TY - JOUR
T1 - El efecto Harrod Balassa Samuelson y el papel de la demanda: evidencia internacional de datos de panel
AU - Ontaneda Jimenez, Diego Danny
PY - 2020/1/1
Y1 - 2020/1/1
N2 - e study jointly analyzes the impact of labor productivity and demand factors in determining the real exchange rate. For this, the
formalization of the Harrod-Balassa-Samuelson effect (HBS) is taken as a starting point, and the demand factors are analyzed from
the point of view of government spending and per capita income. e empirical analysis is carried out for the period 1970-2010
using fixed-effect panel data regression models and the Generalized Moment Model (GMM) for a sample of 40 countries from
different regions. e results provide evidence in favor of the HBS effect and the importance of demand factors in determining
the real exchange rate. e results have important policy implications to help countries improve competitiveness
AB - e study jointly analyzes the impact of labor productivity and demand factors in determining the real exchange rate. For this, the
formalization of the Harrod-Balassa-Samuelson effect (HBS) is taken as a starting point, and the demand factors are analyzed from
the point of view of government spending and per capita income. e empirical analysis is carried out for the period 1970-2010
using fixed-effect panel data regression models and the Generalized Moment Model (GMM) for a sample of 40 countries from
different regions. e results provide evidence in favor of the HBS effect and the importance of demand factors in determining
the real exchange rate. e results have important policy implications to help countries improve competitiveness
KW - Tipo de cambio real; Harrod-Balassa-Samuelson; Demanda países; Datos de panel
KW - Tipo de cambio real; Harrod-Balassa-Samuelson; Demanda países; Datos de panel
UR - https://publicaciones.ucuenca.edu.ec/ojs/index.php/REP/article/view/3188/2334
M3 - Artículo
SN - 1390-7921
JO - Revista Economía y Política
JF - Revista Economía y Política
ER -