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Monitoring Public Investment: The Impact of MapaRegalías in Colombia

Author

Listed:
  • Lauletta, Maximiliano
  • Rossi, Martín
  • Vieyra, Juan Cruz
  • Arisi, Diego

Abstract

This paper analyzes the impact of MapaRegalías on efficiency in the execution of public investment projects in Colombia. MapaRegalías is an online platform that displays geo-referenced information and data on royalties coming from the extractives sector. The purpose of the platform is to reduce the cost incurred by public officials and citizens when monitoring the use of royalties. The main finding is that after the release of MapaRegalías, public investment projects financed with royalties showed an average increase in efficiency of execution of 7.996 percentage points.

Suggested Citation

  • Lauletta, Maximiliano & Rossi, Martín & Vieyra, Juan Cruz & Arisi, Diego, 2019. "Monitoring Public Investment: The Impact of MapaRegalías in Colombia," IDB Publications (Working Papers) 9967, Inter-American Development Bank.
    • Handle: RePEc:idb:brikps:9967
    DOI: http://dx.doi.org/10.18235/0002014
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    Cited by:

    1. Martín A. Rossi & Antonia Vazquez & Juan Cruz Vieyra, 2020. "Information Disclosure and the Performance of Public Investment. The Case of Costa Rica," Asociación Argentina de Economía Política: Working Papers 4424, Asociación Argentina de Economía Política.

    More about this item

    JEL classification:

    • O31 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Innovation and Invention: Processes and Incentives
    • O54 - Economic Development, Innovation, Technological Change, and Growth - - Economywide Country Studies - - - Latin America; Caribbean
    • D73 - Microeconomics - - Analysis of Collective Decision-Making - - - Bureaucracy; Administrative Processes in Public Organizations; Corruption
    • H83 - Public Economics - - Miscellaneous Issues - - - Public Administration
    • H50 - Public Economics - - National Government Expenditures and Related Policies - - - General
    • L78 - Industrial Organization - - Industry Studies: Primary Products and Construction - - - Government Policy

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