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Regional economic disparities in Colombia

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  • Bonet, Jaime
  • Meisel, Adolfo

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Abstract

This paper advances the analysis of regional income convergence inColombia, through the use of the income data recently estimated for the departments,the main subnational political units. The results show a polarization process betweenBogotá and the rest of the departments. The preponderance of Bogotá during the periodanalyzed is also discussed: its per capita income is more than double that of thenational average, and more than eight times the per capita income of the poorest department,Chocó. Persistence in the departmental per capita income ranking is observed:Bogotá is always ahead, while the departments in the periphery are in the last places.The findings lead to the conclusion that it is necessary to design policies to correctthe significant disparities in per capita income between Colombian regions.

Suggested Citation

  • Bonet, Jaime & Meisel, Adolfo, 2009. "Regional economic disparities in Colombia," INVESTIGACIONES REGIONALES - Journal of REGIONAL RESEARCH, Asociación Española de Ciencia Regional, issue 14, pages 61-80.
  • Handle: RePEc:ris:invreg:0101
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    1. Jaime Bonet & Adolfo Meisel, 1999. "La convergencia regional en Colombia: una visión de largo plazo 1926-1995," COYUNTURA ECONÓMICA, FEDESARROLLO, March.
    2. Krugman, Paul & Elizondo, Raul Livas, 1996. "Trade policy and the Third World metropolis," Journal of Development Economics, Elsevier, vol. 49(1), pages 137-150, April.
    3. 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.
    4. Jaime Bonet Morón, 2006. "Desequilibrios regionales en la política de descentralización en Colombia," Documentos de trabajo sobre Economía Regional y Urbana 77, Banco de la Republica de Colombia.
    5. Laura Ardila Rueda, 2004. "Gasto público y convergencia regional en Colombia," Ensayos sobre Política Económica, Banco de la Republica de Colombia, vol. 22(45), pages 222-268, Junio.
    6. Quah, Danny, 1997. "Empirics for Growth and Distribution: Stratification, Polarization, and Convergence Clubs," CEPR Discussion Papers 1586, C.E.P.R. Discussion Papers.
    7. Ricardo Rocha & Alejandro Vivas, 1998. "Crecimiento regional en Colombia: ¿Persiste la desigualdad?," REVISTA DE ECONOMÍA DEL ROSARIO, UNIVERSIDAD DEL ROSARIO, January.
    8. Boris Salazar Trujillo, 1994. "Fábula y Trama en el Relato de la Convergencia," DOCUMENTOS DE TRABAJO-CIDSE 004009, UNIVERSIDAD DEL VALLE - CIDSE.
    9. Danny Quah, 1996. "Twin Peaks: Growth and Convergence in Models of Distribution Dynamics," CEP Discussion Papers dp0280, Centre for Economic Performance, LSE.
    10. Dapeng Hu & Masahisa Fujita, 2001. "Regional disparity in China 1985-1994: The effects of globalization and economic liberalization," The Annals of Regional Science, Springer;Western Regional Science Association, vol. 35(1), pages 3-37.
    11. Cristina Fernández M., 1998. "Agglomeration and Trade: The Case of Colombia," Ensayos sobre Política Económica, Banco de la Republica de Colombia, vol. 17(33), pages 85-123, Junio.
    12. Birchenall Jiménez Javier Arturo, 1997. "Convergencia regional: una revisión del caso colombiano," REVISTA DESARROLLO Y SOCIEDAD, UNIVERSIDAD DE LOS ANDES-CEDE, September.
    13. Quah, Danny T, 1997. "Empirics for Growth and Distribution: Stratification, Polarization, and Convergence Clubs," Journal of Economic Growth, Springer, vol. 2(1), pages 27-59, March.
    14. Adolfo Meisel, 1993. "¿Polarización o convergancia? A propósito de Cárdenas, Pontón y Trujillo," COYUNTURA ECONÓMICA, FEDESARROLLO, vol. 23(2), pages 153-160, July.
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    Cited by:

    1. repec:col:000093:015841 is not listed on IDEAS
    2. Paula Herrera-Idárraga & Enrique López-Bazo & Elisabet Motellón, 2016. "Regional Wage Gaps, Education and Informality in an Emerging Country: The Case of Colombia," Spatial Economic Analysis, Taylor & Francis Journals, vol. 11(4), pages 432-456, October.
    3. Rojas Rivera, Angela Milena & Rengifo López, Juan Camilo, 2016. "Desarrollo económico y espacial desigual: panorama teórico y aproximaciones al caso colombiano," BORRADORES DEPARTAMENTO DE ECONOMÍA 015257, UNIVERSIDAD DE ANTIOQUIA - CIE.
    4. Vicente Royuela & Gustavo Adolfo García, 2015. "Economic and Social Convergence in Colombia," Regional Studies, Taylor & Francis Journals, vol. 49(2), pages 219-239, February.

    More about this item

    Keywords

    Convergence; polarization; disparities; income; region; Colombia;

    JEL classification:

    • O18 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Urban, Rural, Regional, and Transportation Analysis; Housing; Infrastructure
    • O47 - Economic Development, Innovation, Technological Change, and Growth - - Economic Growth and Aggregate Productivity - - - Empirical Studies of Economic Growth; Aggregate Productivity; Cross-Country Output Convergence
    • O54 - Economic Development, Innovation, Technological Change, and Growth - - Economywide Country Studies - - - Latin America; Caribbean
    • R11 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - General Regional Economics - - - Regional Economic Activity: Growth, Development, Environmental Issues, and Changes
    • R12 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - General Regional Economics - - - Size and Spatial Distributions of Regional Economic Activity; Interregional Trade (economic geography)

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