Relación de largo plazo y análisis de causalidad y sensibilidad entre los salarios reales y la productividad laboral en el sector manufacturero a partir de cifras de los departamentos en Colombia

This article focuses on identifying the relation between wages and productivity. To demonstrate if there is a long-term relation between these variables, unit root and cointegration tests were applied to determine if the series shared common stochastic tendencies. A vector autoregressive model (VAR)...