Las exportaciones como fuente de crecimiento económicoun modelo econométrico para Galicia 2002-2019

  1. Maite Cancelo 1
  2. Emilia Vázquez-Rozas 1
  1. 1 Universidade de Santiago de Compostela
    info

    Universidade de Santiago de Compostela

    Santiago de Compostela, España

    ROR https://ror.org/030eybx10

Journal:
Estudios Economicos Regionales y Sectoriales : EERS: Regional and sectoral economic studies : RSES

ISSN: 1578-4460

Year of publication: 2020

Volume: 20

Issue: 1

Pages: 120-133

Type: Article

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More publications in: Estudios Economicos Regionales y Sectoriales : EERS: Regional and sectoral economic studies : RSES

Abstract

In the current severe economic situation, resulting from the cessation and/or drastic reduction of economic activity due to the containment measures adopted after the declaration of the COVID-19 pandemic, the study of how countries can try to overcome this crisis can be approached from different perspectives.Unlike previous crises, this crisis is affected by supply factors (such as the paralysis of production in many countries) and demand factors (internal and external), which is having a major impact on tourism, not only because of mobility restrictions but also because of the fear that there is still of a resurgence.In previous crises exports were an important variable so that economies, such as Galicia, could start to grow when domestic demand had not yet recoveredIn this paper we analyse the role of exports on economic growth. We use several econometric models, such as the estimation of the expanded Cobb-Douglas production function and several dynamic models. The results will give us an estimate of the important role of this variable in open economies, such as the Galician one

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