Una prueba econométrica del enfoque moderno de la cuenta corriente en México

This paper derives and evaluates the observable implications of the new view of the current account of the balance of payments in Mexico, during the period 1950-1991. According to this view, the current account is a result of the optimal decisions towards saving and investing from economic agents. T...

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Bibliographic Details
Main Authors: Aníbal Feliz, Raúl, Vargas, Laura
Format: Online
Language:Spanish
Editor: El Colegio de México, A.C. 1994
Subjects:
Online Access:https://estudioseconomicos.colmex.mx/index.php/economicos/article/view/278
Journal:

Estudios Económicos

Description
Summary:This paper derives and evaluates the observable implications of the new view of the current account of the balance of payments in Mexico, during the period 1950-1991. According to this view, the current account is a result of the optimal decisions towards saving and investing from economic agents. The results arising from econometric tests applied to Mexico are consistent with the observable implications of this new view.