¿Perjudican a los exportadores los incumplimientos soberanos?

Eduardo Borensztein and Ugo Panizza

No 4448, Research Department Publications from Inter-American Development Bank, Research Department

Abstract: (Disponible en idioma inglés únicamente) En este trabajo se sigue una metodología de diferencia en diferencia parecida a la que propusieron originalmente Rajan y Zingales (1998) para comprobar si el incumplimiento perjudica a las industrias más orientadas a la exportación. Se halló un respaldo considerable a esta hipótesis, pero, contrariamente a los hallazgos de estudios anteriores, nuestras estimaciones sugieren que el efecto de los incumplimientos es efímero.

Date: 2006-03
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