<?xml version="1.0" encoding="ISO-8859-1"?><article xmlns:mml="http://www.w3.org/1998/Math/MathML" xmlns:xlink="http://www.w3.org/1999/xlink" xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance">
<front>
<journal-meta>
<journal-id>0186-7202</journal-id>
<journal-title><![CDATA[Estudios Económicos (México, D.F.)]]></journal-title>
<abbrev-journal-title><![CDATA[Estud. Econ. (México, D.F.)]]></abbrev-journal-title>
<issn>0186-7202</issn>
<publisher>
<publisher-name><![CDATA[El Colegio de México A.C.]]></publisher-name>
</publisher>
</journal-meta>
<article-meta>
<article-id>S0186-72022017000100095</article-id>
<title-group>
<article-title xml:lang="en"><![CDATA[Economic growth and the external sector: Evidence from Korea, lessons for Mexico]]></article-title>
<article-title xml:lang="es"><![CDATA[Crecimiento económico y el sector externo: evidencia de Corea, lecciones para México]]></article-title>
</title-group>
<contrib-group>
<contrib contrib-type="author">
<name>
<surname><![CDATA[Berasaluce]]></surname>
<given-names><![CDATA[Julen]]></given-names>
</name>
<xref ref-type="aff" rid="Aff"/>
</contrib>
<contrib contrib-type="author">
<name>
<surname><![CDATA[Romero]]></surname>
<given-names><![CDATA[José]]></given-names>
</name>
<xref ref-type="aff" rid="Aff"/>
</contrib>
</contrib-group>
<aff id="Af1">
<institution><![CDATA[,El Colegio de México  ]]></institution>
<addr-line><![CDATA[ ]]></addr-line>
<country>Mexico</country>
</aff>
<aff id="Af2">
<institution><![CDATA[,El Colegio de México  ]]></institution>
<addr-line><![CDATA[ ]]></addr-line>
<country>Mexico</country>
</aff>
<pub-date pub-type="pub">
<day>00</day>
<month>06</month>
<year>2017</year>
</pub-date>
<pub-date pub-type="epub">
<day>00</day>
<month>06</month>
<year>2017</year>
</pub-date>
<volume>32</volume>
<numero>1</numero>
<fpage>95</fpage>
<lpage>131</lpage>
<copyright-statement/>
<copyright-year/>
<self-uri xlink:href="http://www.scielo.org.mx/scielo.php?script=sci_arttext&amp;pid=S0186-72022017000100095&amp;lng=en&amp;nrm=iso"></self-uri><self-uri xlink:href="http://www.scielo.org.mx/scielo.php?script=sci_abstract&amp;pid=S0186-72022017000100095&amp;lng=en&amp;nrm=iso"></self-uri><self-uri xlink:href="http://www.scielo.org.mx/scielo.php?script=sci_pdf&amp;pid=S0186-72022017000100095&amp;lng=en&amp;nrm=iso"></self-uri><abstract abstract-type="short" xml:lang="en"><p><![CDATA[Abstract: In this paper, we have set up an empirical analysis of the Korean external sector between 1980 and 2015, in order to identify the potential relationships between economic growth, exports, imports and foreign direct investment. We chose to study Korea because is a country that has been taken as a reference of the exportled growth hypothesis in order to justify export-promoting policies in Mexico. The results of our four-variable vector autoregressive model suggest that exports and foreign direct investment are not driving economic growth in Korea. Therefore, one should be cautious about policies that promote such investment and export tools to boost economic growth.]]></p></abstract>
<abstract abstract-type="short" xml:lang="es"><p><![CDATA[Resumen: Se realiza un análisis empírico del sector externo coreano entre 1980 y 2015 a fin de identificar las potenciales relaciones entre crecimiento económico, exportaciones, importaciones e inversión extranjera directa. Se eligió Corea porque ha sido considerado como una referencia de la hipótesis de crecimiento a partir de las exportaciones, lo que ha justificado políticas de promoción de las mismas en México. Los resultados de nuestro modelo de vectores autorregresivos de cuatro variables sugieren que las exportaciones y la inversión extranjera directa no son las causantes del crecimiento económico coreano. Por lo tanto, deberíamos ser cautelosos antes de emprender políticas que promuevan estas magnitudes como herramientas de potenciación del crecimiento económico.]]></p></abstract>
<kwd-group>
<kwd lng="en"><![CDATA[South Korea]]></kwd>
<kwd lng="en"><![CDATA[VAR]]></kwd>
<kwd lng="en"><![CDATA[industrial policy]]></kwd>
<kwd lng="en"><![CDATA[exports]]></kwd>
<kwd lng="en"><![CDATA[imports]]></kwd>
<kwd lng="en"><![CDATA[FDI]]></kwd>
<kwd lng="en"><![CDATA[growth]]></kwd>
<kwd lng="es"><![CDATA[Corea del Sur]]></kwd>
<kwd lng="es"><![CDATA[política industrial]]></kwd>
<kwd lng="es"><![CDATA[exportaciones]]></kwd>
<kwd lng="es"><![CDATA[importaciones]]></kwd>
<kwd lng="es"><![CDATA[crecimiento]]></kwd>
</kwd-group>
</article-meta>
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<volume>68</volume>
<numero>4</numero>
<issue>4</issue>
<page-range>859-74</page-range></nlm-citation>
</ref>
</ref-list>
</back>
</article>
