This article aims to to find the effect the of exports supported by procolombia on the economic growth of Colombia. To achieve this, we will use two sources of information , 1. monthly information of the exports supported by procolombia and 2.monthly information about colombia’s GDP. In order to achieve this, We will use methods such as additive and multiplicative decomposition, moving averages, among others, that will help us make our series stationary. Then, we will identify the best-fitting vector autoregressive (VAR) model to later perform impulse response and forecasting exercises.

Week 2 Discussion: Additive and Multiplicative Decomposition