Intersectoral dynamics and economic growth in Ecuador

The authors analyze sectoral growth in Ecuador using multivariate cointegration analysis. They find significant long-run relationships between the agricultural industrial and service sectors. Moreover, they are able to derive dynamic sector models that combine the short-run links between the three s...

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Bibliographic Details
Main Author: Fiess, Norbert M.
Corporate Author: World Bank Latin America and the Caribbean Regional Office
Other Authors: Verner, Dorte
Format: eBook
Language:English
Published: Washington, D.C World Bank, Latin America and the Caribbean Region, Economic Policy Sector Unit 2001
Series:Policy research working paper
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Collection: World Bank E-Library Archive - Collection details see MPG.ReNa
Description
Summary:The authors analyze sectoral growth in Ecuador using multivariate cointegration analysis. They find significant long-run relationships between the agricultural industrial and service sectors. Moreover, they are able to derive dynamic sector models that combine the short-run links between the three sectors with long-run dynamics. Their findings suggest that more attention should be paid to interdependencies in sectoral growth, since an improved understanding of intersectoral dynamics may facilitate the implementation of policy aimed at increasing economic growth in Ecuador--Summary
Item Description:"January 2001"--Cover. - Includes bibliographical references (p. 28-29). - Title from title screen as viewed on Sept. 24, 2002