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Economic Base and Regional Specialization in Colombia: A Note on Input–Output Linkages

In: The Colombian Economy and Its Regional Structural Challenges

Author

Listed:
  • Inácio F. Araújo

    (University of São Paulo)

  • Alexandre L. Gomes

    (Federal University of São Carlos)

  • Diana Ricciulli

    (Central Bank of Colombia)

  • Eduardo A. Haddad

    (University of São Paulo)

Abstract

This chapter aims to bring insights into the design of Colombia’s regional development policies based on regional specialization strategies and focuses on the discussion of input-output linkages. It combines economic base theory and the concept of Miyazawa multipliers, the latter allowing the formulation of interregional income multipliers and alternative procedures for decomposing an economic system to reveal the specific contributions of output change to different regions. The issues addressed in the chapter consider the extent of the economic base (EB) backward and forward linkages. The chapter also looks at the relationship between EB and local labor markets in different departments and the implications for regional competitiveness. At the end of the chapter, a typology of departments based on their output and employment linkages emerges.

Suggested Citation

  • Inácio F. Araújo & Alexandre L. Gomes & Diana Ricciulli & Eduardo A. Haddad, 2023. "Economic Base and Regional Specialization in Colombia: A Note on Input–Output Linkages," Advances in Spatial Science, in: Eduardo A. Haddad & Jaime Bonet & Geoffrey J. D. Hewings (ed.), The Colombian Economy and Its Regional Structural Challenges, chapter 0, pages 205-237, Springer.
    • Handle: RePEc:spr:adspcp:978-3-031-22653-3_8
    DOI: 10.1007/978-3-031-22653-3_8
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