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Economic and social convergence in Colombia

  • Vicente Royuela

    ()

    (Faculty of Economics, University of Barcelona)

  • Gustavo Adolfo García

    (Universtat Autónoma de Barcelona. Departament of Applied Economy)

GDP has usually been used as a proxy for human well-being. Nevertheless, other social aspects should also be considered, such as life expectancy, infant mortality, educational enrolment and crime issues. With this paper we investigate not only economic convergence but also social convergence between regions in a developing country, Colombia, in the period 1975-2005. We consider several techniques in our analysis: sigma convergence, stochastic kernel estimations, and also several empirical models to find out the beta convergence parameter (cross section and panel estimates, with and without spatial dependence). The main results confirm that we can talk about convergence in Colombia in key social variables, although not in the classic economic variable, GDP per capita. We have also found that spatial autocorrelation reinforces convergence processes through deepening market and social factors, while isolation condemns regions to nonconvergence.

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File URL: http://www.ub.edu/irea/working_papers/2010/201014.pdf
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Paper provided by University of Barcelona, Research Institute of Applied Economics in its series IREA Working Papers with number 201014.

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Length: 70 pages
Date of creation: Sep 2010
Date of revision: Sep 2010
Handle: RePEc:ira:wpaper:201014
Contact details of provider: Postal: Tinent Coronel Valenzuela, Num 1-11 08034 Barcelona
Web page: http://www.ub.edu/irea/

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  1. Bonet, Jaime & Meisel, Adolfo, 2009. "Regional economic disparities in Colombia," INVESTIGACIONES REGIONALES - Journal of REGIONAL RESEARCH, Asociación Española de Ciencia Regional, issue 14, pages 61-80.
  2. T. W. Swan, 1956. "ECONOMIC GROWTH and CAPITAL ACCUMULATION," The Economic Record, The Economic Society of Australia, vol. 32(2), pages 334-361, November.
  3. Andrew B. Bernard & Steven N. Durlauf, 1994. "Interpreting Tests of the Convergence Hypothesis," NBER Technical Working Papers 0159, National Bureau of Economic Research, Inc.
  4. Boris Branisa & Adriana Cardozo, 2009. "Revisiting the Regional Growth Convergence Debate in Colombia Using Income Indicators," Ibero America Institute for Econ. Research (IAI) Discussion Papers 194, Ibero-America Institute for Economic Research, revised 21 Aug 2009.
  5. Sergio J. Rey & Mark V. Janikas, 2005. "Regional convergence, inequality, and space," Journal of Economic Geography, Oxford University Press, vol. 5(2), pages 155-176, April.
  6. Giuseppe Arbia & Gianfranco Piras, 2005. "Convergence in per-capita GDP across European regions using panel data models extended to spatial autocorrelation effects," ISAE Working Papers 51, ISTAT - Italian National Institute of Statistics - (Rome, ITALY).
  7. Panagiotis Liargovas & Georgios Fotopoulos, 2008. "Socioeconomic indicators for analyzing Convergence: the case of Greece: 1960-2004," Working Papers 0014, University of Peloponnese, Department of Economics.
  8. Jaime Bonet & Adolfo Meisel Roca, 2006. "Polarización del ingreso per cápita departamental en Colombia, 1975 - 2000," DOCUMENTOS DE TRABAJO SOBRE ECONOMÍA REGIONAL 003331, BANCO DE LA REPÚBLICA - ECONOMÍA REGIONAL.
  9. Jaime Bonet Morón & Adolfo Meisel Roca, 1999. "La convergencia Regional en Colombia: una visión de largo plazo, 1926-1995," DOCUMENTOS DE TRABAJO SOBRE ECONOMÍA REGIONAL 002955, BANCO DE LA REPÚBLICA - ECONOMÍA REGIONAL.
  10. Andres Marchante & Bienvenido Ortega, 2006. "Quality of life and economic convergence across Spanish regions, 1980-2001," Regional Studies, Taylor & Francis Journals, vol. 40(5), pages 471-483.
  11. Adolfo Meisel Roca, 2008. "¿Por qué se necesita una política económica regional en Colombia?," DOCUMENTOS DE TRABAJO SOBRE ECONOMÍA REGIONAL 004396, BANCO DE LA REPÚBLICA - ECONOMÍA REGIONAL.
  12. Bernard Fingleton & Enrique López-Bazo, 2006. "Empirical growth models with spatial effects," Papers in Regional Science, Wiley Blackwell, vol. 85(2), pages 177-198, 06.
  13. Vicente Royuela & Manuel Artis, 2006. "Convergence analysis in terms of quality of life in the urban systems of the Barcelona province, 1991-2000," Regional Studies, Taylor & Francis Journals, vol. 40(5), pages 485-492.
  14. Gerald Carlino & Leonard Mills, 1994. "Convergence and the U.S states: a time series analysis," Working Papers 94-13, Federal Reserve Bank of Philadelphia.
  15. repec:dgr:rugsom:00c16 is not listed on IDEAS
  16. Giuseppe Arbia & Roberto Basile & Gianfranco Piras, 2005. "Using Spatial Panel Data in Modelling Regional Growth and Convergence," ISAE Working Papers 55, ISTAT - Italian National Institute of Statistics - (Rome, ITALY).
  17. Boris Branisa & Adriana Cardozo, 2009. "Regional Growth Convergence in Colombia Using Social Indicators," Ibero America Institute for Econ. Research (IAI) Discussion Papers 195, Ibero-America Institute for Economic Research.
  18. Birchenall Jiménez Javier Arturo, 1997. "Convergencia regional: una revisión del caso colombiano," REVISTA DESARROLLO Y SOCIEDAD, UNIVERSIDAD DE LOS ANDES-CEDE.
  19. Kenny, Charles, 2005. "Why Are We Worried About Income? Nearly Everything that Matters is Converging," World Development, Elsevier, vol. 33(1), pages 1-19, January.
  20. Patricio Aroca & Mariano Bosch, 2000. "Crecimiento, convergencia y espacio en las regiones chilenas: 1960 - 1998," Estudios de Economia, University of Chile, Department of Economics, vol. 27(2 Year 20), pages 199-224, December.
  21. Mark D. Partridge, 2005. "Does Income Distribution Affect U.S. State Economic Growth?," Journal of Regional Science, Wiley Blackwell, vol. 45(2), pages 363-394.
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