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The Effect of External Conditions on Growth in Latin America
Author(s) -
Pär Österholm,
Jeromin Zettelmeyer
Publication year - 2008
Publication title -
imf staff papers
Language(s) - English
Resource type - Journals
eISSN - 1564-5150
pISSN - 1020-7635
DOI - 10.1057/imfsp.2008.20
Subject(s) - latin americans , economics , autoregressive model , econometrics , bayesian vector autoregression , slowdown , bayesian probability , statistics , mathematics , philosophy , linguistics , economic growth
This Working Paper should not be reported as representing the views of the IMF. The views expressed in this Working Paper are those of the author(s) and do not necessarily represent those of the IMF or IMF policy. Working Papers describe research in progress by the author(s) and are published to elicit comments,and to further debate. This paper investigates the sensitivity of Latin American GDP growth to external developments,using a Bayesian VAR model withinformative steady-state priors. The model

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