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Precio del carbón y dinámica laboral en Valledupar

Author

Listed:
  • Luis E. Arango

    ()

  • Luz A. Flórez

    ()

  • María A. Olarte-Delgado

    ()

Abstract

Se realiza una descripción del mercado laboral en Valledupar en el periodo 2007-2017 encontrando que, a partir de la caída de los precios del carbón desde 2014, este se deterioró de manera significativa, reflejándose en una mayor tasa de desempleo especialmente de los más educados, las mujeres y los jóvenes. Los resultados econométricos, utilizando datos mensuales hasta 2016, confirman que los cambios en los precios del carbón tienen un efecto positivo en la participación laboral y en los salarios reales. Adicionalmente, se encuentra que los retornos a la educación superior en Valledupar son menores respecto de otras ciudades del país, especialmente para los universitarios, a pesar del proceso de convergencia en la composición de la fuerza laboral educada. **** ABSTRACT: In this paper, we present a description of the labour market in Valledupar for the period 2007-2017. We find that after the fall of coal prices, the labour market has presented a significant deterioration, reflected in the increase of unemployment rate, especially for the most educated, women and youth. The econometric results, by using monthly data up to 2016, confirm that changes in coal prices have a positive and significant effect in labour participation and real wages. Moreover, we find that the return of higher education in Valledupar is lower compared to the rest of cities in Colombia, even when taking into account the convergence process of the composition of educated labour force.

Suggested Citation

  • Luis E. Arango & Luz A. Flórez & María A. Olarte-Delgado, 2018. "Precio del carbón y dinámica laboral en Valledupar," Documentos de Trabajo Sobre Economía Regional y Urbana 016602, Banco de la República - Economía Regional.
  • Handle: RePEc:col:000102:016602
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    References listed on IDEAS

    as
    1. Luis Eduardo Arango & Freddy Felipe Parra-Escobar & Álvaro José Pinzón-Giraldo, 2016. "El ciclo económico y el mercado de trabajo en Colombia: 1984-2014," Revista ESPE - Ensayos Sobre Política Económica, Banco de la República - ESPE, vol. 34(81), pages 206-228, November.
    2. Camilo Alberto Cárdenas Hurtado & María Alejandra Hernández Montes & Jhon Edwar Torres Gorron, 2015. "A Statistical Analysis of Heterogeneity on Labour Markets and Unemployment Rates in Colombia," Revista Desarrollo y Sociedad, Universidad de los Andes - CEDE, August.
    3. Luis E. Arango & Luz A. Flórez, 2017. "Informalidad laboral y elementos para un salario mínimo diferencial por regiones en Colombia," Borradores de Economia 1023, Banco de la Republica de Colombia.
    4. Moretti, Enrico, 2004. "Estimating the social return to higher education: evidence from longitudinal and repeated cross-sectional data," Journal of Econometrics, Elsevier, vol. 121(1-2), pages 175-212.
    5. Carlos Esteban Posada & Luis Eduardo Arango, 2002. "La Participación Laboral En Colombia," BORRADORES DE ECONOMIA 003047, BANCO DE LA REPÚBLICA.
    6. Carlos Felipe Prada, 2006. "¿Es rentable la decisión de estudiar en Colombia?," Revista ESPE - Ensayos sobre Política Económica, Banco de la Republica de Colombia, vol. 24(51), pages 226-323, June.
    7. Cristina Fernandez & Leonardo Villar, 2017. "The Impact of Lowering the Payroll Tax on Informality in Colombia," Economía Journal, The Latin American and Caribbean Economic Association - LACEA, vol. 0(Fall 2017), pages 125-155, November.
    8. repec:bdr:bdrcap:2011-12-209-252 is not listed on IDEAS
    9. Galvis-Aponte, Luis Armando, 2011. "Diferenciales salariales por género y región en Colombia : una aproximación con regresión por cuantiles," Chapters,in: Bonilla-Mejía, Leonardo (ed.), Dimensión regional de las desigualdades en Colombia, chapter 6, pages 209-252 Banco de la Republica de Colombia.
    10. Adriana Camacho & Julián Messina & Juan Pablo Uribe, 2017. "The Expansion of Higher Education in Colombia: Bad Students or Bad Programs?," Documentos CEDE 015352, Universidad de los Andes - CEDE.
    11. repec:bdr:ensayo:v::y:2006:i:51:p:226-323 is not listed on IDEAS
    12. Juan Ricardo Perilla & Juan Ricardo Perilla, 2010. "Descomposición sectorial y dinámica del impacto de los precios del petróleo sobre el Crecimiento Económico en Colombia," Archivos de Economía 006446, Departamento Nacional de Planeación.
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    More about this item

    Keywords

    Valledupar; desempleo; ocupación; participación laboral; retornos a la educación; unemployment; occupation; labour participation; returns to education.;

    JEL classification:

    • J21 - Labor and Demographic Economics - - Demand and Supply of Labor - - - Labor Force and Employment, Size, and Structure
    • J23 - Labor and Demographic Economics - - Demand and Supply of Labor - - - Labor Demand
    • J24 - Labor and Demographic Economics - - Demand and Supply of Labor - - - Human Capital; Skills; Occupational Choice; Labor Productivity
    • J30 - Labor and Demographic Economics - - Wages, Compensation, and Labor Costs - - - General
    • R11 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - General Regional Economics - - - Regional Economic Activity: Growth, Development, Environmental Issues, and Changes

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