Determinantes de la Diversificación Exportadora: Enfoque Bayesiano
Journal Title: REVISTA DE ANÁLISIS ECONÓMICO Y FINANCIERO - Year 2019, Vol 2, Issue 1
Abstract
Export diversification provides economies with various benefits such as promoting and stabilizing economic growth by reducing the volatility of export earnings and increasing productivity through positive intra- and inter-sectoral externalities. In this sense, it is relevant to be able to identify what enables the diversification of exports; however, given a disperse theoretical framework, this identification becomes an arduous task. Using the Bayesian Moving Average methodology, this document tries to discover which idiosyncratic factors of each country are relevant to explain greater export diversification in the long term. The results suggest that six elements are the most important for predicting export diversification. These elements are: i) income from natural resources, ii) population, iii) gross capital formation (capital stock), iv) secondary education, v) credit to the private sector, and vi) human capital. These results are in line with the results obtained in the literature.
Authors and Affiliations
Ricardo Najarro Chuchón, Cesar Salinas Depaz
Keywords
Related Articles
- EP ID EP700752
- DOI https://doi.org/10.24265/raef.2019.v2n1.9
- Views 113
- Downloads 0
Perú: performance regional de la economía y la salud en el contexto del coronavirus
The objective of this study is to analyze the impacts of Covid 19 on the Peruvian regional economy and health jointly, measured by the Covid 19 Regional Performance Index (IPCR19). The research shows that the degree of i...
Permanencia en educación universitaria en Perú
This research presents an empirical analysis of the permanence decisions of university students in the context of the implementation of the university reform initiated in 2014 in Peru. One of the pillars of this reform i...
Sistema de Pensiones en el Perú: La siguiente reforma
This article proposes a reform of the pension system in Peru, which consists of creating a public and autonomous Pension Fund Administrator, which performs the tasks of the current National Pension System and the Private...
El rol de los ingresos en los modelos de elección discreta. Su importancia en los proyectos de evaluación
Research on discrete choice models based on microeconomic principles has developed a framework for detecting the income effect to estimate demands or even measure well-being with special emphasis on the transport sector....
Impuesto a la riqueza en épocas de la COVID-19: El caso peruano
The economic policy of the Peruvian government is to contain the economic disaster caused by COVID-19. In order to quickly reactivate the economy, the government adopts some measures and others are still under evaluation...