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Precio del carbón y dinámica laboral en Valledupar

Author

Listed:
  • Luis E. Arango

    ()

  • Luz A. Flórez

    ()

  • María A. Olarte-Delgado

    ()

Abstract

In this paper, we present a description of the labour market in Valledupar for the period 2007-2017. We find that after the fall of coal prices, the labour market has presented a significant deterioration, reflected in the increase of unemployment rate, especially for the most educated, women and youth. The econometric results confirm that changes in coal prices have a positive and significant effect in labour participation and real wages. Moreover, we find that the return of higher education in Valledupar is lower, compared to the rest of cities in Colombia.

Suggested Citation

  • Luis E. Arango & Luz A. Flórez & María A. Olarte-Delgado, 2019. "Precio del carbón y dinámica laboral en Valledupar," Revista de Economía del Rosario, Universidad del Rosario, vol. 22(2), pages 313-370, December.
  • Handle: RePEc:col:000151:017981
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    References listed on IDEAS

    as
    1. Luis Eduardo Arango & Freddy Felipe Parra-Escobar & Álvaro José Pinzón-Giraldo, 2016. "El ciclo económico y el mercado de trabajo en Colombia: 1984-2014," Revista ESPE - Ensayos sobre Política Económica, Banco de la Republica de Colombia, vol. 34(81), pages 206-228, December.
    2. Arango-Thomas, Luis Eduardo, 2012. "Mercado de trabajo de Colombia : suma de partes heterogéneas," Chapters, in: Arango-Thomas, Luis Eduardo & Hamann-Salcedo, Franz Alonso (ed.), El mercado de trabajo en Colombia : hechos, tendencias e instituciones, chapter 4, pages 167-205, Banco de la Republica de Colombia.
    3. Camilo Alberto Cárdenas Hurtado & María Alejandra Hernández Montes & Jhon Edwar Torres Gorron, 2015. "A Statistical Analysis of Heterogeneity on Labour Markets and Unemployment Rates in Colombia," Revista Desarrollo y Sociedad, Universidad de los Andes - CEDE, August.
    4. Luis E. Arango & Luz A. Flórez, 2017. "Informalidad laboral y elementos para un salario mínimo diferencial por regiones en Colombia," Borradores de Economia 1023, Banco de la Republica de Colombia.
    5. Moretti, Enrico, 2004. "Estimating the social return to higher education: evidence from longitudinal and repeated cross-sectional data," Journal of Econometrics, Elsevier, vol. 121(1-2), pages 175-212.
    6. Carlos Esteban Posada & Luis Eduardo Arango, 2002. "La Participación Laboral En Colombia," BORRADORES DE ECONOMIA 003047, BANCO DE LA REPÚBLICA.
    7. Luis Eduardo Arango & Freddy Felipe Parra-Escobar & Álvaro José Pinzón-Giraldo, 2016. "El ciclo económico y el mercado de trabajo en Colombia: 1984-2014," Revista ESPE - Ensayos Sobre Política Económica, Banco de la República - ESPE, vol. 34(81), pages 206-228, November.
    8. Carlos Felipe Prada, 2006. "¿Es rentable la decisión de estudiar en Colombia?," Revista ESPE - Ensayos sobre Política Económica, Banco de la Republica de Colombia, vol. 24(51), pages 226-323, June.
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    14. Juan Ricardo Perilla & Juan Ricardo Perilla, 2010. "Descomposición sectorial y dinámica del impacto de los precios del petróleo sobre el Crecimiento Económico en Colombia," Archivos de Economía 006446, Departamento Nacional de Planeación.
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    More about this item

    Keywords

    Valledupar; unemployment; occupation; labour participation; returns to education;
    All these keywords.

    JEL classification:

    • J21 - Labor and Demographic Economics - - Demand and Supply of Labor - - - Labor Force and Employment, Size, and Structure
    • J23 - Labor and Demographic Economics - - Demand and Supply of Labor - - - Labor Demand
    • J24 - Labor and Demographic Economics - - Demand and Supply of Labor - - - Human Capital; Skills; Occupational Choice; Labor Productivity
    • J30 - Labor and Demographic Economics - - Wages, Compensation, and Labor Costs - - - General
    • R11 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - General Regional Economics - - - Regional Economic Activity: Growth, Development, Environmental Issues, and Changes

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