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Crecimiento Económico y Gasto Público: Un Modelo para el Caso Colombiano

  • Carlos Esteban Posada

    ()

  • Wilman Gómez

La tasa de crecimiento económico puede estar positivamente relacionada con el gasto público en capital humano e infraestructura física. Pero el gasto público tiene un costo de oportunidad, así que debe existir un nivel óptimo de tal gasto. En este documento se presenta un modelo de crecimiento económico con gasto público en esos rubros y los resultados de las simulaciones con aquel para estimar o evaluar, en el caso colombiano: 1) los niveles óptimos del gasto público en capital humano e infraestructura, 2) la pérdida de bienestar social derivada de financiar el gasto público con impuestos que distorsionan la asignación de los recursos, 3) los tiempos requeridos y las velocidades de convergencia al estado estable a partir de situaciones alejadas de éste y 4) la importancia relativa de dos motores principales del crecimiento económico: la acumulación de acervos productivos (en capital físico individual, capital humano e infraestructura) y el cambio técnico no incorporado y exógeno.

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Paper provided by BANCO DE LA REPÚBLICA in its series BORRADORES DE ECONOMIA with number 002218.

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Length: 69
Date of creation: 30 Sep 2002
Date of revision:
Handle: RePEc:col:000094:002218
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  1. Sergio T. Rebelo, 1990. "Long Run Policy Analysis and Long Run Growth," NBER Working Papers 3325, National Bureau of Economic Research, Inc.
  2. King, Robert G & Rebelo, Sergio, 1990. "Public Policy and Economic Growth: Developing Neoclassical Implications," Journal of Political Economy, University of Chicago Press, vol. 98(5), pages S126-50, October.
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  4. George J. Borjas & Olga Lucía Acosta Navarro, 2000. "Education reform in Colombia," WORKING PAPERS SERIES. DOCUMENTOS DE TRABAJO 003427, FEDESARROLLO.
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  8. King, R.G. & Rebelo, S.T., 1989. "Transitional Dynamics And Economic Growth In The Neoclassical Model," RCER Working Papers 206, University of Rochester - Center for Economic Research (RCER).
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  12. repec:cup:cbooks:9780521662918 is not listed on IDEAS
  13. Jairo NUÑEZ MENDEZ & Roberto STEINER & Ximena CADENA & Renata PARDO, 2002. "¿Cuáles colegios ofrecen mejor educación en Colombia?," ARCHIVOS DE ECONOMÍA 003795, DEPARTAMENTO NACIONAL DE PLANEACIÓN.
  14. Kalaitzidakis, P. & Mamuneas, T.P. & Savvides, A. & Stengos, T., 2000. "Measures of Human Capital and Nonlinearities in Economic Growth," Working Papers 2000-5, University of Guelph, Department of Economics and Finance.
  15. Juan Carlos ECHEVERRY & Andrés ESCOBAR & Mauricio SANTA MARIA, 2002. "Tendencias, ciclos y distribución del ingreso en Colombia: Una crítica al concepto de modelo de desarrollo," ARCHIVOS DE ECONOMÍA 003554, DEPARTAMENTO NACIONAL DE PLANEACIÓN.
  16. Esfahani, Hadi Salehi & Ramirez, Maria Teresa, 2003. "Institutions, infrastructure, and economic growth," Journal of Development Economics, Elsevier, vol. 70(2), pages 443-477, April.
  17. Sugata Ghosh, 2002. "On public investment, long-run growth, and the real exchange rate," Oxford Economic Papers, Oxford University Press, vol. 54(1), pages 72-90, January.
  18. Alwyn Young, 1998. "Paasche vs. Laspeyres: The Elasticity of Substitution and Bias in Measures of TFP Growth," NBER Working Papers 6663, National Bureau of Economic Research, Inc.
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  20. Bleaney, Michael & Nishiyama, Akira, 2002. " Explaining Growth: A Contest between Models," Journal of Economic Growth, Springer, vol. 7(1), pages 43-56, March.
  21. Limao, Nuno & Venables, Anthony J., 1999. "Infrastructure, geographical disadvantage, and transport costs," Policy Research Working Paper Series 2257, The World Bank.
  22. McDonald, Scott & Roberts, Jennifer, 2002. "Growth and multiple forms of human capital in an augmented Solow model: a panel data investigation," Economics Letters, Elsevier, vol. 74(2), pages 271-276, January.
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  24. Pritchett, Lant, 1996. "Where has all the education gone?," Policy Research Working Paper Series 1581, The World Bank.
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