Fulfillment of Okun’s law in the city of Posadas, Misiones, Argentina, using static models

The objective of this paper is to measure the existent relationship between the growth of the (GEOGRAPHICAL GROSS PRODUCT) GGP of the Province of Misiones, Argentina, and the unemployment growth in the same Province. For that the relationship known as Okun’s Law is used, by means of which, the unemp...

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Main Authors: Fernández, Rodrigo A., Simes, Horacio
Format: Online
Language:English
Spanish
Published: Universidad Nacional de Misiones - Facultad de Ciencias Económicas 2006
Subjects:
Online Access:https://visiondefuturo.fce.unam.edu.ar/index.php/visiondefuturo/article/view/606
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author Fernández, Rodrigo A.
Simes, Horacio
author_facet Fernández, Rodrigo A.
Simes, Horacio
author_sort Fernández, Rodrigo A.
collection Revista Vision de Futuro
description The objective of this paper is to measure the existent relationship between the growth of the (GEOGRAPHICAL GROSS PRODUCT) GGP of the Province of Misiones, Argentina, and the unemployment growth in the same Province. For that the relationship known as Okun’s Law is used, by means of which, the unemployment rate variations are considered in function of the variations in the Gross Product growth rate.The negative relationship is analyzed between Posadas’ unemployment and the growth of the provincial economy, in values consistent with different works done, be it in developed countries as those least developed ones. One establishes that the provincial economy is isolated from big interferences but originated outside the national economy such as the Tequila Effect. The performance during the Convertibility period was consistent with the effect of the economy reformations in the Argentine economy structure in terms of productivity gain.
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spelling ojs-article-6062021-11-17T18:44:56Z Fulfillment of Okun’s law in the city of Posadas, Misiones, Argentina, using static models Cumplimiento de la Ley de Okun en la ciudad de Posadas utilizando modelos estáticos Fernández, Rodrigo A. Simes, Horacio Okun's law; GGP; Growth; Unemployment; Static models Ley de Okun; PBG; Crecimiento; Desempleo; Modelos estáticos The objective of this paper is to measure the existent relationship between the growth of the (GEOGRAPHICAL GROSS PRODUCT) GGP of the Province of Misiones, Argentina, and the unemployment growth in the same Province. For that the relationship known as Okun’s Law is used, by means of which, the unemployment rate variations are considered in function of the variations in the Gross Product growth rate.The negative relationship is analyzed between Posadas’ unemployment and the growth of the provincial economy, in values consistent with different works done, be it in developed countries as those least developed ones. One establishes that the provincial economy is isolated from big interferences but originated outside the national economy such as the Tequila Effect. The performance during the Convertibility period was consistent with the effect of the economy reformations in the Argentine economy structure in terms of productivity gain. El presente trabajo tiene por objeto medir la relación existente entre el crecimiento del PBG de la provincia de Misiones y el crecimiento de la desocupación en la misma provincia. Para ello se utiliza la relación denominada Ley de Okun, mediante la cuál se estiman las variaciones de la tasa de desempleo en función de las variaciones en la tasa de crecimiento del Producto Bruto. Se analiza la relación negativa entre el desempleo en el aglomerado de Posadas y el crecimiento de la economía provincial, en valores consistentes con distintos trabajos efectuados tanto en países desarrollados como en desarrollo. Se establece que la economía provincial se encuentra aislada de perturbaciones grandes pero originadas fuera de la economía nacional como el Efecto Tequila. El desempeño durante el período de la Convertibilidad resultó consistente con el efecto de las reformas económicas en la estructura económica Argentina en términos de ganancia de productividad. Universidad Nacional de Misiones - Facultad de Ciencias Económicas 2006-06-19 info:eu-repo/semantics/article info:eu-repo/semantics/publishedVersion application/pdf application/pdf https://visiondefuturo.fce.unam.edu.ar/index.php/visiondefuturo/article/view/606 Scientific Journal Visión de Futuro; Vol. 6 No. 2 (2006): Julio / Diciembre Visión de Futuro; Vol. 6 No. 2 (2006): Julio / Diciembre Revista Científica Visión de Futuro; Vol. 6 Núm. 2 (2006): Julio / Diciembre 1668-8708 1669-7634 eng spa https://visiondefuturo.fce.unam.edu.ar/index.php/visiondefuturo/article/view/606/498 https://visiondefuturo.fce.unam.edu.ar/index.php/visiondefuturo/article/view/606/499 https://creativecommons.org/licenses/by-nc/2.5/ar/
spellingShingle Okun's law; GGP; Growth; Unemployment; Static models
Ley de Okun; PBG; Crecimiento; Desempleo; Modelos estáticos
Fernández, Rodrigo A.
Simes, Horacio
Fulfillment of Okun’s law in the city of Posadas, Misiones, Argentina, using static models
title Fulfillment of Okun’s law in the city of Posadas, Misiones, Argentina, using static models
title_alt Cumplimiento de la Ley de Okun en la ciudad de Posadas utilizando modelos estáticos
title_full Fulfillment of Okun’s law in the city of Posadas, Misiones, Argentina, using static models
title_fullStr Fulfillment of Okun’s law in the city of Posadas, Misiones, Argentina, using static models
title_full_unstemmed Fulfillment of Okun’s law in the city of Posadas, Misiones, Argentina, using static models
title_short Fulfillment of Okun’s law in the city of Posadas, Misiones, Argentina, using static models
title_sort fulfillment of okun s law in the city of posadas misiones argentina using static models
topic Okun's law; GGP; Growth; Unemployment; Static models
Ley de Okun; PBG; Crecimiento; Desempleo; Modelos estáticos
topic_facet Okun's law; GGP; Growth; Unemployment; Static models
Ley de Okun; PBG; Crecimiento; Desempleo; Modelos estáticos
url https://visiondefuturo.fce.unam.edu.ar/index.php/visiondefuturo/article/view/606
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