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%T Cointegration of economic growth and external balance in Colombia: 1963-2016 %A Barón Ortegón, Brayan Alexander %P 34 %D 2018 %K VEC-Modell %> https://nbn-resolving.org/urn:nbn:de:0168-ssoar-58085-2 %X In this paper is analyzed the relation between GDP growth and External balance in Colombia for the study period (1963-2016) by using a VECM. Supposing everything else unchanged, we conclude that Colombian external balance granger caused GDP growth and there was indeed a long run relation between both variables. This outcome helps to explain the Colombian GDP growth dynamics over the last fifty years and the impact of trade policy on economic growth. %C MISC %G en %9 Forschungsbericht %W GESIS - http://www.gesis.org %~ SSOAR - http://www.ssoar.info