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Tests de causalidad, dinero y renta en España, 1904–1974

Published online by Cambridge University Press:  28 April 2010

Jose Luis Garcia Ruiz
Affiliation:
Universidad Complutense

Abstract

This essay applies the causality test methodology to the series of income and money in Spain between 1904 and 1974. The results are not unambiguous, like in other experiences, but in the Spanish case ambiguity could be explained by the short term behavior of income.

Resumen

El presente trabajo utiliza el método de los tests de causalidad y lo aplica a la relación entre las fuerzas monetarias y las fuerzas reales de la economía, en el caso español, entie 1904 y 1974, utilizando las principales series de dinero y renta disponibles. Los resultados no esconden su ambigüedad, y ello, aunque se corresponde con las experiencias de otros países, queda explicado, en buena medida, por el diferente comportamiento en el corto plazo de las series de renta utilizadas.

Type
Articulos
Copyright
Copyright © Instituto Figuerola de Historia y Ciencias Sociales, Universidad Carlos III de Madrid 1992

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References

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