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The evolution of Colombian industry in the context of the energy-mining boom: Symptoms of the dutch disease?

Author

Listed:
  • Mauricio López González
  • Edwin Esteban Torres Gómez
  • Sebastián Giraldo González

Abstract

This paper seeks to evaluate and demonstrate the hypothesis of deindustrialization and Dutch Disease (DD) for the case of the Colombian economy by using a Beta regression model. The results of the research indicate that it is not possible to reject the suggestion that the mining and energy boom have potential adverse effects on the manufacturing sector. ***** Este artículo busca evaluar y demostrar la hipótesis de la desindustrialización y la enfermedad holandesa (EH) para el caso de la economía colombiana a través de un modelo de regresión beta. Los resultados de la investigación indican que no es posible rechazar la hipótesis de que los auges mineros y energéticos tienen potenciales efectos adversos en el sector manufacturero.

Suggested Citation

  • Mauricio López González & Edwin Esteban Torres Gómez & Sebastián Giraldo González, 2016. "The evolution of Colombian industry in the context of the energy-mining boom: Symptoms of the dutch disease?," Revista Cuadernos de Economia, Universidad Nacional de Colombia, FCE, CID, vol. 35(68), pages 475-490, January.
    • Handle: RePEc:col:000093:014175
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    References listed on IDEAS

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    5. Ocampo, Jose Antonio & Ros, Jaime (ed.), 2011. "The Oxford Handbook of Latin American Economics," OUP Catalogue, Oxford University Press, number 9780199571048.
    6. Hamilton, James D, 1983. "Oil and the Macroeconomy since World War II," Journal of Political Economy, University of Chicago Press, vol. 91(2), pages 228-248, April.
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    9. Jean-Philippe Stijns, 2003. "An Empirical Test of the Dutch Disease Hypothesis using a Gravity Model of Trade," International Trade 0305001, University Library of Munich, Germany.
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    Full references (including those not matched with items on IDEAS)

    Citations

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    Cited by:

    1. Edouard Mien & Michaël Goujon, 2022. "40 Years of Dutch Disease Literature: Lessons for Developing Countries," Comparative Economic Studies, Palgrave Macmillan;Association for Comparative Economic Studies, vol. 64(3), pages 351-383, September.
    2. Doussoulin, Jean Pierre & Mougenot, Benoit, 2022. "Mapping mining and ecological distribution conflicts in Latin America, a bibliometric analysis," Resources Policy, Elsevier, vol. 77(C).
    3. Murhula K., Pacifique & Achiza N., Alain, 2021. "Mining Boom, Economic Growth and Sustainable Development in Democratic Republic of the Congo," MPRA Paper 113330, University Library of Munich, Germany, revised 11 Jun 2022.

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    More about this item

    Keywords

    Dutch disease; deindustrialization; energy-mining boom;
    All these keywords.

    JEL classification:

    • O13 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Agriculture; Natural Resources; Environment; Other Primary Products
    • Q33 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Nonrenewable Resources and Conservation - - - Resource Booms (Dutch Disease)
    • Q34 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Nonrenewable Resources and Conservation - - - Natural Resources and Domestic and International Conflicts

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