The Effect of External Conditions on Growth in Latin America /
This paper investigates the sensitivity of Latin American GDP growth to external developments using a Bayesian VAR model with informative steady-state priors. The model is estimated on quarterly data from 1994 to 2006 on key external and Latin American variables. It finds that 50 to 60 percent of th...
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Format: | Tidsskrift |
Sprog: | English |
Udgivet: |
Washington, D.C. :
International Monetary Fund,
2007.
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Serier: | IMF Working Papers; Working Paper ;
No. 2007/176 |
Online adgang: | Full text available on IMF |