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Análisis de la ejecución presupuestal en colombia durante el periodo 1954 – 2013

Author

Listed:
  • Diego Lemus
  • Alexandra Torres
  • Sebastián Cubillos
  • Fabián Camelo

Abstract

El presente documento se constituye en un ejercicio de investigación cuyo objetivo es reconocer el comportamiento de la inversión pública en Colombia entre 1954 y 2013, así como su relación con los lineamientos de política económica contenidos en los planes de desarrollo suscritos por los diferentes gobiernos. Para tal fin, se recurrió a la utilización de un método cuantitativo en particular: la metodología de identificación de modelos para series temporales de Box-Jenkins, la cual permite identificar los cambios suscitados en los gastos de inversión en los últimos 50 anos y posibilita además un pronóstico para el cuatrienio siguiente. Finalmente, se concluye que la inversión pública se encuentra altamente influenciada por los planes de desarrollo de cada gobierno. También se identifica una tendencia creciente con periodos de estancamiento o decrecimiento debido a coyunturas económicas.******This document is a research exercise whose objective is to recognize the behavior of public investment in Colombia between 1954 and 2013, as well as its relationship with the economic policy guidelines included in the development plans endorsed by the different governments. For this purpose, a quantitative method in particular was used: the Box-Jenkins identification methodology for time-series model, which allows to identify the changes in investment expenses in the last 50 years and also makes possible a forecast for the next four years. Finally, it is concluded that public investment is highly influenced by the development plans of each government. An increasing trend with periods of stagnation or decrease due to economic conjunctures is also identified.

Suggested Citation

  • Diego Lemus & Alexandra Torres & Sebastián Cubillos & Fabián Camelo, 2017. "Análisis de la ejecución presupuestal en colombia durante el periodo 1954 – 2013," Revista CIFE, Universidad Santo Tomás, vol. 19(30), pages 23-45, July.
  • Handle: RePEc:col:000195:017026
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    File URL: http://revistas.usta.edu.co/index.php/cife/article/view/3888/4084
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    References listed on IDEAS

    as
    1. Ana Maria Iregui B & LIGIA MELO B & JORGE RAMOS F, 2006. "¿Hacia dónde se dirigen los recursos de Inverersión del Presupuesto General de la Nación?," Apuntes del Cenes, Universidad Pedagógica y Tecnológica de Colombia, December.
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    More about this item

    Keywords

    Inversión pública; series de tiempo; Gobierno central; política pública; Plan Nacional de Desarrollo.;
    All these keywords.

    JEL classification:

    • E62 - Macroeconomics and Monetary Economics - - Macroeconomic Policy, Macroeconomic Aspects of Public Finance, and General Outlook - - - Fiscal Policy; Modern Monetary Theory
    • C22 - Mathematical and Quantitative Methods - - Single Equation Models; Single Variables - - - Time-Series Models; Dynamic Quantile Regressions; Dynamic Treatment Effect Models; Diffusion Processes
    • C51 - Mathematical and Quantitative Methods - - Econometric Modeling - - - Model Construction and Estimation

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