MONCARZ PEDRO ESTEBAN
Congresos y reuniones científicas
Título:
Sensitivity of Argentine exports to world exports
Autor/es:
ALBERTO M. DÍAZ CAFFERATA; MARÍA C. GÁNAME; PEDRO E. MONCARZ
Lugar:
Tucumán
Reunión:
Congreso; XXXVII Reunión de la Asociación Argentina de Economía Política; 2002
Institución organizadora:
Asociación Argentina de Economía Política
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.