflación. Con un modelo P-estrella, el artículo muestra que una mayor apertura al comercio internacional no implica mayores o menores tasas de inflación sino una mayor sensibilidad de esta a choques externos. El ejercicio requirió la construcción de tres variables: inflación externa, devaluación nominal del peso contra las monedas del mundo y un indicador de protección comercial.

Suggested Citation

  • Carlos Esteban Posada P. & Camilo Morales J., 2007. "Inflación y apertura: evidencia para Colombia (1980-2005)," Borradores de Economia 460, Banco de la Republica de Colombia.
    • Handle: RePEc:bdr:borrec:460
    DOI: 10.32468/be.460
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    References listed on IDEAS

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    Full references (including those not matched with items on IDEAS)

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    More about this item

    Keywords

    Apertura; inflación; devaluación; inflación externa; tarifa media arancelaria; P-estrella.;
    All these keywords.

    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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