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A Regional Economic Policy for Colombia

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  • Juan David Barón

    ()

  • Gerson Javier Pérez

    ()

  • Peter Rowland

    ()

Abstract

This paper proposes a framework for a regional economic policy in Colombia. The regional characteristics and disparities of the country are studied, and regional disparities are shown to be both significant and persistent over time. This calls for a policy initiative to promote the development of the poorer regions of the country. The study here draws lessons from other cases of regional economic policy, and proposes a framework based on the regional policy initiative that is currently being implemented in Brazil.

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File URL: http://www.banrep.gov.co/docum/ftp/borra314.pdf
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Bibliographic Info

Paper provided by Banco de la Republica de Colombia in its series Borradores de Economia with number 314.

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Handle: RePEc:bdr:borrec:314

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  1. Faini, Riccardo & Schiantarelli, Fabio, 1987. "Incentives and Investment Decisions: The Effectiveness of Regional Policy," Oxford Economic Papers, Oxford University Press, vol. 39(3), pages 516-33, September.
  2. Gerson Javier Pérez V. & Peter Rowland, 2004. "Regional Economic Policies:Four Country Cases," BORRADORES DE ECONOMIA 003438, BANCO DE LA REPÚBLICA.
  3. Robert J. Barro & Xavier Sala-i-Martin, 1991. "Convergence across States and Regions," Brookings Papers on Economic Activity, Economic Studies Program, The Brookings Institution, vol. 22(1), pages 107-182.
  4. Alfredo Del Monte & Antonio Acconcia, 2000. "Regional Development and Public Spending: The Case of Italy," STUDI ECONOMICI, FrancoAngeli Editore, vol. 2000(72).
  5. Barbara Sianesi, 2002. "The returns to education: a review of the empirical macro-economic literature," IFS Working Papers W02/05, Institute for Fiscal Studies.
  6. Michele Boldrin & Fabio Canova, 2001. "Inequality and convergence in Europe's regions: reconsidering European regional policies," Economic Policy, CEPR & CES & MSH, vol. 16(32), pages 205-253, 04.
  7. Barro, Robert J & Sala-i-Martin, Xavier, 1992. "Convergence," Journal of Political Economy, University of Chicago Press, vol. 100(2), pages 223-51, April.
  8. Neri, F., 2001. "Schooling Quality and Economic Growth," Economics Working Papers wp01-06, School of Economics, University of Wollongong, NSW, Australia.
  9. Shankar, Raja & Shah, Anwar, 2001. "Bridging the economic divide within nations : a scorecard on the performance of regional development policies in reducing regional income disparities," Policy Research Working Paper Series 2717, The World Bank.
  10. Pranab Bardhan, 1997. "Corruption and Development: A Review of Issues," Journal of Economic Literature, American Economic Association, vol. 35(3), pages 1320-1346, September.
  11. Moore, Barry C & Rhodes, John, 1976. "Regional Economic Policy and the Movement of Manufacturing Firms to Development Areas," Economica, London School of Economics and Political Science, vol. 43(169), pages 17-31, February.
  12. Ana Lamo, 2000. "On convergence empirics: same evidence for Spanish regions," Investigaciones Economicas, Fundación SEPI, vol. 24(3), pages 681-707, September.
  13. 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.
  14. Tyler, Peter, 1980. "The Impact of Regional Policy on a Prosperous Region: The Experience of the West Midlands," Oxford Economic Papers, Oxford University Press, vol. 32(1), pages 151-62, March.
  15. BAUMONT, Catherine & ERTUR, Cem & LE GALLO, Julie, 2001. "A Spatial Econometric Analysis of Geographic Spillovers and Growth for European Regions, 1980-1995," LATEC - Document de travail - Economie (1991-2003) 2001-04, LATEC, Laboratoire d'Analyse et des Techniques EConomiques, CNRS UMR 5118, Université de Bourgogne.
  16. Treyz, George I & Friedlaender, Ann F & Stevens, Benjamin H, 1980. "The Employment Sector of a Regional Policy Simulation Model," The Review of Economics and Statistics, MIT Press, vol. 62(1), pages 63-73, February.
  17. Behrman, Jere R & Birdsall, Nancy, 1983. "The Quality of Schooling: Quantity Alone is Misleading," American Economic Review, American Economic Association, vol. 73(5), pages 928-46, December.
  18. R. Paci & F. Pigliaru, 1998. "Growth and sectoral dynamics in the Italian regions," Working Paper CRENoS 199803, Centre for North South Economic Research, University of Cagliari and Sassari, Sardinia.
  19. Hart, R A & MacKay, D I, 1977. "Wage Inflation, Regional Policy and the Regional Earnings Structure," Economica, London School of Economics and Political Science, vol. 44(175), pages 267-81, August.
  20. Teresa Garcia-Milà & Therese McGuire, 2001. "Do Interregional Transfers Improve the Economic Performance of Poor Regions? The Case of Spain," International Tax and Public Finance, Springer, vol. 8(3), pages 281-296, May.
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Cited by:
  1. Bennett Sutton & Genevieve Lindow & Maria Isabel Serra & Gustavo Ramirez & Maria Fernanda Pazmino, 2006. "Regional Convergence in Latin America," IMF Working Papers 06/125, International Monetary Fund.
  2. Gerson Javier Pérez V. & Peter Rowland, . "Regional Economic Policies: Four Country Cases," Borradores de Economia 301, Banco de la Republica de Colombia.
  3. Peter Rowland, . "A Regional Study of the Colombian Corporate Sector: Differences, Trends and Developments in Different Cities," Borradores de Economia 373, Banco de la Republica de Colombia.
  4. Peter Rowland, 2006. "A Regional Study of the Colombian Corporate Sector:," BORRADORES DE ECONOMIA 001933, BANCO DE LA REPÚBLICA.

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