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...

Повний опис

Бібліографічні деталі
Автор: Osterholm, Par
Інші автори: Abrego, Lisandro
Формат: Журнал
Мова:English
Опубліковано: Washington, D.C. : International Monetary Fund, 2008.
Серія:IMF Working Papers; Working Paper ; No. 2008/046
Онлайн доступ:Full text available on IMF