The peruvian mining boom and dutch disease. Empirical evidence from 2003 to 2020 ; El boom minero peruano y la enfermedad holandesa. Evidencia empírica del 2003 al 2020.
The aim of this paper is to verify whether Peru has suffered from Dutch disease. To do this, a VARX model with monthly data from 2003 to 2020 is used to analyze whether the mining boom prices of the 2000s and 2010s have had a negative impact on the real sector, especially on non-primary manufacturing. Results show that a real exchange rate shock explains 8.2% of the variation in non-primary manufacturing. Even though the effect is significant, it is relatively small, and this is due to the Peruvian Central Bank intervening to reduce exchange rate volatility ; El objetivo de este artículo es ve... Mehr ...
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Dokumenttyp: | Artikel |
Erscheinungsdatum: | 2023 |
Verlag/Hrsg.: |
Universidad Nacional de Colombia - Sede Bogotá - Facultad de Ciencias Económicas - Escuela de Economía
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Schlagwörter: | Dutch disease / VARX estimation / Mineral price boom / Peru / Enfermedad holandesa / Estimación VARX / Auge de precio de los minerales / Perú |
Sprache: | Englisch |
Permalink: | https://search.fid-benelux.de/Record/base-27445177 |
Datenquelle: | BASE; Originalkatalog |
Powered By: | BASE |
Link(s) : | https://revistas.unal.edu.co/index.php/ceconomia/article/view/94529 |