Comercio exterior colombiano y su financiación con la banca local: un análisis a nivel de firma

Sergio Restrepo; Jorge Niño; Enrique Montes

doi:10.17533/udea.le.n81a5

Autores/as

Sergio Restrepo Banco de la República
Jorge Niño Banco de la República
Enrique Montes Banco de la República

DOI:

https://doi.org/10.17533/udea.le.n81a5

Palabras clave:

datos de panel, variable instrumental, comercio internacional, crédito

Resumen

En este trabajo se estima la elasticidad de las exportaciones y las importaciones al crédito otorgado por la banca comercial, usando información cruzada a nivel de firmas en Colombia. Replicando la metodología empírica de Paravisini et al. (2011), se encontró que una reducción del crédito de 10% reduce el valor exportado e importado en 3,95% y 5,12% y el volumen en 2,33% y 3,63%, respectivamente. Se hace uso de la metodología de panel de datos con variables instrumentales para controlar por otros factores que afectan la demanda de crédito por parte de las firmas.

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Biografía del autor/a

Sergio Restrepo, Banco de la República

Profesional Especializado del Banco de la República

Jorge Niño, Banco de la República

Profesional Especializado del Banco de la República

Enrique Montes, Banco de la República

Jefe Sector Externo del Banco de la República

Citas

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