MONCARZ PEDRO ESTEBAN
Capítulos de libros
Título:
Sensitivity of Argentine exports to world exports
Autor/es:
DÍAZ CAFFERATA, ALBERTO; GÁNAME, MARÍA CECILIA; MONCARZ, PEDRO ESTEBAN; RECALDE, MARÍA LUISA; DÍAZ CAFFERATA, ALBERTO; NEDER, ENRIQUE
Libro:
Adjusting to globalization and structural change national and comparative research from Argentina, Brazil, and Germany
Editorial:
EUDECOR
Referencias:
Lugar: Cordoba; Año: 2004; p. 186 - 214
Resumen:
The Argentine exports performance is examined focusing on its association with world exports, an approach motivated by four stylized facts: the existence of international BCs; trade is a main channel of transmission; globalization has increased international ties; SOEs are more vulnerable to external shocks. We have found a cross-correlation of Argentine and world exports cycles of 0.67 for 1960-1997, a stronger synchronicity in open sub-periods, and an elasticity of exports with respect to world exports positive, greater than one and significant. These results suggest that external influences on Argentine exports should be better understood and incorporated in economic policy design.