Impacts of the COVID-19 pandemic on Colombian exports using time series models

The objective of this article is to show the effects of the COVID-19 pandemic on Colombia's exports between 2008 and 2020, based on a time series projection analysis. For this purpose, the statistical models of exponential smoothing were estimated, obtaining as a result adjusted values and forecasts to calculate the error difference indicator between these and the real one for each model as a response variable for a multiple regression model whose results indicated differentiated short-term impacts of decrease in exports mainly in textile products, toys, furniture, leather and footwear.

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Publication Details

Journal
Revista En-contexto
Published
2024-11-28
DOI
https://doi.org/10.53995/23463279.1777
Primary Topic
Business, Innovation, and Economy
Type
article
Field-Weighted Citation Impact
0.00
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article

Impacts of the COVID-19 pandemic on Colombian exports using time series models

Diego Alejandro López-Cadavid, Jorge Aníbal Restrepo Morales, Juan Gabriel Vanegas López, Marisol Valencia Cárdenas
Revista En-contexto
Business, Innovation, and Economy
article

Impacts of the COVID-19 pandemic on Colombian exports using time series models

Diego Alejandro López-Cadavid, Jorge Aníbal Restrepo Morales, Juan Gabriel Vanegas López, Marisol Valencia Cárdenas
article en

Abstract

The objective of this article is to show the effects of the COVID-19 pandemic on Colombia's exports between 2008 and 2020, based on a time series projection analysis. For this purpose, the statistical models of exponential smoothing were estimated, obtaining as a result adjusted values and forecasts to calculate the error difference indicator between these and the real one for each model as a response variable for a multiple regression model whose results indicated differentiated short-term impacts of decrease in exports mainly in textile products, toys, furniture, leather and footwear.

Revista En-contextoVol. 12(22)
Antioquia Institute of Technology (CO)
Good health and well-being
Openalex Percentile: Top 72%
Business, Innovation, and Economy
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