TY  - JOUR 
TI  - ¿Crecer para exportar o exportar para crecer? El caso del Valle del Cauca.
JO  - Borradores de Economía y Finanzas; No. 2 - Marzo 2005
PB  - Universidad Icesi
PY  - 2005
issn 19001568
AB  - This document investigates the validity of the export-led growth hypothesis using annual
data for the Valle del Cauca (Colombia) from 1960 to 2000. No evidence is found to support the
causal relation behind the export-led growth hypothesis. A VAR model that includes the regional
output, the regional exports and, two control variables: national output and real exchange rate is
employed. The results show a causal relation that goes from output to exports. The estimated
impulse-response functions indicate that output in the Valle del Cauca generates a positive impact on
exports while the opposite does not occur. The regional level results (Valle del Cauca) are consistent
with the national level results (Colombia).
KW  - Exportaciones
KW  - Valle del Cauca (Colombia)
KW  - Export-Led-Growth
KW  - Growth-Driven exports
KW  - Prueba de causalidad
KW  - Economía
KW  - Econometría
KW  - Economics
KW  - Econometrics models
UR  - http://hdl.handle.net/10906/65247
ER  -