Does Industrial Employment React to Movements in the Real Exchange Rate?: an empirical analysis for Colombia, 2000-2010



Título del documento: Does Industrial Employment React to Movements in the Real Exchange Rate?: an empirical analysis for Colombia, 2000-2010
Revista: Latin american journal of economics
Base de datos: CLASE
Número de sistema: 000448514
ISSN: 0719-0425
Autores: 1
1
Instituciones: 1Pontificia Universidad Javeriana, Facultad de Economía, Cali, Valle del Cauca. Colombia
Año:
Periodo: Dic
Volumen: 53
Número: 1
Paginación: 39-60
País: Chile
Idioma: Inglés
Tipo de documento: Artículo
Enfoque: Analítico, descriptivo
Resumen en inglés To determine the effect of the real exchange rate on Colombia’s industrial employment and 59 industrial sectors for the period 2000-2010, we used the generalized method of moments of Arellano and Bond (1991) and data from the Annual Manufacturing Survey of the National Administrative Department of Statistics (DANE). Our findings reveal that a real appreciation of the Colombian peso decreases the country’s manufacturing employment, and disaggregation by industrial sector shows that a real appreciation of the Colombian peso had a negative impact on manufacturing employment in 18 industrial sectors and a positive impact in seven
Disciplinas: Economía
Palabras clave: Economía del trabajo,
Colombia,
Sector industrial,
Empleo industrial,
Mercado laboral,
Tipo de cambio real
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