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Regional economic disparities in Colombia

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  • Bonet, Jaime
  • Meisel, Adolfo

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Abstract

This paper advances the analysis of regional income convergence inColombia, through the use of the income data recently estimated for the departments,the main subnational political units. The results show a polarization process betweenBogotá and the rest of the departments. The preponderance of Bogotá during the periodanalyzed is also discussed: its per capita income is more than double that of thenational average, and more than eight times the per capita income of the poorest department,Chocó. Persistence in the departmental per capita income ranking is observed:Bogotá is always ahead, while the departments in the periphery are in the last places.The findings lead to the conclusion that it is necessary to design policies to correctthe significant disparities in per capita income between Colombian regions.

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Bibliographic Info

Article provided by Asociación Española de Ciencia Regional in its journal Investigaciones Regionales.

Volume (Year): (2009)
Issue (Month): 14 ()
Pages: 61-80

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Handle: RePEc:ris:invreg:0101

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Related research

Keywords: Convergence; polarization; disparities; income; region; Colombia;

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References

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  1. Jaime Bonet Morón & Adolfo Meisel Roca, 1999. "La convergencia Regional en Colombia: una visión de largo plazo, 1926-1995," DOCUMENTOS DE TRABAJO SOBRE ECONOMÍA REGIONAL 002955, BANCO DE LA REPÚBLICA - ECONOMÍA REGIONAL.
  2. Jaime Bonet, 2006. "Desequilibrios regionales en la política de descentralización en Colombia," DOCUMENTOS DE TRABAJO SOBRE ECONOMÍA REGIONAL 002293, BANCO DE LA REPÚBLICA - ECONOMÍA REGIONAL.
  3. Birchenall Jiménez Javier Arturo, 1997. "Convergencia regional: una revisión del caso colombiano," REVISTA DESARROLLO Y SOCIEDAD, UNIVERSIDAD DE LOS ANDES-CEDE.
  4. Quah, Danny, 1996. "Twin Peaks: Growth and Convergence in Models of Distribution Dynamics," CEPR Discussion Papers 1355, C.E.P.R. Discussion Papers.
  5. Quah, Danny, 1997. "Empirics for Growth and Distribution: Stratification, Polarization, and Convergence Clubs," CEPR Discussion Papers 1586, C.E.P.R. Discussion Papers.
  6. Ricardo Rocha & Alejandro Vivas, 1998. "Crecimiento regional en Colombia: ¿Persiste la desigualdad?," REVISTA DE ECONOMÍA DEL ROSARIO, UNIVERSIDAD DEL ROSARIO.
  7. Quah, Danny T, 1997. " Empirics for Growth and Distribution: Stratification, Polarization, and Convergence Clubs," Journal of Economic Growth, Springer, vol. 2(1), pages 27-59, March.
  8. Boris Salazar Trujillo, 1994. "Fábula y Trama en el Relato de la Convergencia," DOCUMENTOS DE TRABAJO-CIDSE 004009, UNIVERSIDAD DEL VALLE - CIDSE.
  9. Dapeng Hu & Masahisa Fujita, 2001. "Regional disparity in China 1985-1994: The effects of globalization and economic liberalization," The Annals of Regional Science, Springer, vol. 35(1), pages 3-37.
  10. Raul Livas Elizondo & Paul Krugman, 1992. "Trade Policy and the Third World Metropolis," NBER Working Papers 4238, National Bureau of Economic Research, Inc.
  11. Danny Quah, 1996. "Twin Peaks: Growth and Convergence in Models of Distribution Dynamics," CEP Discussion Papers dp0280, Centre for Economic Performance, LSE.
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Cited by:
  1. Vicente Royuela & Gustavo Adolfo García, 2010. "Economic and social convergence in Colombia," IREA Working Papers 201014, University of Barcelona, Research Institute of Applied Economics, revised Sep 2010.

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