Determinantes de la Diversificación Exportadora: Enfoque Bayesiano
Export diversification provides economies with various benefits such as promoting and stabilizing economic growth by reducing the volatility of export earnings and increasing productivity through positive intra- and intersectoral externalities. In this sense, it is relevant to be able to identify wh...
| Main Authors: | , |
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| Format: | Article |
| Language: | English |
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Universidad de San Martín de Porres
2019-01-01
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| Series: | Revista de Análisis Económico y Financiero |
| Subjects: | |
| Online Access: | http://contabilidadyeconomiausmp.edu.pe/OJS2020/index.php/RAEF/article/view/9 |
| _version_ | 1818478719708168192 |
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| author | Ricardo Najarro Chuchón Cesar Salinas Depaz |
| author_facet | Ricardo Najarro Chuchón Cesar Salinas Depaz |
| author_sort | Ricardo Najarro Chuchón |
| collection | DOAJ |
| description | Export diversification provides economies with various benefits such as promoting and stabilizing economic growth by reducing the volatility of export earnings and increasing productivity through positive intra- and intersectoral externalities. In this sense, it is relevant to be able to identify what enables the diversification of exports; however, given a disperse theoretical framework, this identification becomes an arduous task. Using the Bayesian Moving Average methodology, this document tries to discover which idiosyncratic factors of each country are relevant to explain greater export diversification in the long term. The results suggest that six elements are the most important for predicting export diversification. These elements are: i) income from natural resources, ii) population, iii) gross capital formation (capital stock), iv) secondary education, v) credit to the private sector, and vi) human capital. These results are in line with the results obtained in the literature.
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| first_indexed | 2024-12-10T09:51:33Z |
| format | Article |
| id | doaj.art-4fc7a913a52c470585bf09210c2d9cd7 |
| institution | Directory Open Access Journal |
| issn | 2617-9989 2663-8908 |
| language | English |
| last_indexed | 2024-12-10T09:51:33Z |
| publishDate | 2019-01-01 |
| publisher | Universidad de San Martín de Porres |
| record_format | Article |
| series | Revista de Análisis Económico y Financiero |
| spelling | doaj.art-4fc7a913a52c470585bf09210c2d9cd72022-12-22T01:53:40ZengUniversidad de San Martín de PorresRevista de Análisis Económico y Financiero2617-99892663-89082019-01-01212335https://doi.org/10.24265/raef.2019.v2n1.9Determinantes de la Diversificación Exportadora: Enfoque BayesianoRicardo Najarro Chuchón0Cesar Salinas Depaz1Ministerio de Economía y FinanzasUniversidad de San Martín de PorresExport diversification provides economies with various benefits such as promoting and stabilizing economic growth by reducing the volatility of export earnings and increasing productivity through positive intra- and intersectoral externalities. In this sense, it is relevant to be able to identify what enables the diversification of exports; however, given a disperse theoretical framework, this identification becomes an arduous task. Using the Bayesian Moving Average methodology, this document tries to discover which idiosyncratic factors of each country are relevant to explain greater export diversification in the long term. The results suggest that six elements are the most important for predicting export diversification. These elements are: i) income from natural resources, ii) population, iii) gross capital formation (capital stock), iv) secondary education, v) credit to the private sector, and vi) human capital. These results are in line with the results obtained in the literature. http://contabilidadyeconomiausmp.edu.pe/OJS2020/index.php/RAEF/article/view/9export diversificationeconomic growthbayesian moving average approach |
| spellingShingle | Ricardo Najarro Chuchón Cesar Salinas Depaz Determinantes de la Diversificación Exportadora: Enfoque Bayesiano Revista de Análisis Económico y Financiero export diversification economic growth bayesian moving average approach |
| title | Determinantes de la Diversificación Exportadora: Enfoque Bayesiano |
| title_full | Determinantes de la Diversificación Exportadora: Enfoque Bayesiano |
| title_fullStr | Determinantes de la Diversificación Exportadora: Enfoque Bayesiano |
| title_full_unstemmed | Determinantes de la Diversificación Exportadora: Enfoque Bayesiano |
| title_short | Determinantes de la Diversificación Exportadora: Enfoque Bayesiano |
| title_sort | determinantes de la diversificacion exportadora enfoque bayesiano |
| topic | export diversification economic growth bayesian moving average approach |
| url | http://contabilidadyeconomiausmp.edu.pe/OJS2020/index.php/RAEF/article/view/9 |
| work_keys_str_mv | AT ricardonajarrochuchon determinantesdeladiversificacionexportadoraenfoquebayesiano AT cesarsalinasdepaz determinantesdeladiversificacionexportadoraenfoquebayesiano |