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- W156799940 abstract "espanolEl estudio de las importaciones se fundamenta tradicionalmente en un comportamiento lineal de estas, si bien la realidad sugiere una dinamica mas compleja. En su comportamiento influyen, principalmente, el nivel de actividad economica y los precios, sustentando la teoria economica una relacion lineal de largo plazo entre estas variables. Este trabajo investiga si las desviaciones de corto plazo de las importaciones muestran tambien una evolucion lineal o no. La evidencia empirica, basada en las importaciones espanolas de bienes, revela no linealidad en sus desviaciones de corto plazo y se demuestra que, tras esta asimetria, subyace el estado ciclico de la economia. EnglishThe analysis of imports has traditionally been based on the linearity assumption, even though empirical evidence suggests more complex dynamics. Their behaviour is mainly influenced by the level of economic activity and prices, and economic theory maintains a linear long-run relationship linking these variables. This paper investigates whether short-run deviations of imports from this equilibrium also show a linear evolution or not. Empirical evidence based on Spanish imports of goods reveals the existence of non-linearity in their short-run deviations and it is also demonstrated that the underlying factor behind this asymmetric behaviour is the cyclical state of the economy" @default.
- W156799940 created "2016-06-24" @default.
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- W156799940 date "2012-01-01" @default.
- W156799940 modified "2023-09-24" @default.
- W156799940 title "Importaciones, ciclo económico y competitividad: una aproximación no lineal" @default.
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