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Argentinian and Brazilian demands for tourism in Uruguay are analyzed separately. These countries represent 66.25% of the receptive tourism in Uruguay, however they presente different characteristics. Two long-run relationships among tourism expenditures, income and real touristic exchange rate...
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This paper examines the evolution of price competitiveness of Uruguayan economy, assessing the presence of "Balassa-Samuelson Effect" and a change in the economy’s international integration, in a context of income and aggregate expenditure growth, through Johansen methodology. We found a...
Persistent link: https://www.econbiz.de/10011167310
The Uruguayan economy has undergone over the past two decades an important growth process, together with a real appreciation of the domestic currency. This implied that the Real Exchange Rate (RER), calculated as TP/NTP, experienced important changes. From this phenomenon, this paper examines...
Persistent link: https://www.econbiz.de/10010894948
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Purpose – The purpose of this paper is to study the long‐run relationship between economic growth and income inequality in China during the pre‐reform (1952‐1978) and post‐reform (1979‐2007) periods, this will be done via cointegration analysis. Design/methodology/approach – The...
Persistent link: https://www.econbiz.de/10014847562