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Causalidad de Granger entre composición de las exportaciones, crecimiento económico y producción de energía eléctrica: evidencia empírica para Latinoamérica

Lecturas de Economía

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Title Causalidad de Granger entre composición de las exportaciones, crecimiento económico y producción de energía eléctrica: evidencia empírica para Latinoamérica
Granger causality between exports, economic growth and electricity production: empirical evidence for Latin America
 
Creator Vera Vargas, Javier Alejandro
Kristjanpoller Rodríguez, Werner
 
Subject crecimiento económico; composición de las exportaciones; producción de energía eléctrica; cointegración de datos de panel; Latinoamérica.

economic growth; export composition; electricity production; panel data cointegration; Latin America.

 
Description El presente trabajo examina la relación causal de corto y largo plazo entre el crecimiento económico, la composición de las exportaciones y la producción de energía eléctrica, utilizando el enfoque de cointegración de datos de panel para 14 países latinoamericanos entre los años 1971 y 2010. El análisis considera en primera instancia las exportaciones de forma agregada para luego desagregar en 12 sectores industriales y, finalmente, según el uso intensivo de tecnología. Los resultados indican que el crecimiento económico de largo plazo de la región depende de las exportaciones no tecnológicas; asimismo, las políticas que afectan negativamente la producción de energía eléctrica no impactan el PIB en el corto plazo, pero sí en el largo plazo.
This paper examines the causal short-run and long-run relationship between economic growth, export composition and electricity production using panel cointegration techniques for 14 Latin American countries in the period 1971-2010. The analysis is performed considering first aggregate exports, and then breaking down into 12 industrial sectors to finally take account of the intensive use of technology. The results indicate that long-term economic growth depends on non-technology exports and that policies adversely affecting electricity production do not impact GDP in the short term, but they do in the long run.
 
Publisher Universidad de Antioquia
 
Contributor

 
Date 2017-01-31
 
Type info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion



 
Format application/pdf
 
Identifier http://aprendeenlinea.udea.edu.co/revistas/index.php/lecturasdeeconomia/article/view/327051
10.17533/udea.le.n86a02
 
Source Lecturas de Economía; No 86 (2017); 25-62
Lecturas de Economía; No 86 (2017); 25-62
2323-0622
0120-2596
 
Language spa
 
Relation http://aprendeenlinea.udea.edu.co/revistas/index.php/lecturasdeeconomia/article/view/327051/20784274
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