Impact of external factors on the Peruvian Gross Domestic Product during 1994-2018

  • José Franco Iparraguirre Universidad Nacional Mayor de San Marcos
  • Fernando Cuyutupac Borja Universidad de San Martín de Porres
DOI: https://doi.org/10.24265/raef.2020.v3n1.21
Keywords: Peru, External shocks, VARX model, Economic growth

Abstract

Peru as a small and open economy is prone to external shocks that cause fluctuations in its GDP, in addition to the high degree of dependence on raw materials this could be amplified. In this regard, the present work aims to quantify through a model of autoregressive vectors with the incorporation of exogenous variables, how vulnerable the Peruvian economy is to external shocks and how an intensification of current commercial frictions would affect economic growth.

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Published
2020-01-15
How to Cite
Franco Iparraguirre, J., & Cuyutupac Borja, F. (2020). Impact of external factors on the Peruvian Gross Domestic Product during 1994-2018. REVISTA DE ANÁLISIS ECONÓMICO Y FINANCIERO, 3(1), 64-75. https://doi.org/10.24265/raef.2020.v3n1.21
Issue
Vol. 3 No. 1 (2020): REVISTA DE ANÁLISIS ECONÓMICO Y FINANCIERO
Section
Scientific articles

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