External Linkages and Economic Growth in Colombia : Insights from A Bayesian VAR Model /

This paper investigates the sensitivity of Colombian GDP growth to the surroundingmacroeconomic environment. We estimate a Bayesian VAR model with informative steady-statepriors for the Colombian economy using quarterly data from 1995 to 2007. A variancedecomposition shows that world GDP growth and...

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Dades bibliogràfiques
Autor principal: Osterholm, Par
Altres autors: Abrego, Lisandro
Format: Revista
Idioma:English
Publicat: Washington, D.C. : International Monetary Fund, 2008.
Col·lecció:IMF Working Papers; Working Paper ; No. 2008/046
Accés en línia:Full text available on IMF