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Cano limón: bonanza petrolera, economía e instituciones en el departamento de Arauca

Author

Listed:
  • Daniela Cárdenas Sánchez
  • Cristian Camilo Dueñas Ruiz

Abstract

El descubrimiento del yacimiento petrolífero de Cano Limón en 1983 fomentó una bonanza sin precedentes en la historia de Arauca. No obstante, dicho departamento mantiene hoy rezagos fundamentales en términos económicos y sociales. El presente texto busca determinar el impacto del descubrimiento y posterior explotación del yacimiento Cano Limón sobre la economía de Arauca. Desde un enfoque institucionalista, se realiza un análisis estadístico-descriptivo sobre el comportamiento de la explotación petrolera, el crecimiento económico y los indicadores socioeconómicos durante los períodos de 1990 a 2005 y de 2005 a 2018, para los departamentos de Arauca, Meta y Casanare, y los 7 municipios araucanos. A partir de ello, se concluye que el impacto económico del descubrimiento y explotación de Cano Limón fue limitado, en términos de crecimiento y bienestar de la población, debido a la debilidad de las instituciones locales. *** The discovery of the Cano Limón oilfield in 1983 triggered an unprecedented bonanza in Arauca’s history. Today, however, this region lags behind in economic and social terms. This paper seeks to determine the impact of the discovery and subsequent exploitation of the Cano Limón oilfield on Arauca’s economy. From an institutional approach, a statistical-descriptive analysis is carried out on the behaviour of oil exploitation, economic growth, and socioeconomic indicators during the periods 1990 to 2005 and 2005 to 2018, for the departments of Arauca, Meta and Casanare, and the seven Araucanian municipalities. From this, it is concluded that the economic impact of the discovery and exploitation of Cano Limón was limited, in terms of growth and well-being of the population, due to the weakness of local institutions.

Suggested Citation

  • Daniela Cárdenas Sánchez & Cristian Camilo Dueñas Ruiz, 2021. "Cano limón: bonanza petrolera, economía e instituciones en el departamento de Arauca," Econógrafos, Escuela de Economía 19221, Universidad Nacional de Colombia, FCE, CID.
  • Handle: RePEc:col:000176:019221
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    File URL: http://fce.unal.edu.co/centro-editorial/docs/econografos-escuela-economia/163-cano-limon-bonanza-petrolera-economia-e-instituciones-en-el-departamento-de-arauca
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    More about this item

    Keywords

    instituciones; bonanza petrolera; crecimiento; desarrollo; bienestar;
    All these keywords.

    JEL classification:

    • N56 - Economic History - - Agriculture, Natural Resources, Environment and Extractive Industries - - - Latin America; Caribbean
    • N76 - Economic History - - Economic History: Transport, International and Domestic Trade, Energy, and Other Services - - - Latin America; Caribbean
    • O43 - Economic Development, Innovation, Technological Change, and Growth - - Economic Growth and Aggregate Productivity - - - Institutions and Growth
    • Q02 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - General - - - Commodity Market

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