Structural changes in Ecuador competitivity after dollarization

Many studies, both empirical and theoretical, have established the negative effects that a contractive monetary policy can inflict on market competitiveness and how these effects can become permanent. The following article seeks evidence of a permanent change in Ecuadorian competitiveness with its c...

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Bibliographic Details
Published in:Revista de economía del Caribe 2010-07 (6)
Main Authors: Gustavo Solórzano A, Iván Rivadeneyra Camino, Guamán, Luis Ángel
Format: Article
Language:Spanish
Subjects:
Economic theory
Monetary policy
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Summary:Many studies, both empirical and theoretical, have established the negative effects that a contractive monetary policy can inflict on market competitiveness and how these effects can become permanent. The following article seeks evidence of a permanent change in Ecuadorian competitiveness with its commercial partners Colombia and Peru; between the decade of the 90s, when there was a discretional monetary policy, and the years following the economy`s dollarization.
ISSN:2011-2106
2145-9363