IDEAS home Printed from https://ideas.repec.org/p/bdr/borrec/052.html
   My bibliography  Save this paper

Política Económica e Instituciones

Author

Listed:
  • Miguel Urrutia Montoya

Abstract

Es evidente la preocupación actual entre analistas y responsables de la política económica colombiana por las finanzas públicas del país. La preocupación tiene dos dimensiones: Las perspectivas sobre la suerte futura del déficit del sector público asociada a los ingresos y erogaciones del sistema de seguridad social, y el crecimiento casi continuo del gasto público total, más intenso que el del producto interno bruto, por lo menos desde los años 50. Puesto que el país ha venido soportando una o dos reformas tributarias por cuatrienio gubernamental en los últimos decenios, incluyendo en una de las más recientes el aumento de las cotizaciones a la seguridad social, la percepción general entre quienes tienen la mencionada preocupación parece inclinarse hacia el examen del gasto público, sin duda con la esperanza de que el freno a su expansión y algunos cambios en su composición permitan que la situación fiscal permanezca bajo control. ¿ Por qué ha crecido el gasto público? En las páginas siguientes se ofrece una respuesta. Pero la respuesta es apenas, una conjetura y se ubica en un nivel de abstracción bastante alto, quizás excesivamente alto a juicio de los lectores. Con todo, creo que la respuesta es útil para tratar de estimular nuevas reflexiones en vista de que tradicionalmente se ha considerado, en Colombia, que el gasto público es un dato exógeno, desde el punto de vista del economista, y que el gobierno es un ser benevolente que sólo por insuficiente información, "desgreño administrativo" e imposiciones jurídicas podría ejecutar un gasto público excesivo o ineficiente (1). Eso en cuanto al contenido. Por su forma, este documento es una nota académica. En el cuerpo central la nota se expresa de manera informal y, aparentemente, más sencilla. En el anexo toma forma matemática. (1) Esta Hipótesis es reiterada a lo largo del "Mensaje de la Comisión de Racionalización" (1996).
(This abstract was borrowed from another version of this item.)

Suggested Citation

  • Miguel Urrutia Montoya, 1996. "Política Económica e Instituciones," Borradores de Economia 052, Banco de la Republica de Colombia.
    • Handle: RePEc:bdr:borrec:052
    DOI: 10.32468/be.52
    as

    Download full text from publisher

    File URL: https://doi.org/10.32468/be.52
    Download Restriction: no
    File URL: https://libkey.io/10.32468/be.52?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. Bertola, Giuseppe, 1993. "Factor Shares and Savings in Endogenous Growth," American Economic Review, American Economic Association, vol. 83(5), pages 1184-1198, December.
    2. McGuire, Robert A & Ohsfeldt, Robert L, 1989. "Self-interest, Agency Theory, and Political Voting Behavior: The Ratification of the United States Constitution," American Economic Review, American Economic Association, vol. 79(1), pages 219-234, March.
    3. Alesina, Alberto & Spear, Stephen E., 1988. "An overlapping generations model of electoral competition," Journal of Public Economics, Elsevier, vol. 37(3), pages 359-379, December.
    4. Barro, Robert J, 1990. "Government Spending in a Simple Model of Endogenous Growth," Journal of Political Economy, University of Chicago Press, vol. 98(5), pages 103-126, October.
    5. Buchanan, James M, 1987. "The Constitution of Economic Policy," American Economic Review, American Economic Association, vol. 77(3), pages 243-250, June.
    6. Carlos A. Medina D. & Hernando Moreno G., 1995. "Desigualdad en la distribución del ingreso urbano en Colombia: un análisis de descomposición del coeficiente Gini," Coyuntura Social 13224, Fedesarrollo.
    7. Rogoff, Kenneth, 1990. "Equilibrium Political Budget Cycles," American Economic Review, American Economic Association, vol. 80(1), pages 21-36, March.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Mauricio Cárdenas & Roberto Junguito B. & Mónica Pachón B., 2006. "Political Institutions and Policy Outcomes in Colombia : the Effects of the 1991 Constitution," Coyuntura Económica, Fedesarrollo, June.
    2. Carlos Esteban Posada, 1998. "Los mercados de instituciones y las instituciones endogenas," Lecturas de Economía, Universidad de Antioquia, Departamento de Economía, issue 48, pages 149-168, Enero Jun.
    3. Sandra Patricia Martinez Tapias & Christian Fresard Briones, 1999. "Flujos de capitales en America Latina, 1990-1998," Lecturas de Economía, Universidad de Antioquia, Departamento de Economía, issue 50, pages 165-194, Enero Jun.

    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. carlos E. Posada, 1996. "Por qué ha Crecido el Gasto Público?," Borradores de Economia 051, Banco de la Republica de Colombia.
    2. Yogesh Uppal, 2011. "Does legislative turnover adversely affect state expenditure policy? Evidence from Indian state elections," Public Choice, Springer, vol. 147(1), pages 189-207, April.
    3. Huffman, Gregory W., 1996. "Endogenous tax determination and the distribution of wealth," Carnegie-Rochester Conference Series on Public Policy, Elsevier, vol. 45(1), pages 207-242, December.
    4. Caselli, Francesco & Morelli, Massimo, 2004. "Bad politicians," Journal of Public Economics, Elsevier, vol. 88(3-4), pages 759-782, March.
    5. Giorgio Bellettini & Carlotta Berti Ceroni, 1999. "Is Social Security Really Bad for Growth?," Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics, vol. 2(4), pages 796-819, October.
    6. S. Brock Blomberg, 1992. "Growth, political instability, and the defense burden," International Finance Discussion Papers 436, Board of Governors of the Federal Reserve System (U.S.).
    7. Günther Rehme, 2007. "Economic Growth and (Re-)Distributive Policies in a Non-cooperative World," Journal of Economics, Springer, vol. 91(1), pages 1-40, May.
    8. Anne Case, 1993. "Interstate tax competition after TRA86," Journal of Policy Analysis and Management, John Wiley & Sons, Ltd., vol. 12(1), pages 136-148.
    9. Günther Rehme, 2011. "Endogenous Policy And Cross‐Country Growth Empirics," Scottish Journal of Political Economy, Scottish Economic Society, vol. 58(2), pages 262-296, May.
    10. George Economides & Jim Malley & Apostolis Philippopoulos & Ulrich Woitek, 2003. "Electoral Uncertainty, Fiscal Policies & Growth: Theory and Evidence from Germany, the UK and the US," CESifo Working Paper Series 1072, CESifo.
    11. César Martinelli & John Duggan, 2014. "The Political Economy of Dynamic Elections: A Survey and Some New Results," Working Papers 1403, Centro de Investigacion Economica, ITAM.
    12. Clemens, Christiane & Heinemann, Maik, 2015. "Endogenous growth and wealth inequality under incomplete markets and idiosyncratic risk," Journal of Macroeconomics, Elsevier, vol. 45(C), pages 300-317.
    13. Gunther Rehme, 2002. "Distributive Policies and Economic Growth: An Optimal Taxation Approach," Metroeconomica, Wiley Blackwell, vol. 53(3), pages 315-338, August.
    14. Diego Aboal, 2020. "Electoral systems and economic growth," Economia Politica: Journal of Analytical and Institutional Economics, Springer;Fondazione Edison, vol. 37(3), pages 781-805, October.
    15. Holger Strulik, 2007. "A distributional theory of government growth," Public Choice, Springer, vol. 132(3), pages 305-318, September.
    16. Amrita Dhillon & Myrna Wooders & Ben Zissimos, 2007. "Tax Competition Reconsidered," Journal of Public Economic Theory, Association for Public Economic Theory, vol. 9(3), pages 391-423, June.
    17. Rehme, Günther, 2014. "Endogenous (re-)distributive policies and economic growth: A comparative static analysis," Economic Modelling, Elsevier, vol. 40(C), pages 355-366.
    18. Rehme, Gunther, 2006. "Redistribution and economic growth in integrated economies," Journal of Macroeconomics, Elsevier, vol. 28(2), pages 392-408, June.
    19. Klaus Schmidt-Hebbel & José-Carlos Tello, 2014. "The Political Economy of Growth, Inequality, the Size and Composition of Government Spending," Working Papers 19, Peruvian Economic Association.
    20. Henrik Jordahl, 2006. "An economic analysis of voting in Sweden," Public Choice, Springer, vol. 127(3), pages 251-265, June.

    More about this item

    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:bdr:borrec:052. 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: Clorith Angélica Bahos Olivera (email available below). General contact details of provider: https://edirc.repec.org/data/brcgvco.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.