Browsing by Author "Solano-Navarro, Mario Geovanny"
Now showing 1 - 2 of 2
Results Per Page
Sort Options
- Competitividad internacional de Costa Rica: Análisis de los resultados del CANAzofeifa-Villalobos, Ana Georgina; Rojas-Guerrero, Rosilia; Salas-V., Yessenia; Solano-Navarro, Mario GeovannyThis paper analyzes the results of the competitiveness array and its implications for Costa Rican Economy, after applying the Competitive Analysis of Nations (CAN), a software for international trade database. This instrument makes a diagnosis of the competitiveness situation in Costa Rica and it’s a fundamental base, so it can be make a competitiveness indicator for the economy.The results showed that the thirteen selected products represented a 45,3% of the 1998 total exports. Additionally, 17,2% of these products were classify as dynamic and competitive sectors, 48,9% are steady and no competitive sectors and 5.8% are steady and competitive. Finally, the dynamics products that are no competitive represent a 28.1%. Additionally, the adaptability index shows that the economy has decrease its level of specialization and its market share. This result indicates that these products does not have a good adaptation to the market conditions.
- Evaluación de variables para proyecciones de inflaciónThe main goal of this document is to find variables that are able to improve inflation forecasts made by Central Bank of Costa Rica. Fifty nine monthly economic variables that might have an effect on inflation are assessed in this investigation. These variables are classified in financial, economic activity and fiscal groups. The results include several forecasting equations with lagged inflation, domestic government bonds and three sorts of interest rates as explicative variables. The evidence indicates that inflation rises when interest rates increase, which is associated with price puzzle. An expansive fiscal policy financed by domestic bonds seems to have a direct impact on inflation. The forecast performance of selected models is similar to the performance of BCCR current models. Combined inflation forecasts could be improved by adding some of the results of this investigation, in particular, by considering the information of fiscal pressures implicit on the monetary programming exercise.