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Commodity prices and business cycles in Paraguay

dc.creatorBáez, José
dc.creatorBarrail, Zulma
dc.creatorBiedermann, Gustavo
dc.date.accessioned2019-07-05T14:45:28Z
dc.date.available2019-07-05T14:45:28Z
dc.date.created2018-11-01
dc.date.issued2018-11-01
dc.identifier.citationDrechsel, Thomas and Silvana Tenreyro. 2018. "Commodity booms and busts in emerging economies." Journal of International Economics, vol 112, pp. 200-218.
dc.identifier.citationGarcía-Cicco, Javier, Roberto Pancrazi, and Martin Uribe. 2010. "Real business cycles in emerging countries?" American Economic Review, vol 100, no. 5, pp. 2510-2531.
dc.identifier.urihttp://repositorio.bcp.gov.py/handle/123456789/81
dc.description.abstractParaguay is a small open economy and net commodity exporter. The difference between commodity exports and imports has always been positive and remained on an upward trend since 1994. Net commodity exports scaled by GDP increased from around 4,8% in the second half of the 90s to approximately 10% in the last years. In addition, food commodities averaged 90% of total commodity exports in the period 1994-2017. In this paper, we build a Paraguayan specific commodity price index and quantify its relative importance as driver of business cycles in Paraguay.
dc.format.extent7 páginas
dc.format.mimetypeapplication/pdf
dc.language.isoeng
dc.relation.ispartofBoletín Macroeconómico
dc.relation.ispartofseriesBoletines Macro
dc.relation.isversionofBoletines Macro; N° 6
dc.rights.urihttp://creativecommons.org/publicdomain/zero/1.0/
dc.subjectCICLO COMERCIAL
dc.subjectPEQUEÑA ECONOMÍA ABIERTA
dc.subjectMERCADOS EMERGENTES
dc.subjectPRECIOS DE PRODUCTOS
dc.subjectECONOMÍA PARAGUAYA
dc.subject.ddc
dc.titleCommodity prices and business cycles in Paraguay
dc.typeBoletín Macroeconómico
dc.subject.jelE13
dc.subject.jelE32
dc.subject.jelF43
dc.subject.jelO11
dc.subject.jelO16
dc.subject.keywordBUSINESS CYCLE
dc.subject.keywordSMALL OPEN ECONOMY
dc.subject.keywordEMERGING MARKETS
dc.subject.keywordCOMMODITY PRICES
dc.subject.keywordPARAGUAYAN ECONOMY
dc.rights.accessRightsOpen Access
dc.type.spaBoletín Macroeconómico
dc.type.hasversionPublished Version
dc.rights.ccCC0 1.0 Universal
dc.rights.spaAcceso abierto


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http://creativecommons.org/publicdomain/zero/1.0/This work is licensed under a Creative Commons Reconocimiento-NoComercial 4.0.This document has been deposited by the author (s) under the following certificate of deposit