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Inestabilidad institucional, evidencia para Colombia: la violencia y el crecimiento económico en el periodo 1950-2010

Author

Listed:
  • Álvaro Hurtado Rendón
  • Luis Alfredo Molina

Abstract

La incertidumbre bajo periodos de inestabilidad institucional, traducida en violencia, puede destruir las dotaciones de capital físico y humano de la economía y, desestimular la inversión. En este trabajo se analiza el impacto de largo plazo de la violencia en el crecimiento económico de Colombia, en el período 1950-2010. La evidencia econométrica apoya la existencia de una relación negativa entre la violencia, medida por la tasa de homicidios, y el crecimiento económico. Los resultados sugieren que se debe realizar un esfuerzo institucional concertado para mejorar la inversión en educación y seguridad con el fin de acelerar el crecimiento.

Suggested Citation

  • Álvaro Hurtado Rendón & Luis Alfredo Molina, 2012. "Inestabilidad institucional, evidencia para Colombia: la violencia y el crecimiento económico en el periodo 1950-2010," Documentos de Trabajo de Valor Público 10572, Universidad EAFIT.
    • Handle: RePEc:col:000122:010572
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    References listed on IDEAS

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    JEL classification:

    • C51 - Mathematical and Quantitative Methods - - Econometric Modeling - - - Model Construction and Estimation
    • H56 - Public Economics - - National Government Expenditures and Related Policies - - - National Security and War
    • J24 - Labor and Demographic Economics - - Demand and Supply of Labor - - - Human Capital; Skills; Occupational Choice; Labor Productivity
    • O47 - Economic Development, Innovation, Technological Change, and Growth - - Economic Growth and Aggregate Productivity - - - Empirical Studies of Economic Growth; Aggregate Productivity; Cross-Country Output Convergence

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