Coffee export booms and monetary disequilibrium: Some evidence for Colombia

The theoretical models that analyse the monetary consequences of export booms show that under a regime of fixed exchange rates, they affect not only the demand for money, via real income, but also the money supply via foreign exchange accumulation. Within this theoretical framework, this study propo...

Full description

Autores:
Tipo de recurso:
Fecha de publicación:
2001
Institución:
Universidad del Rosario
Repositorio:
Repositorio EdocUR - U. Rosario
Idioma:
eng
OAI Identifier:
oai:repository.urosario.edu.co:10336/22622
Acceso en línea:
https://doi.org/10.1080/00036840121935
https://repository.urosario.edu.co/handle/10336/22622
Palabra clave:
Coffee
Export
Monetary policy
National trade
Colombia
Rights
License
Abierto (Texto Completo)
id EDOCUR2_23be4086286b0831c8c32ccdb631da41
oai_identifier_str oai:repository.urosario.edu.co:10336/22622
network_acronym_str EDOCUR2
network_name_str Repositorio EdocUR - U. Rosario
repository_id_str
spelling 792428146002020-05-25T23:57:10Z2020-05-25T23:57:10Z2001The theoretical models that analyse the monetary consequences of export booms show that under a regime of fixed exchange rates, they affect not only the demand for money, via real income, but also the money supply via foreign exchange accumulation. Within this theoretical framework, this study proposes an empirical approach to determine whether the coffee booms of the second half of the 1970s and mid-1980s led to excess money supply in the Colombian economy. The findings provide evidence in favour of a direct association between coffee export booms and excess money supply, implying that external disturbances jeopardize the ability of the economic authorities to carry out successful monetary policy.application/pdfhttps://doi.org/10.1080/0003684012193536846https://repository.urosario.edu.co/handle/10336/22622engRoutledge276No. 2267Applied EconomicsVol. 33Applied Economics, ISSN:36846, Vol.33, No.2 (2001); pp. 267-276https://www.scopus.com/inward/record.uri?eid=2-s2.0-0035134148&doi=10.1080%2f00036840121935&partnerID=40&md5=c25dec64b4fb24c56b8332c1fdb13296Abierto (Texto Completo)http://purl.org/coar/access_right/c_abf2instname:Universidad del Rosarioreponame:Repositorio Institucional EdocURCoffeeExportMonetary policyNational tradeColombiaCoffee export booms and monetary disequilibrium: Some evidence for ColombiaarticleArtículohttp://purl.org/coar/version/c_970fb48d4fbd8a85http://purl.org/coar/resource_type/c_6501Otero Cardona, Jesús Gilberto10336/22622oai:repository.urosario.edu.co:10336/226222022-05-02 07:37:16.927https://repository.urosario.edu.coRepositorio institucional EdocURedocur@urosario.edu.co
dc.title.spa.fl_str_mv Coffee export booms and monetary disequilibrium: Some evidence for Colombia
title Coffee export booms and monetary disequilibrium: Some evidence for Colombia
spellingShingle Coffee export booms and monetary disequilibrium: Some evidence for Colombia
Coffee
Export
Monetary policy
National trade
Colombia
title_short Coffee export booms and monetary disequilibrium: Some evidence for Colombia
title_full Coffee export booms and monetary disequilibrium: Some evidence for Colombia
title_fullStr Coffee export booms and monetary disequilibrium: Some evidence for Colombia
title_full_unstemmed Coffee export booms and monetary disequilibrium: Some evidence for Colombia
title_sort Coffee export booms and monetary disequilibrium: Some evidence for Colombia
dc.subject.keyword.spa.fl_str_mv Coffee
Export
Monetary policy
National trade
Colombia
topic Coffee
Export
Monetary policy
National trade
Colombia
description The theoretical models that analyse the monetary consequences of export booms show that under a regime of fixed exchange rates, they affect not only the demand for money, via real income, but also the money supply via foreign exchange accumulation. Within this theoretical framework, this study proposes an empirical approach to determine whether the coffee booms of the second half of the 1970s and mid-1980s led to excess money supply in the Colombian economy. The findings provide evidence in favour of a direct association between coffee export booms and excess money supply, implying that external disturbances jeopardize the ability of the economic authorities to carry out successful monetary policy.
publishDate 2001
dc.date.created.spa.fl_str_mv 2001
dc.date.accessioned.none.fl_str_mv 2020-05-25T23:57:10Z
dc.date.available.none.fl_str_mv 2020-05-25T23:57:10Z
dc.type.eng.fl_str_mv article
dc.type.coarversion.fl_str_mv http://purl.org/coar/version/c_970fb48d4fbd8a85
dc.type.coar.fl_str_mv http://purl.org/coar/resource_type/c_6501
dc.type.spa.spa.fl_str_mv Artículo
dc.identifier.doi.none.fl_str_mv https://doi.org/10.1080/00036840121935
dc.identifier.issn.none.fl_str_mv 36846
dc.identifier.uri.none.fl_str_mv https://repository.urosario.edu.co/handle/10336/22622
url https://doi.org/10.1080/00036840121935
https://repository.urosario.edu.co/handle/10336/22622
identifier_str_mv 36846
dc.language.iso.spa.fl_str_mv eng
language eng
dc.relation.citationEndPage.none.fl_str_mv 276
dc.relation.citationIssue.none.fl_str_mv No. 2
dc.relation.citationStartPage.none.fl_str_mv 267
dc.relation.citationTitle.none.fl_str_mv Applied Economics
dc.relation.citationVolume.none.fl_str_mv Vol. 33
dc.relation.ispartof.spa.fl_str_mv Applied Economics, ISSN:36846, Vol.33, No.2 (2001); pp. 267-276
dc.relation.uri.spa.fl_str_mv https://www.scopus.com/inward/record.uri?eid=2-s2.0-0035134148&doi=10.1080%2f00036840121935&partnerID=40&md5=c25dec64b4fb24c56b8332c1fdb13296
dc.rights.coar.fl_str_mv http://purl.org/coar/access_right/c_abf2
dc.rights.acceso.spa.fl_str_mv Abierto (Texto Completo)
rights_invalid_str_mv Abierto (Texto Completo)
http://purl.org/coar/access_right/c_abf2
dc.format.mimetype.none.fl_str_mv application/pdf
dc.publisher.spa.fl_str_mv Routledge
institution Universidad del Rosario
dc.source.instname.spa.fl_str_mv instname:Universidad del Rosario
dc.source.reponame.spa.fl_str_mv reponame:Repositorio Institucional EdocUR
repository.name.fl_str_mv Repositorio institucional EdocUR
repository.mail.fl_str_mv edocur@urosario.edu.co
_version_ 1814167580313649152