IDEAS home Printed from https://ideas.repec.org/p/bdr/region/264.html
   My bibliography  Save this paper

Una revisión de los estudios de convergencia regional en Colombia

Author

Listed:
  • Luis Armando Galvis-Aponte
  • Wendy Galvis-Larios
  • Lucas Wilfried Hahn-De-Castro

    (Banco de la República)

Abstract

El estudio de la convergencia regional en Colombia inició hace más de 20 años. La discusión académica ha sido extensa, pero sus resultados presentan poco consenso debido a diferencias en metodologías y periodos de estudio, entre otros factores. En este trabajo se lleva a cabo una revisión de los principales métodos y hallazgos realizados por la literatura nacional, utilizando cuatro definiciones alternativas de convergencia: 1) Convergencia ß, 2) Convergencia s, 3) Convergencia en series de tiempo y 4) Convergencia en la distribución. En general, la literatura nacional que implementa las primeras dos metodologías suele presentar resultados mixtos. No obstante, definiciones posteriores de convergencia han resultado en un mayor consenso académico. Usando cifras departamentales para los últimos 20 años, se presentan algunos ejercicios empíricos con cada uno de los enfoques anteriores. En particular, la distribución de la riqueza regional ha presentado pocas variaciones en el tiempo, fenómeno que se conoce en la literatura como persistencia. ******ABSTRACT: The study of regional convergence in Colombia started more than 20 years ago. The academic discussion has been extensive and its conclusions are diverse. This document revises the main methodologies and findings proposed by the Colombian literature, using four different definitions of convergence: 1) ß convergence; 2) s convergence; 3) Time series convergence and 4) Distribution dynamics. In general, the studies that implement the first two approaches generate mixed results. Nonetheless, the utilization of a recent definition of convergence provides more homogenous results. Using regional data for the last 20 years, we apply the former definitions of convergence for the case of Colombian departments. Output distribution across regions has not varied significantly in time, a circumstance that is often referred to in the literature as economic persistence.

Suggested Citation

  • Luis Armando Galvis-Aponte & Wendy Galvis-Larios & Lucas Wilfried Hahn-De-Castro, 2017. "Una revisión de los estudios de convergencia regional en Colombia," Documentos de trabajo sobre Economía Regional y Urbana 264, Banco de la Republica de Colombia.
  • Handle: RePEc:bdr:region:264
    DOI: 10.32468/dtseru.264
    as

    Download full text from publisher

    File URL: https://doi.org/10.32468/dtseru.264
    Download Restriction: no

    File URL: https://libkey.io/10.32468/dtseru.264?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    Other versions of this item:

    References listed on IDEAS

    as
    1. Bernard, Andrew B. & Durlauf, Steven N., 1996. "Interpreting tests of the convergence hypothesis," Journal of Econometrics, Elsevier, vol. 71(1-2), pages 161-173.
    2. Bonet-Morón, Jaime Alfredo & Meisel-Roca, Adolfo, 2001. "La convergencia regional en Colombia : una visión de largo plazo, 1926-1995," Chapters, in: Meisel-Roca, Adolfo (ed.), Regiones, ciudades y crecimiento económico en Colombia, chapter 1, pages 11-56, Banco de la Republica de Colombia.
    3. Jaime Bonet Morón & Adolfo Meisel Roca, 2007. "Polarización del ingreso Per Cápita departamental en Colombia, 1975-2000," Revista ESPE - Ensayos Sobre Política Económica, Banco de la República, vol. 25(54), pages 12-43, June.
    4. Quah, D., 1990. "Galton'S Fallacy And The Tests Of The Convergence Hypothesis," Working papers 552, Massachusetts Institute of Technology (MIT), Department of Economics.
    5. Binder, Michael & Pesaran, M Hashem, 1999. "Stochastic Growth Models and Their Econometric Implications," Journal of Economic Growth, Springer, vol. 4(2), pages 139-183, June.
    6. Jaramillo, Carlos Felipe & Nupia, Oskar Andrés & Romero, Carmen Astrid, 2001. "Integración en el mercado laboral colombiano : 1945-1998," Chapters, in: Meisel-Roca, Adolfo (ed.), Regiones, ciudades y crecimiento económico en Colombia, chapter 3, pages 91-146, Banco de la Republica de Colombia.
    7. Cem Ertur & Wilfried Koch, 2007. "Growth, technological interdependence and spatial externalities: theory and evidence," Journal of Applied Econometrics, John Wiley & Sons, Ltd., vol. 22(6), pages 1033-1062.
    8. Luis Armando Galvis & Adolfo Meisel, 2012. "Convergencia y trampas espaciales de pobreza en Colombia: Evidencia reciente," Documentos de trabajo sobre Economía Regional y Urbana 177, Banco de la Republica de Colombia.
    9. Ricardo Rocha & Alejandro Vivas, 1998. "Crecimiento regional en Colombia: ¿Persiste la desigualdad?," Revista de Economía del Rosario, Universidad del Rosario, January.
    10. Sebastián Acevedo, 2003. "Convergencia y crecimiento en Colombia: 1980 - 2000," Documentos de Trabajo CIEF 5430, Universidad EAFIT.
    11. Vicente Royuela & Gustavo Adolfo Garc�a, 2015. "Economic and Social Convergence in Colombia," Regional Studies, Taylor & Francis Journals, vol. 49(2), pages 219-239, February.
    12. Quah, Danny T, 1996. "Twin Peaks: Growth and Convergence in Models of Distribution Dynamics," Economic Journal, Royal Economic Society, vol. 106(437), pages 1045-1055, July.
    13. Kocherlakota, Narayana R. & Yi, Kei-Mu, 1995. "Can convergence regressions distinguish between exogenous and endogenous growth models?," Economics Letters, Elsevier, vol. 49(2), pages 211-215, August.
    14. Luis Armando Galvis A. & Adolfo Meisel, 2001. "El crecimiento económico de las ciudades colombianas y sus determinantes, 1973 - 1998," Coyuntura Económica, Fedesarrollo, March.
    15. Boris Branisa & Adriana Cardozo, 2009. "Revisiting the Regional Growth Convergence Debate in Colombia Using Income Indicators," Ibero America Institute for Econ. Research (IAI) Discussion Papers 194, Ibero-America Institute for Economic Research, revised 21 Aug 2009.
    16. Quah, Danny T., 1996. "Empirics for economic growth and convergence," European Economic Review, Elsevier, vol. 40(6), pages 1353-1375, June.
    17. Boris Branisa & Adriana Cardozo, 2009. "Regional Growth Convergence in Colombia Using Social Indicators," Ibero America Institute for Econ. Research (IAI) Discussion Papers 195, Ibero-America Institute for Economic Research.
    18. Birchenall Jiménez Javier Arturo, 1997. "Convergencia regional: una revisión del caso colombiano," Revista Desarrollo y Sociedad, Universidad de los Andes,Facultad de Economía, CEDE, September.
    19. den Haan, Wouter J., 1995. "Convergence in stochastic growth models The importance of understanding why income levels differ," Journal of Monetary Economics, Elsevier, vol. 35(1), pages 65-82, February.
    20. Quah, Danny, 1996. "Twin peaks : growth and convergence in models of distribution dynamics," LSE Research Online Documents on Economics 2278, London School of Economics and Political Science, LSE Library.
    21. Danny Quah, 1996. "Twin Peaks: Growth and Convergence in Models of Distribution Dynamics," CEP Discussion Papers dp0280, Centre for Economic Performance, LSE.
    22. Sebastián Acevedo, 2003. "Convergencia y crecimiento económico en Colombia 1980-2000," Revista Ecos de Economía, Universidad EAFIT, October.
    23. Mauricio Cárdenas & Adriana Pontón & Juan Pablo Trujillo, 1993. "Convergencia y migraciones interdepartamentales en Colombia: 1950 - 1983," Coyuntura Económica, Fedesarrollo, vol. 23(1), pages 111-137, April.
    24. Liliana Franco Vásquez & José Luis Raymond Bara, 2009. "Convergencia económica regional: el caso de los Departamentos colombianos," Revista Ecos de Economía, Universidad EAFIT, March.
    25. Bernard, Andrew B & Durlauf, Steven N, 1995. "Convergence in International Output," Journal of Applied Econometrics, John Wiley & Sons, Ltd., vol. 10(2), pages 97-108, April-Jun.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Angela Milena Rojas-Rivera & Juan Camilo Rengifo-López, 2021. "De lo simple a lo complejo: tres décadas del análisis de convergencia regional," Revista Sociedad y Economía, Universidad del Valle, CIDSE, issue 43, May.
    2. Diana Ricciulli-Marín & Jaime Bonet-Morón & Gerson Javier Pérez-Valbuena & Eduardo A. Haddad & Inácio F. Araújo & Fernando S. Perobelli, 2020. "Diferencias regionales en el impacto económico del aislamiento preventivo por el COVID-19: estudio de caso para Colombia," Documentos de Trabajo Sobre Economía Regional y Urbana 18203, Banco de la República, Economía Regional.
    3. Jaime Bonet-Morón & Gerson Javier Pérez-Valbuena & Luis Montero-Mestre, 2018. "Las finanzas públicas territoriales en Colombia: dos décadas de cambios," Documentos de Trabajo Sobre Economía Regional y Urbana 16258, Banco de la República, Economía Regional.

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Jesús Peiró-Palomino & William Orlando Prieto-Bustos & Emili Tortosa-Ausina, 2020. "Weighted convergence in Colombian departments: The role of geography and demography," Working Papers 2020/01, Economics Department, Universitat Jaume I, Castellón (Spain).
    2. Vicente Royuela & Gustavo Adolfo Garc�a, 2015. "Economic and Social Convergence in Colombia," Regional Studies, Taylor & Francis Journals, vol. 49(2), pages 219-239, February.
    3. Laura Ardila Rueda, 2004. "Gasto público y convergencia regional en Colombia," Revista ESPE - Ensayos sobre Política Económica, Banco de la Republica de Colombia, vol. 22(45), pages 222-268, June.
    4. Nazrul Islam, 2003. "What have We Learnt from the Convergence Debate?," Journal of Economic Surveys, Wiley Blackwell, vol. 17(3), pages 309-362, July.
    5. Diego Ismael León Nieto & Héctor Fabio Ríos Hernández, 2013. "Convergencia regional en el índice de desarrollo humano en Colombia," Revista Equidad y Desarrollo, Universidad de la Salle, October.
    6. Nicholas Apergis & Christina Christou & Stephen Miller, 2012. "Convergence patterns in financial development: evidence from club convergence," Empirical Economics, Springer, vol. 43(3), pages 1011-1040, December.
    7. Felipe Santos‐Marquez & Carlos Mendez, 2021. "Regional convergence, spatial scale, and spatial dependence: Evidence from homicides and personal injuries in Colombia 2010–2018," Regional Science Policy & Practice, Wiley Blackwell, vol. 13(4), pages 1162-1184, August.
    8. Cheong, Tsun Se & Wu, Yanrui, 2018. "Convergence and transitional dynamics of China's industrial output: A county-level study using a new framework of distribution dynamics analysis," China Economic Review, Elsevier, vol. 48(C), pages 125-138.
    9. Elizabeth C. Wakerly & Byron G. Scott & James M. Nason, 2006. "Common trends and common cycles in Canada: who knew so much has been going on?," Canadian Journal of Economics/Revue canadienne d'économique, John Wiley & Sons, vol. 39(1), pages 320-347, February.
    10. Ben Fine, 1998. "Endogenous Growth Theory: A Critical Assessment," Working Papers 80, Department of Economics, SOAS University of London, UK.
    11. Karina Acosta & Jaime Bonet-Morón, 2022. "Convergencia regional en Colombia en el Siglo XXI," Documentos de trabajo sobre Economía Regional y Urbana 308, Banco de la Republica de Colombia.
    12. Lucas Wilfried Hahn-De-Castro & Adolfo Meisel-Roca, 2018. "La desigualdad económica entre las regiones de Colombia, 1926-2016," Cuadernos de Historia Económica 47, Banco de la Republica de Colombia.
    13. Werner, Daniel, 2013. "New insights into the development of regional unemployment disparities," IAB-Discussion Paper 201311, Institut für Arbeitsmarkt- und Berufsforschung (IAB), Nürnberg [Institute for Employment Research, Nuremberg, Germany].
    14. Ka Yui Leung, Charles & Quah, Danny T., 1996. "Convergence, endogenous growth, and productivity disturbances," Journal of Monetary Economics, Elsevier, vol. 38(3), pages 535-547, December.
    15. Kacou Yves Thierry Kacou, 2022. "Interregional inequality in Africa, convergence, and multiple equilibria: Evidence from nighttime light data," Review of Development Economics, Wiley Blackwell, vol. 26(2), pages 918-940, May.
    16. Cristina Brasili & Luciano Gutierrez, 2004. "Regional convergence across European Union," Development and Comp Systems 0402002, University Library of Munich, Germany.
    17. Sulekha Hembram & Souparna Maji & Sushil Kr. Haldar, 2019. "Club Convergence among the Major Indian States During 1982–2014: Does Investment in Human Capital Matter?," South Asia Economic Journal, Institute of Policy Studies of Sri Lanka, vol. 20(2), pages 184-204, September.
    18. Paul Johnson & Chris Papageorgiou, 2020. "What Remains of Cross-Country Convergence?," Journal of Economic Literature, American Economic Association, vol. 58(1), pages 129-175, March.
    19. Sulekha Hembram & Sushil Kr. Haldar, 2019. "Beta, sigma and club convergence: Indian experience from 1980 to 2015," Indian Economic Review, Springer, vol. 54(2), pages 343-366, December.
    20. Arfat Ahmad Sofi & Subash Sasidharan & Mohammad Younus Bhat, 2023. "Economic growth and club convergence: Is there a neighbour's effect?," International Journal of Finance & Economics, John Wiley & Sons, Ltd., vol. 28(3), pages 2475-2494, July.

    More about this item

    Keywords

    Convergencia; Regiones; Colombia;
    All these keywords.

    JEL classification:

    • O18 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Urban, Rural, Regional, and Transportation Analysis; Housing; Infrastructure
    • R11 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - General Regional Economics - - - Regional Economic Activity: Growth, Development, Environmental Issues, and Changes

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:bdr:region:264. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Clorith Angélica Bahos Olivera (email available below). General contact details of provider: https://edirc.repec.org/data/brcgvco.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.