Las exportaciones uruguayas y el tipo de cambio real: un análisis sectorial a través de modelos VECM- 1993-2010

Alvaro Brunini () and Gabriela Mordecki
Additional contact information
Alvaro Brunini: Universidad de la República (Uruguay). Facultad de Ciencias Económicas y de Administración. Instituto de Economí­a

No 11-13, Documentos de Trabajo (working papers) from Instituto de Economía - IECON

Abstract: Here we analyze the relationship between the Uruguayan exports: beef, dairy, chemicals and plastics, and the sectorial real exchange rate (TCRES), from January-93 to December-09 studying the possible cointegration between the variables. The results differ across sectors analyzed. International demand was silgnificant in all models. Upon disposal, most of the TCRES became significant with the expected sign, except plastic exports. This would not be checking at least in these cases, the theoretical relationship between increases on exports and improved competitiveness as measured by the real exchange rate. This raises new questions and an extensive agenda for future work.

Keywords: Exportaciones; Tipo de cambio real sectorial; Competitividad (search for similar items in EconPapers)
JEL-codes: F19 F41 O24 (search for similar items in EconPapers)
Pages: 36 pages
Date: 2011-12
References: Add references at CitEc
Citations: View citations in EconPapers (1)

Downloads: (external link)
https://hdl.handle.net/20.500.12008/4202 (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:ulr:wpaper:dt-13-11

Access Statistics for this paper

More papers in Documentos de Trabajo (working papers) from Instituto de Economía - IECON Contact information at EDIRC.
Bibliographic data for series maintained by Lorenza Pérez ().