Abstract

LAURENTE BLANCO, Luis Francisco. Estimation and stability analysis of the Solow model of economic growth for Perú. Fides Et Ratio [online]. 2023, vol.26, n.26, pp.177-198. ISSN 2071-081X.

Abstract This article evaluates the Solow model parameters for Perú in the period of international crisis and COVID-19 pandemic. The estimates use long-term models with information from the Central Bank of Perú (BCRP). The results show that the effect of capital on long-term production did not suffer significant variations during the international crisis. During COVID-19, the model parameters remained stable despite the drastic measures implemented by the Government that affected production. The policies carried out by the Government and the BCRP during the pandemic were decisive for the economic recovery

Keywords : COVID-19; international crisis; Neoclassical model; stability analysis.

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