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Regional Economic Growth in Colombia: the role of Fiscal corruption and the Armed conflict

Author

Listed:
  • Marcos Herrera-Gómez

    (CONICET-CIANECO, Universidad Nacional de Río Cuarto)

  • Sadit Ruano

    (Universidad de Zaragoza)

  • Manuel Salvador Figueras

    (Universidad de Zaragoza)

Abstract

This research explores the impact of armed violence and corruption on the economic growth of Colombia’s departments from 1991 to 2017. Using models of spatial panels, statics and dynamics, we detect positive space-time indirect effects on departmental growth, including evidence of beta-convergence. Specifically, fiscal corruption exhibited a significant negative impact on short-term economic growth. Moreover, corruption primarily affected growth at the local level, with limited spillover effects observed from neighboring regions. Interestingly, our analysis did not yield statistically significant evidence regarding the impact of armed violence on economic growth.

Suggested Citation

  • Marcos Herrera-Gómez & Sadit Ruano & Manuel Salvador Figueras, 2026. "Regional Economic Growth in Colombia: the role of Fiscal corruption and the Armed conflict," INVESTIGACIONES REGIONALES - Journal of REGIONAL RESEARCH, Asociación Española de Ciencia Regional, vol. 65(65), pages 67-90, June.
    • Handle: RePEc:ris:invreg:022921
    DOI: 10.38191/iirr-jorr.24.058
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    Keywords

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    JEL classification:

    • O47 - Economic Development, Innovation, Technological Change, and Growth - - Economic Growth and Aggregate Productivity - - - Empirical Studies of Economic Growth; Aggregate Productivity; Cross-Country Output Convergence
    • C23 - Mathematical and Quantitative Methods - - Single Equation Models; Single Variables - - - Models with Panel Data; Spatio-temporal Models
    • D73 - Microeconomics - - Analysis of Collective Decision-Making - - - Bureaucracy; Administrative Processes in Public Organizations; Corruption
    • D74 - Microeconomics - - Analysis of Collective Decision-Making - - - Conflict; Conflict Resolution; Alliances; Revolutions

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