Some univariate time series properties of output

This paper deals with the size of the random walk property of Colombia´s output in two periods 1925-1994 and 1950-1994. GDP and GDPPC were both found to be integrated of order one a result which is very well known. The sequences are highly persistent, spe

Detalles Bibliográficos
Autor Principal: Arango-Thomas, Luis Eduardo
Formato: Documento de trabajo (Working Paper)
Lenguaje:Español (Spanish)
Publicado: Banco de la República 1998
Acceso en línea: