Research Article

Forecasting Latin America’s Country Risk Scores by Means of a Dynamic Diffusion Model

Table 3

Estimation of the autonomous model parameters, , separated by clusters.

Country name Country name

Chile 1.6844

Honduras −0.0440
Ecuador −0.5731
Nicaragua −0.7551
Dominican Rep. −0.4340
Trinidad Tobago 1.3411

Brazil 1.8554 Costa Rica 1.0763
Mexico 1.2784 Paraguay −0.0203
Peru 1.1126 El Salvador 0.4658
Colombia 1.5382 Argentina −0.4093
Uruguay 0.0696 Bolivia −0.5837
Panama 1.2563 Venezuela −0.4590