Cointegration of economic growth and external balance in Colombia: 1963-2016

Barón Ortegón, Brayan Alexander

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@book{ Barón Ortegón2018,
 title = {Cointegration of economic growth and external balance in Colombia: 1963-2016},
 author = {Barón Ortegón, Brayan Alexander},
 year = {2018},
 pages = {34},
 urn = {https://nbn-resolving.org/urn:nbn:de:0168-ssoar-58085-2},
 abstract = {In this paper is analyzed the relation between GDP growth and External balance in Colombia for the study period (1963-2016) by using a VECM. Supposing everything else unchanged, we conclude that Colombian external balance granger caused GDP growth and there was indeed a long run relation between both variables. This outcome helps to explain the Colombian GDP growth dynamics over the last fifty years and the impact of trade policy on economic growth.},
 keywords = {Wirtschaftswachstum; economic growth; Kolumbien; Colombia; Handelsbilanz; trade balance; Gleichgewicht; equilibrium; Handelspolitik; trade policy; 20. Jahrhundert; twentieth century; 21. Jahrhundert; twenty-first century}}