IDEAS home Printed from https://ideas.repec.org/p/col/000102/018360.html
   My bibliography  Save this paper

Bogotá y área de influencia: Tendencias económicas en las primeras dos décadas del siglo XXI

Author

Listed:
  • María Aguilera-Díaz
  • Rocío Mora-Quiñones
  • Carolina Ramírez-Rodríguez

Abstract

El objetivo del estudio es investigar las tendencias económicas de la ciudad capital y los municipios aledanos en las primeras dos décadas del siglo XXI. La motivación surgió por el menor crecimiento económico observado en Bogotá durante 2016 y 2017, el cual estuvo por debajo del observado en 2009 tras el coletazo de la crisis financiera internacional. En 2014 el deterioro de los términos de intercambio y los subsiguientes choques de oferta transitorios, como el fenómeno de El Nino, impactaron las economías regionales, entre las que Bogotá alcanzó un crecimiento bajo en 2016 y 2017, luego de haber mantenido una expansión de 4,3% entre 2010 y 2014. En el marco del proceso de ajuste macroeconómico, se investigaron para la ciudad capital y Cundinamarca los sectores económicos más dinámicos y con mayor interés en la industria manufacturera. Por medio de las estadísticas disponibles para Bogotá, se destacó una relación estrecha entre la producción real y el índice de confianza del consumidor. Por otro lado, si bien los municipios aledanos continúan activando la economía del casco periférico de la Sabana de Bogotá, la ciudad capital concentra un desarrollo importante en consumo y un nivel industrial importante junto con el avance de las actividades profesionales, científicas, técnicas y servicios administrativos a las empresas, que van de la mano con el progreso de las tecnologías y las comunicaciones. **** ABTRACT: The purpose of this study is to investigate the economic dynamics of Bogotá, the capital city of Colombia, and its neighboring municipalities over the first two decades of the 21st Century. The main motivation surged while perceiving a minor economic growth observed during 2016 and 2017, below the one observed after the international financial crisis. In 2014 the deterioration of the terms of trade and the following transitory supply shocks had an impact on the regional economies all over the country. Bogotá obtained low levels of growth in 2016 and 2017 after reaching 4.3% on average between 2010 and 2014. In the middle of the macroeconomic adjustment process, we investigated the performance of the capital’s economic activities, with special concern in the manufacturing industry. We observe a close relation in Bogotá between the real industry production and the consumer confidence index during the last period. On the other hand, although the municipalities continue to xpand their economies in the peripheral area of Bogota, the capital city gathers an active consumption development and industrial production, in addition to the progress of professional, scientific, technical and managerial services, closely related to technology and communication activities.

Suggested Citation

  • María Aguilera-Díaz & Rocío Mora-Quiñones & Carolina Ramírez-Rodríguez, 2020. "Bogotá y área de influencia: Tendencias económicas en las primeras dos décadas del siglo XXI," Documentos de Trabajo Sobre Economía Regional y Urbana 18360, Banco de la República, Economía Regional.
  • Handle: RePEc:col:000102:018360
    DOI: 10.32468/dtseru.291
    as

    Download full text from publisher

    File URL: https://doi.org/10.32468/dtseru.291
    Download Restriction: no

    File URL: https://libkey.io/10.32468/dtseru.291?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. 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.
    2. Ana María Estrada-Jabela & Lewis Enrique Polo-Espinosa & Gerson Javier Pérez-Valbuena & Lucas Wilfried Hahn-De-Castro, 2016. "Caracterización del mercado laboral en el sector hotelero de Cartagena y las principales áreas metropolitanas," Documentos de Trabajo Sobre Economía Regional y Urbana 14976, Banco de la República, Economía Regional.
    3. Juan Esteban Carranza & Stefany Moreno, 2013. "Tamaño y estructura vertical de la cadena de producción industrial colombiana desde 1990," Borradores de Economia 751, Banco de la Republica de Colombia.
    4. Franz Hamann & Fernando Arias-Rodríguez & Jesus Bejarano & Margarita Gafaro & Juan C. Mendez-Vizcaino & Andrea Paola Poveda-Olarte, 2019. "Productividad total de los factores y eficiencia en el uso de los recursos productivos en Colombia," Revista ESPE - Ensayos Sobre Política Económica, Banco de la República, issue 89, pages 1-54, February.
    5. Jaime Bonet-Morón & Diana Ricciulli-Marín & Gerson Javier Pérez-Valbuena & Luis Armando Galvis-Aponte & Eduardo A. Haddad & Inácio F. Araújo & Fernando S. Perobelli, 2020. "Impacto económico regional del Covid-19 en Colombia: un análisis insumo-producto," Documentos de trabajo sobre Economía Regional y Urbana 288, Banco de la Republica de Colombia.
    6. Ricardo ROCHA GARCIA, 2013. "Tercerización de Servicios Informáticos," Archivos de Economía 10703, Departamento Nacional de Planeación.
    7. Leah Platt Boustan & Devin Bunten & Owen Hearey, 2013. "Urbanization in the United States, 1800-2000," Working Papers 2013-7, Princeton University. Economics Department..
    8. Paul Krugman, 1992. "A Dynamic Spatial Model," NBER Working Papers 4219, National Bureau of Economic Research, Inc.
    Full references (including those not matched with items on IDEAS)

    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. Jaime Bonet-Morón & Diana Ricciulli-Marín & Daniela Peña, 2021. "San Andrés y Providencia en el siglo XXI y la pandemia del COVID-19," Documentos de Trabajo Sobre Economía Regional y Urbana 19118, Banco de la República, Economía Regional.
    2. Andrzej Cieślik & Bartłomiej Rokicki, 2016. "Individual wages and regional market potential," The Economics of Transition, The European Bank for Reconstruction and Development, vol. 24(4), pages 661-682, October.
    3. Saime Kayam & Alexandr Yabrukov & Mehtap Hisarciklilar, 2013. "What Causes the Regional Disparity of FDI in Russia? A Spatial Analysis," Transition Studies Review, Springer;Central Eastern European University Network (CEEUN), vol. 20(1), pages 63-78, April.
    4. Han, Feng & Ke, Shanzi, 2016. "The effects of factor proximity and market potential on urban manufacturing output," China Economic Review, Elsevier, vol. 39(C), pages 31-45.
    5. Peter Simmons & Yuanyuan Xie, 2013. "Where is the grass greener? A micro-founded model of migration with application to Guangdong," IZA Journal of Migration and Development, Springer;Forschungsinstitut zur Zukunft der Arbeit GmbH (IZA), vol. 2(1), pages 1-23, December.
    6. repec:spo:wpecon:info:hdl:2441/10184 is not listed on IDEAS
    7. Thierry Mayer, 2006. "Policy Coherence for Development: A Background Paper on Foreign Direct Investment," OECD Development Centre Working Papers 253, OECD Publishing.
    8. Jacks, David S. & Novy, Dennis, 2018. "Market Potential and Global Growth over the Long Twentieth Century," Journal of International Economics, Elsevier, vol. 114(C), pages 221-237.
    9. Gali, Jordi, 1995. "Expectations-driven spatial fluctuations," Regional Science and Urban Economics, Elsevier, vol. 25(1), pages 1-19, February.
    10. Marz, Waldemar & Şen, Suphi, 2022. "Does telecommuting reduce commuting emissions?," Journal of Environmental Economics and Management, Elsevier, vol. 116(C).
    11. Boiscuvier, Éléonore, 2001. "Innovation, intégration et développement régional," L'Actualité Economique, Société Canadienne de Science Economique, vol. 77(2), pages 255-280, juin.
    12. repec:hal:wpspec:info:hdl:2441/c8dmi8nm4pdjkuc9g8mb6c01j is not listed on IDEAS
    13. José Tomás Peláez S. & Lya Paola Sierra S., 2016. "Does Industrial Employment React to Movements in the Real Exchange Rate? An Empirical Analysis for Colombia, 2000-2010," Latin American Journal of Economics-formerly Cuadernos de Economía, Instituto de Economía. Pontificia Universidad Católica de Chile., vol. 53(1), pages 39-60, December.
    14. Smicha Ait Amokthar & Nadjia El Saadi & Yacine Belarbi, 2015. "Mod\'{e}lisation spatiale de la formation des agglom\'{e}rations dans la zone alg\'{e}roise," Papers 1508.00511, arXiv.org.
    15. Zachary Ward, 2016. "The Role of English Fluency in Migrant Assimilation: Evidence from United States History," CEH Discussion Papers 049, Centre for Economic History, Research School of Economics, Australian National University.
    16. Ottaviano, Gianmarco I. P., 2001. "Monopolistic competition, trade, and endogenous spatial fluctuations," Regional Science and Urban Economics, Elsevier, vol. 31(1), pages 51-77, February.
    17. Vitor Joao Pereira Domingues Martinho, 2011. "Geographic Concentration in Portugal and Regional Specific Factors," Papers 1110.5558, arXiv.org.
    18. Oleksandr Shepotylo, 2012. "Spatial complementarity of FDI: the example of transition countries," Post-Communist Economies, Taylor & Francis Journals, vol. 24(3), pages 327-349, October.
    19. Xavier Martínez-Giralt & José M. Usategui, 2006. "On Modeling Transport Costs," Working Papers 277, Barcelona School of Economics.
    20. Keith Head & Thierry Mayer, 2011. "Gravity, market potential and economic development," Journal of Economic Geography, Oxford University Press, vol. 11(2), pages 281-294, March.
    21. Roberto Ezcurra & Pedro Pascual & Manuel Rapún, 2006. "The Spatial Distribution Of Welfare In The European Union," Tijdschrift voor Economische en Sociale Geografie, Royal Dutch Geographical Society KNAG, vol. 97(4), pages 331-342, September.
    22. Roberto Ezcurra, 2009. "Does Income Polarization Affect Economic Growth? The Case of the European Regions," Regional Studies, Taylor & Francis Journals, vol. 43(2), pages 267-285.

    More about this item

    Keywords

    Bogotá; economía regional; calidad de vida; desarrollo económico; Bogotá; regional economy; quality of life; economic development;
    All these keywords.

    JEL classification:

    • I31 - Health, Education, and Welfare - - Welfare, Well-Being, and Poverty - - - General Welfare, Well-Being
    • J11 - Labor and Demographic Economics - - Demographic Economics - - - Demographic Trends, Macroeconomic Effects, and Forecasts
    • 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:col:000102:018360. 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: Banco De La República - Economía Regional (email available below). General contact details of provider: https://edirc.repec.org/data/cbcgvco.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.