IDEAS home Printed from https://ideas.repec.org/p/col/000102/014614.html
   My bibliography  Save this paper

Los gobiernos departamentales y la inversión de regalías en Colombia

Author

Listed:
  • Karelys Guzmán-Finol
  • Ana María Estrada-Jabela

Abstract

Este trabajo describe cómo, a raíz del establecimiento del Sistema General de Regalías (SGR) en 2012, los departamentos colombianos ahora no solo ejecutan más recursos sino que tienen mayor participación en la escogencia de los proyectos que van a financiarse. Además, se analiza la manera en que se han invertido los recursos teniendo en cuenta los costos de oportunidad y las necesidades de los departamentos. El periodo de estudio es 2012-2015. Se pudieron identificar algunas diferencias en el patrón de la inversión al comparar departamentos productores y no productores. Asimismo, al evaluar la correspondencia entre la participación de algunos sectores (como transporte, ciencia y tecnología, educación, vivienda) en el valor de los proyectos aprobados e indicadores, como la cobertura en educación, el número de investigadores y grupos de investigación, el índice de déficit habitacional y el estado de las vías, no se observan altas correlaciones. ******ABSTRACT: This paper describes how, following the establishment of the General Royalties System (SGR) in 2012, the Colombian departments now have more resources and a greater participation in the selection of projects to be funded. We also discuss how resources have been invested, taking into account opportunity costs and the needs of the departments. The study period is 2012-2015. We were able to identify some differences in the pattern of investment of producers and non-producing departments. Moreover, in assessing the correspondence between the participation of some sectors (such as transport, science and technology, education, housing) to the value of approved projects and indicators, such as education coverage, the number of researchers and research groups, the housing deficit and the state of the roads, we did not observed high correlations.

Suggested Citation

  • Karelys Guzmán-Finol & Ana María Estrada-Jabela, 2016. "Los gobiernos departamentales y la inversión de regalías en Colombia," Documentos de Trabajo Sobre Economía Regional y Urbana 14614, Banco de la República, Economía Regional.
  • Handle: RePEc:col:000102:014614
    DOI: 10.32468/dtseru.236
    as

    Download full text from publisher

    File URL: https://doi.org/10.32468/dtseru.236
    Download Restriction: no

    File URL: https://libkey.io/10.32468/dtseru.236?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
    ---><---

    More about this item

    Keywords

    Colombia; regalías; departamentos; inversión; necesidades.;
    All these keywords.

    JEL classification:

    • E62 - Macroeconomics and Monetary Economics - - Macroeconomic Policy, Macroeconomic Aspects of Public Finance, and General Outlook - - - Fiscal Policy; Modern Monetary Theory
    • R53 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - Regional Government Analysis - - - Public Facility Location Analysis; Public Investment and Capital Stock
    • H50 - Public Economics - - National Government Expenditures and Related Policies - - - General
    • H70 - Public Economics - - State and Local Government; Intergovernmental Relations - - - General

    NEP fields

    This paper has been announced in the following NEP Reports:

    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:col:000102:014614. 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.

    We have no bibliographic references for this item. You can help adding them by using 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: Banco De La República - Economía Regional (email available below). General contact details of provider: https://edirc.repec.org/data/cbcgvco.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.