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The Dynamic Market for Short-Cycle Higher Education Programs

Author

Listed:
  • Juan Esteban Carranza

    (Banco de la Republica)

  • Maria Marta Ferreyra

    (BM = WB - La Banque Mondiale = The World Bank - WBG = GBM - World Bank Group = Groupe Banque Mondiale)

  • Ana Gazmuri

    (TSE-R - Toulouse School of Economics - UT Capitole - Université Toulouse Capitole - Comue de Toulouse - Communauté d'universités et établissements de Toulouse - EHESS - École des hautes études en sciences sociales - CNRS - Centre National de la Recherche Scientifique - INRAE - Institut National de Recherche pour l’Agriculture, l’Alimentation et l’Environnement)

Abstract

We explore the dynamics of short-cycle higher education programs (SCPs) in Colombia and focus on the responsiveness of SCP supply to local economic activity and the presence of competitors. Using data from 2003 to 2019, we document a high turnover of SCPs compared to bachelor's programs. Institutions adjust their offerings by opening and closing programs; according to our estimates, SCP opening and closing in private institutions is more responsive to local economic activity than in public institutions. Institutions often open and close programs simultaneously, possibly due to capacity constraints, and seem to compete in segmented markets.

Suggested Citation

  • Juan Esteban Carranza & Maria Marta Ferreyra & Ana Gazmuri, 2026. "The Dynamic Market for Short-Cycle Higher Education Programs," Working Papers hal-05519063, HAL.
    • Handle: RePEc:hal:wpaper:hal-05519063
    Note: View the original document on HAL open archive server: https://hal.science/hal-05519063v1
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