Impactos de los choques externos, ciclos económicos y arreglos preferenciales comerciales sobre la producción agropecuaria en el Perú, 1950-2007

Mario Tello

No 2009-277, Documentos de Trabajo / Working Papers from Departamento de Economía - Pontificia Universidad Católica del Perú

Abstract: This paper estimates the impact of external shocks, business cycle, and a set of six preferential trade arrangements that Peruvian economy has faced during period 1950-2007 upon the agriculture product and its two components, the external and internal product. The results indicate that external shocks and business cycle that affected to the per capita GDP of the whole economy also have affected to the per capita agriculture GDP and its two components. The impacts on the relative prices of the total output and its two components, in general, have been weaker. On the other hand, the set of six preferential arrangements have not affected in a significant way to the aggregated agriculture per capita GDP in particular to its internal component. In contrast, these arrangements did affect to the agriculture relative prices, particularly upon the external component of the agriculture sector.

Keywords: external shocks; business cycle; six preferential (search for similar items in EconPapers)
Pages: 36 pages
Date: 2009
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