<?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>0120-3053</journal-id>
<journal-title><![CDATA[Apuntes del Cenes]]></journal-title>
<abbrev-journal-title><![CDATA[Apuntes del Cenes]]></abbrev-journal-title>
<issn>0120-3053</issn>
<publisher>
<publisher-name><![CDATA[Universidad Pedagógica y Tecnológica de Colombia (UPTC)]]></publisher-name>
</publisher>
</journal-meta>
<article-meta>
<article-id>S0120-30532024000100073</article-id>
<article-id pub-id-type="doi">10.19053/uptc.01203053.v43.n77.2024.16689</article-id>
<title-group>
<article-title xml:lang="es"><![CDATA[El índice Big Mac y su relación con la paridad del poder de compra en el caso colombiano]]></article-title>
<article-title xml:lang="en"><![CDATA[The Relationship Between the Big Mac Index and Purchasing Power Parity: A Case Study of Colombia]]></article-title>
</title-group>
<contrib-group>
<contrib contrib-type="author">
<name>
<surname><![CDATA[Chaves Castro]]></surname>
<given-names><![CDATA[Álvaro Hernando]]></given-names>
</name>
<xref ref-type="aff" rid="Aff"/>
</contrib>
<contrib contrib-type="author">
<name>
<surname><![CDATA[Perdomo Strauch]]></surname>
<given-names><![CDATA[Álvaro Andrés]]></given-names>
</name>
<xref ref-type="aff" rid="Aff"/>
</contrib>
<contrib contrib-type="author">
<name>
<surname><![CDATA[Torres Tamayo]]></surname>
<given-names><![CDATA[María Constanza]]></given-names>
</name>
<xref ref-type="aff" rid="Aff"/>
</contrib>
</contrib-group>
<aff id="Af1">
<institution><![CDATA[,Universidad Escuela Colombiana de Ingenieria  ]]></institution>
<addr-line><![CDATA[ ]]></addr-line>
</aff>
<aff id="Af2">
<institution><![CDATA[,Universidad Escuela Colombiana de Ingenieria  ]]></institution>
<addr-line><![CDATA[ ]]></addr-line>
</aff>
<aff id="Af3">
<institution><![CDATA[,Universidad Escuela Colombiana de Ingenieria  ]]></institution>
<addr-line><![CDATA[ ]]></addr-line>
</aff>
<pub-date pub-type="pub">
<day>00</day>
<month>06</month>
<year>2024</year>
</pub-date>
<pub-date pub-type="epub">
<day>00</day>
<month>06</month>
<year>2024</year>
</pub-date>
<volume>43</volume>
<numero>77</numero>
<fpage>73</fpage>
<lpage>102</lpage>
<copyright-statement/>
<copyright-year/>
<self-uri xlink:href="http://www.scielo.org.co/scielo.php?script=sci_arttext&amp;pid=S0120-30532024000100073&amp;lng=en&amp;nrm=iso"></self-uri><self-uri xlink:href="http://www.scielo.org.co/scielo.php?script=sci_abstract&amp;pid=S0120-30532024000100073&amp;lng=en&amp;nrm=iso"></self-uri><self-uri xlink:href="http://www.scielo.org.co/scielo.php?script=sci_pdf&amp;pid=S0120-30532024000100073&amp;lng=en&amp;nrm=iso"></self-uri><abstract abstract-type="short" xml:lang="es"><p><![CDATA[Resumen: El Big Mac como indicador proxy de la paridad de poder de compra cobra mucha relevancia durante periodos de alta depreciación de la moneda. ¿Se encuentran subvaluadas o sobrevaloradas las monedas con respecto al dólar?, ¿se cumple la paridad del poder de compra (PPC) absoluta y relativa en Colombia? Mediante una estructura de datos de corte longitudinal y la estimación de un modelo de datos de panel, damos respuesta a estas preguntas. Para Colombia se han observado momentos en los que oficialmente se informaba una apreciación del peso frente al dólar, el índice Big Mac detectó una depreciación real. Las estimaciones indican que existe evidencia empírica a favor de la PPC absoluta, es decir, a partir de la ecuación transformada por logaritmos y estimada mediante el método GLS, mientras que no existe evidencia empírica que apoye el cumplimiento de la PPC en términos relativos.  Clasificación JEL: F31; F41; G15; C23; C32.]]></p></abstract>
<abstract abstract-type="short" xml:lang="en"><p><![CDATA[Abstract: The relevance of the Big Mac as a proxy indicator for Purchasing Power Parity becomes highly significant during periods of high currency depreciation. Are currencies undervalued or overvalued concerning the dollar? Is absolute and relative purchasing power parity (PPP) observed in Colombia? We address these issues by using a longitudinal data structure and estimating a panel data model. For the Colombian case, there were instances where official reports indicated an appreciation of the peso against the dollar, but the Big Mac index showed a real depreciation. The estimates suggest empirical evidence in favor of absolute PPP, i.e., based on the log-transformed equation estimated using the GLS method, while there is no empirical evidence in favor of meeting PPP in relative terms.]]></p></abstract>
<kwd-group>
<kwd lng="es"><![CDATA[Colombia]]></kwd>
<kwd lng="es"><![CDATA[índice]]></kwd>
<kwd lng="es"><![CDATA[apreciación]]></kwd>
<kwd lng="es"><![CDATA[depreciación]]></kwd>
<kwd lng="es"><![CDATA[cointegración]]></kwd>
<kwd lng="es"><![CDATA[tasa de cambio]]></kwd>
<kwd lng="en"><![CDATA[Index]]></kwd>
<kwd lng="en"><![CDATA[appreciation]]></kwd>
<kwd lng="en"><![CDATA[depreciation]]></kwd>
<kwd lng="en"><![CDATA[cointegration]]></kwd>
<kwd lng="en"><![CDATA[exchange rate]]></kwd>
</kwd-group>
</article-meta>
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