Influencia de la inversión en maquinaria y equipo en el crecimiento económico de América Latina

Ilustraciones

Autores:
Gantiva Parada, Daniela
Tipo de recurso:
Fecha de publicación:
2021
Institución:
Universidad Nacional de Colombia
Repositorio:
Universidad Nacional de Colombia
Idioma:
spa
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oai:repositorio.unal.edu.co:unal/80103
Acceso en línea:
https://repositorio.unal.edu.co/handle/unal/80103
https://repositorio.unal.edu.co/
Palabra clave:
330 - Economía
Economic development
Machinery
Maquinaria
Inversiones
Investments
Desarrollo económico
Crecimiento económico
Inversión
Maquinaria y equipo
Productividad
América Latina
Economic growth
Investment
Machinery and equipment
Productivity
Latin America
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openAccess
License
Reconocimiento 4.0 Internacional
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network_name_str Universidad Nacional de Colombia
repository_id_str
dc.title.spa.fl_str_mv Influencia de la inversión en maquinaria y equipo en el crecimiento económico de América Latina
dc.title.translated.eng.fl_str_mv Influence of machinery and equipment investment on economic growth in Latin America
title Influencia de la inversión en maquinaria y equipo en el crecimiento económico de América Latina
spellingShingle Influencia de la inversión en maquinaria y equipo en el crecimiento económico de América Latina
330 - Economía
Economic development
Machinery
Maquinaria
Inversiones
Investments
Desarrollo económico
Crecimiento económico
Inversión
Maquinaria y equipo
Productividad
América Latina
Economic growth
Investment
Machinery and equipment
Productivity
Latin America
title_short Influencia de la inversión en maquinaria y equipo en el crecimiento económico de América Latina
title_full Influencia de la inversión en maquinaria y equipo en el crecimiento económico de América Latina
title_fullStr Influencia de la inversión en maquinaria y equipo en el crecimiento económico de América Latina
title_full_unstemmed Influencia de la inversión en maquinaria y equipo en el crecimiento económico de América Latina
title_sort Influencia de la inversión en maquinaria y equipo en el crecimiento económico de América Latina
dc.creator.fl_str_mv Gantiva Parada, Daniela
dc.contributor.advisor.none.fl_str_mv Orbegozo Daza, María Camila
Jalil Barney, Munir Andrés
dc.contributor.author.none.fl_str_mv Gantiva Parada, Daniela
dc.subject.ddc.spa.fl_str_mv 330 - Economía
topic 330 - Economía
Economic development
Machinery
Maquinaria
Inversiones
Investments
Desarrollo económico
Crecimiento económico
Inversión
Maquinaria y equipo
Productividad
América Latina
Economic growth
Investment
Machinery and equipment
Productivity
Latin America
dc.subject.lemb.none.fl_str_mv Economic development
Machinery
Maquinaria
Inversiones
Investments
Desarrollo económico
dc.subject.proposal.spa.fl_str_mv Crecimiento económico
Inversión
Maquinaria y equipo
Productividad
América Latina
dc.subject.proposal.eng.fl_str_mv Economic growth
Investment
Machinery and equipment
Productivity
Latin America
description Ilustraciones
publishDate 2021
dc.date.accessioned.none.fl_str_mv 2021-09-06T21:53:09Z
dc.date.available.none.fl_str_mv 2021-09-06T21:53:09Z
dc.date.issued.none.fl_str_mv 2021
dc.type.spa.fl_str_mv Trabajo de grado - Maestría
dc.type.driver.spa.fl_str_mv info:eu-repo/semantics/masterThesis
dc.type.version.spa.fl_str_mv info:eu-repo/semantics/acceptedVersion
dc.type.content.spa.fl_str_mv Text
dc.type.redcol.spa.fl_str_mv http://purl.org/redcol/resource_type/TM
status_str acceptedVersion
dc.identifier.uri.none.fl_str_mv https://repositorio.unal.edu.co/handle/unal/80103
dc.identifier.instname.spa.fl_str_mv Universidad Nacional de Colombia
dc.identifier.reponame.spa.fl_str_mv Repositorio Institucional Universidad Nacional de Colombia
dc.identifier.repourl.spa.fl_str_mv https://repositorio.unal.edu.co/
url https://repositorio.unal.edu.co/handle/unal/80103
https://repositorio.unal.edu.co/
identifier_str_mv Universidad Nacional de Colombia
Repositorio Institucional Universidad Nacional de Colombia
dc.language.iso.spa.fl_str_mv spa
language spa
dc.relation.references.none.fl_str_mv Abu Hassan Asari, F. F., & et. al. (2011). A time series analysis of the relationship between total area planted, palm oil price and production of Malaysian palm oil. World Applied Sciences Journal, 12, 34–40.
Abdi, T. (2004). Machinery & equipment investment and growth: Evidence from the Canadian manufacturing sector. In Applied Economics (Vol. 40, Issue 4). https://doi.org/10.1080/00036840600690215
Aghion, P., Bacchetta, P., Rancière, R., & Rogoff, K. (2009). Exchange rate volatility and productivity growth: The role of financial development. Journal of Monetary Economics, 56(4), 494–513. https://doi.org/10.1016/j.jmoneco.2009.03.015
Bakari, S. (2017). The Relationship between Export, Import, Domestic Investment and Economic Growth in Egypt: Empirical Analysis. EuroEconomica, 2(36), 34–43. https://econpapers.repec.org/RePEc:dug:journl:y:2017:i:2:p:34-43
Bakari, S. (2018). The Nexus between Export, Import, Domestic Investment and Economic Growth in Japan. International Academic Journal of Business Management, 05, 1–9. https://doi.org/10.9756/IAJBM/V5I2/1810017
Banco Mundial. (2018). Connecting to Compete 2018 Trade Logistics in the Global Economy The Logistics Performance Index and Its Indicators. https://openknowledge.worldbank.org/bitstream/handle/10986/29971/LPI2018.pdf.
Betancur, J.B, Orbegozo, M.C & Gantiva, D. (2018). Relación entre la tasa de inversión y el crecimiento económico en Colombia. Notas Fiscales del Ministerio de Hacienda y Crédito Público de Colombia.
Chen, B., & Pearl, J. (2015). Graphical Tools for Linear Structural Equation Modeling.
De Long, J. B., & Summers, L. H. (1991). Equipment Investment and Economic Growth. The Quarterly Journal of Economics, 106(2), 445–502. http://www.jstor.org/stable/2937944
De Long, J. B., & Summers, L. H. (1993). How strongly do developing economies benefit from equipment investment? Journal of Monetary Economics, 32(3), 395–415. https://doi.org/https://doi.org/10.1016/0304-3932(93)90024-A
DeLong, J. B., & Summers, L. (1992). Equipment Investment and Economic Growth: How Strong Is the Nexus? Brookings Papers on Economic Activity, 23(2), 157–212. https://econpapers.repec.org/RePEc:bin:bpeajo:v:23:y:1992:i:1992-2:p:157-212
Dulleck, U., & Foster, N. (2008). Imported Equipment, Human Capital and Economic Growth in Developing Countries. Economic Analysis and Policy. https://doi.org/10.1016/S0313-5926(08)50019-1
Edwards, S. (1986). Terms of Trade, Exchange Rates and Labor Markets Adjustment in Developing Countries. UCLA Economics Working Papers. https://ideas.repec.org/p/cla/uclawp/425.html
Égert, B., Kozluk, T., & Sutherland, D. (2009). Infrastructure and Growth: Empirical Evidence. https://doi.org/10.1787/225682848268
Engle, R. F., & Granger, C. W. J. (2015). Co-integration and error correction: Representation, estimation, and testing. Applied Econometrics, 39(3), 107–135. https://doi.org/10.2307/1913236
Feenstra, Robert C., Robert Inklaar and Marcel P. Timmer (2015), "The Next Generation of the Penn World Table" American Economic Review, 105(10), 3150-3182, available for download at www.ggdc.net/pwt
Habib, M. M., Stracca, L., & Mileva, E. (2016). The real exchange rate and economic growth: revisiting the case using external instruments. Working Paper Series. https://ideas.repec.org/p/ecb/ecbwps/20161921.html
Heid, B., Langer, J., & Larch, M. (2012). Income and democracy: Evidence from system GMM estimates. Economics Letters, 116(2), 166–169. https://doi.org/10.1016/j.econlet.2012.02.009
Herrerias, M. J. (2010). The causal relationship between equipment investment and infrastructures on economic growth in China. Frontiers of Economics in China, 5(4), 509–526. https://doi.org/10.1007/s11459-010-0110-4
Islam, N. (1995). Growth Empirics: A Panel Data Approach. The Quarterly Journal of Economics, 110(4), 1127–1170. https://doi.org/10.2307/2946651
Jalilian, H., & Odedokun, M. O. (2000). Equipment and non-equipment private investment: a generalized Solow model. Applied Economics, 32(3), 289–296. https://doi.org/10.1080/000368400322714
Jiménez, F. (2011). Crecimiento Económico. Enfoques y Modelos (1st ed.). Fondo Editorial - Pontificia Universidad Católica del Perú. https://econpapers.repec.org/RePEc:pcp:puclib:lde-2011-01
Johansen, S. (1991). Estimation and Hypothesis Testing of Cointegration Vectors in Gaussian Vector Autoregressive Models. Econometrica, 59(6), 1551. https://doi.org/10.2307/2938278
Johansen, S. (1995). A Statistical Analysis of Cointegration for I(2) Variables. Econometric Theory, 11(1), 25-59. Retrieved January 25, 2021, from http://www.jstor.org/stable/3532929
Khondker, B. H., Bidisha, S. H., & Razzaque, M. A. (2012). The Exchange Rate and Economic Growth An Empirical Assessment on Bangladesh.
Kose, Ayhan; Ohnsorge, Franziska Lieselotte; Ye, Lei Sandy; Islamaj, E. (2017). Weakness in investment growth : causes, implications and policy responses (WPS 7990).
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institution Universidad Nacional de Colombia
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spelling Reconocimiento 4.0 Internacionalhttp://creativecommons.org/licenses/by/4.0/info:eu-repo/semantics/openAccesshttp://purl.org/coar/access_right/c_abf2Orbegozo Daza, María Camilab11000d6a80bd1ceec70c39501e32facJalil Barney, Munir Andrésd326228ee04e01b6dde983626c220bf5600Gantiva Parada, Daniela8af57c2c3171709032ed83c838af00f82021-09-06T21:53:09Z2021-09-06T21:53:09Z2021https://repositorio.unal.edu.co/handle/unal/80103Universidad Nacional de ColombiaRepositorio Institucional Universidad Nacional de Colombiahttps://repositorio.unal.edu.co/IlustracionesEl papel de la acumulación de capital ha sido destacable en la mayoría de modelos de crecimiento económico, por tanto, la inversión pública se ha configurado como una poderosa herramienta de política para estimular la producción. No obstante, el efecto sobre el crecimiento por parte de distintos tipos de inversión puede diferir dentro de las distintas categorías. Por un lado, se encuentra la inversión en maquinaria y equipo con alto grado de tecnología intrínseca y, por otro, el resto de inversión compuesta en su mayoría por estructuras y edificaciones. Pese a que a priori ambas tendrían un efecto expansivo sobre la actividad económica, haciendo uso de datos de la Penn World Table 9.1, y mediante modelos de datos panel y modelos de Vectores de Corrección de Error, se encontró que, en términos generales, los países de América Latina deberían priorizar específicamente la inversión en maquinaria y equipo por su efecto en el crecimiento económico. Asimismo, se resalta que la inversión, más allá del tipo de bien, debe enfocarse en ser eficiente, pertinente y efectiva para promover crecimiento y desarrollo. (Texto tomado de la fuente).The role of capital accumulation has been prominent in most economic growth models, therefore, public investment has been set as a powerful policy tool to stimulate production. However, the effect on growth by different types of investment may differ; on the one hand, there is investment in machinery and equipment with a high degree of intrinsic technology and on the other, the rest of the investment consists mostly of structures and buildings. Although both should have an expansionary effect on economic activity, using data from Penn World Table 9.1 and through panel data models and Error Correction Vector models, it was found that Latin American countries should prioritize their investment in machinery and equipment because of its effect on growth, with the exception of Brazil, where the individual analysis didn’t allow a conclusion. The results also suggest that investment, beyond the type of good, should focus on being efficient, relevant and effective in promoting growth and development.Incluye anexosMaestríaMagíster en Ciencias Económicas50 páginas sin numerarapplication/pdfspaUniversidad Nacional de ColombiaBogotá - Ciencias Económicas - Maestría en Ciencias EconómicasEscuela de EconomíaFacultad de Ciencias EconómicasBogotá, ColombiaUniversidad Nacional de Colombia - Sede Bogotá330 - EconomíaEconomic developmentMachineryMaquinariaInversionesInvestmentsDesarrollo económicoCrecimiento económicoInversiónMaquinaria y equipoProductividadAmérica LatinaEconomic growthInvestmentMachinery and equipmentProductivityLatin AmericaInfluencia de la inversión en maquinaria y equipo en el crecimiento económico de América LatinaInfluence of machinery and equipment investment on economic growth in Latin AmericaTrabajo de grado - Maestríainfo:eu-repo/semantics/masterThesisinfo:eu-repo/semantics/acceptedVersionTexthttp://purl.org/redcol/resource_type/TMAbu Hassan Asari, F. F., & et. al. (2011). A time series analysis of the relationship between total area planted, palm oil price and production of Malaysian palm oil. World Applied Sciences Journal, 12, 34–40.Abdi, T. (2004). Machinery & equipment investment and growth: Evidence from the Canadian manufacturing sector. In Applied Economics (Vol. 40, Issue 4). https://doi.org/10.1080/00036840600690215Aghion, P., Bacchetta, P., Rancière, R., & Rogoff, K. (2009). Exchange rate volatility and productivity growth: The role of financial development. Journal of Monetary Economics, 56(4), 494–513. https://doi.org/10.1016/j.jmoneco.2009.03.015Bakari, S. (2017). The Relationship between Export, Import, Domestic Investment and Economic Growth in Egypt: Empirical Analysis. EuroEconomica, 2(36), 34–43. https://econpapers.repec.org/RePEc:dug:journl:y:2017:i:2:p:34-43Bakari, S. (2018). The Nexus between Export, Import, Domestic Investment and Economic Growth in Japan. International Academic Journal of Business Management, 05, 1–9. https://doi.org/10.9756/IAJBM/V5I2/1810017Banco Mundial. (2018). Connecting to Compete 2018 Trade Logistics in the Global Economy The Logistics Performance Index and Its Indicators. https://openknowledge.worldbank.org/bitstream/handle/10986/29971/LPI2018.pdf.Betancur, J.B, Orbegozo, M.C & Gantiva, D. (2018). Relación entre la tasa de inversión y el crecimiento económico en Colombia. Notas Fiscales del Ministerio de Hacienda y Crédito Público de Colombia.Chen, B., & Pearl, J. (2015). Graphical Tools for Linear Structural Equation Modeling.De Long, J. B., & Summers, L. H. (1991). Equipment Investment and Economic Growth. The Quarterly Journal of Economics, 106(2), 445–502. http://www.jstor.org/stable/2937944De Long, J. B., & Summers, L. H. (1993). How strongly do developing economies benefit from equipment investment? Journal of Monetary Economics, 32(3), 395–415. https://doi.org/https://doi.org/10.1016/0304-3932(93)90024-ADeLong, J. B., & Summers, L. (1992). Equipment Investment and Economic Growth: How Strong Is the Nexus? Brookings Papers on Economic Activity, 23(2), 157–212. https://econpapers.repec.org/RePEc:bin:bpeajo:v:23:y:1992:i:1992-2:p:157-212Dulleck, U., & Foster, N. (2008). Imported Equipment, Human Capital and Economic Growth in Developing Countries. Economic Analysis and Policy. https://doi.org/10.1016/S0313-5926(08)50019-1Edwards, S. (1986). Terms of Trade, Exchange Rates and Labor Markets Adjustment in Developing Countries. UCLA Economics Working Papers. https://ideas.repec.org/p/cla/uclawp/425.htmlÉgert, B., Kozluk, T., & Sutherland, D. (2009). Infrastructure and Growth: Empirical Evidence. https://doi.org/10.1787/225682848268Engle, R. F., & Granger, C. W. J. (2015). Co-integration and error correction: Representation, estimation, and testing. 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The Quarterly Journal of Economics, 110(4), 1127–1170. https://doi.org/10.2307/2946651Jalilian, H., & Odedokun, M. O. (2000). Equipment and non-equipment private investment: a generalized Solow model. Applied Economics, 32(3), 289–296. https://doi.org/10.1080/000368400322714Jiménez, F. (2011). Crecimiento Económico. Enfoques y Modelos (1st ed.). Fondo Editorial - Pontificia Universidad Católica del Perú. https://econpapers.repec.org/RePEc:pcp:puclib:lde-2011-01Johansen, S. (1991). Estimation and Hypothesis Testing of Cointegration Vectors in Gaussian Vector Autoregressive Models. Econometrica, 59(6), 1551. https://doi.org/10.2307/2938278Johansen, S. (1995). A Statistical Analysis of Cointegration for I(2) Variables. Econometric Theory, 11(1), 25-59. Retrieved January 25, 2021, from http://www.jstor.org/stable/3532929Khondker, B. H., Bidisha, S. H., & Razzaque, M. A. (2012). 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