International and national literature provides evidence indicating that investment in infrastructure is one of the key elements to achieve economic and social development.
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- Publicación |Abstract
- Publicación |Abstract
This paper analyses the behavior of household consumption in Colombia during Covid-19 post pandemic. Initially, it introduces a regional comparison emphasizing in the severity of lockdown and the government fiscal responses. Then, it describes the dynamics of the main consumption…
- Publicación |Abstract
Colombia saw a drop in investment as a result of the COVID-19 shock, which resulted in a negative gap in the second quarter of 2020 of -2.8% of the GDP. In the context of the region, Peru was hardest hit, while countries such as Mexico, Chile, and Brazil suffered minor setbacks. The…
- Publicación |AbstractIn this paper, a global production frontier is estimated using stochastic frontier models to assess the contribution of transport infrastructure to countries’ performance. We find that the role of infrastructure is underestimated under the exogeneity assumption indicating that handling…
- Publicación |Approach
This article addresses the question: Has the delay in the provision of transport infrastructure in Colombia, caused in part by historically low levels of investment, been a significant obstacle to its economic growth and regional and international integration? The…
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The opinions contained in this document are the sole responsibility of the author and do not commit Banco de la República or its Board of Directors.
- Publicación |
The opinions contained in this document are the sole responsibility of the author and do not commit Banco de la República or its Board of Directors.
- Publicación |ABSTRACT
This paper analyzes the evolution of Cartagena's revenues, expenses and public debt in the period 2001-2018, considering the governmental crisis experienced due to several changes in local mayors during the last seven years. The results show, although the government crisis,…
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In Colombia, the National Development Banks (NDBs) are organized as a system of four (initially five) specialized institutions. This system was adopted during the market reforms of the early 1990s, which eliminated the development functions of the central bank, liberalized the financial sector…
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Statistical analyses show that, after controlling for the accumulation of productive factors, the joint effect of the diversification of manufacturing inputs and the urban population purchasing power has a positive and significant impact on the Colombian economic growth. Furthermore, there is…
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