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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Format: | Online |
Language: | English Spanish |
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Universidad Nacional de Misiones - Facultad de Ciencias Económicas
2006
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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. |
format | Online |
id | ojs-article-606 |
institution | Facultad de Ciencias Economicas |
language | English Spanish |
publishDate | 2006 |
publisher | Universidad Nacional de Misiones - Facultad de Ciencias Económicas |
record_format | ojs |
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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