Browsing FCE - Congresos 2013 by Subject "Terms of trade"
Now showing items 1-2 of 2
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Capital flows to developing countries and terms of trade shocks
(Banco Central del Uruguay, 2013-11)This paper studies the relationship between FDI inflows and terms-of-trade shocks. We examine the existing literature related to the "Lucas Paradox", and analyze theoretically how a terms-of-trade shock would impact on ... -
Terms of trade and potential output in Argentina
(Asociación Argentina de Economía Política, 2013-11)This paper uses an equilibrium correction model to estimate Argentina’s potential output in the 1913-2011 period. The long-term equilibrium is represented by a Cobb-Douglas production function with three factors: capital, ...