Sincronización en américa latina

The economic integration is reflected in growing trade in goods, financial movements and foreign direct investment, events that have led to greater synchronization of business cycles worldwide. We study the economic synchronicity in Latin America following the methodology of previous literature in o...

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Autores:
Hurtado Rendón, Álvaro Arturo
Patiño Restrepo, Ana María
González, Germán Héctor
Tipo de recurso:
Fecha de publicación:
2012
Institución:
Universidad EAFIT
Repositorio:
Repositorio EAFIT
Idioma:
spa
OAI Identifier:
oai:repository.eafit.edu.co:10784/542
Acceso en línea:
http://hdl.handle.net/10784/542
Palabra clave:
Growth
Business Cycle
Synchronization
Crecimiento económico
ciclo económico
sincronización económica
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Acceso abierto
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Summary:The economic integration is reflected in growing trade in goods, financial movements and foreign direct investment, events that have led to greater synchronization of business cycles worldwide. We study the economic synchronicity in Latin America following the methodology of previous literature in order to attach new evidence. The frame of reference is the Free Trade Area of the Americas (FTAA) because of its historical relevance and its possibilities beyond 2012. We conclude that although there were some important relationships, we not detected the existence of a common cycle to invite suggests the existence of full synchronization.