@techreport{20.500.12134/5443, author = {Misas A., Martha}, author = {Ramírez-Giraldo, María Teresa}, year = {2006}, month = {12}, url = {https://repositorio.banrep.gov.co/handle/20.500.12134/5443}, abstract = {We modelled the Colombian long run per capita economic growth (1925-2005) using a Markov switching regime model with both fixed (FTP) and time-varying transition probabilities (TVTP) to explain regime changes in the economic growth. We found evidence of n}, publisher = {Banco de la República}, booktitle = {Borradores de Economía}, volume = {Borradores de Economía; No. 425}, title = {Colombian economic growth under Markov switching regimes with endogenous transition probabilities}, keywords = {Markov endogenous switching regime model}, keywords = {Time-varying transition probabilities}, keywords = {Economic growth}, keywords = {Colombia}, doi = {https://doi.org/10.32468/be.425}, }