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Impacto del gasto público en la dinámica económica regional

Author

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  • Henry Antonio Mendoza Tolosa
  • Carlos Andrés Yanes Guerra

Abstract

Se estudia el impacto que tiene el gasto y la inversión pública en el crecimiento económico de los departamentos en Colombia, utilizando los resultados de las Cuentas Nacionales para el periodo 2000-2011, estimando la cuenta de producción departamental por rama de actividad con el fin de identificar la estructura productiva de dichas regiones, así como sus cambios a lo largo del tiempo y se consolida información de la formación bruta de capital fijo pública, datos con los cuales se especifica un modelo estadístico que estime dichos efectos. Entre las diferentes alternativas instrumentales es disenado un modelo de panel de datos de efectos fijos que refleja de manera adecuada las diferencias existentes entre los departamentos y captura mejor el impacto del gasto y la inversión con la temporalidad e información disponible. Los resultados indican que el gasto y la inversión públicos inciden directamente en la dinámica económica departamental y se evidencia que su efecto tiende a ser mejor aprovechado por las economías grandes más ricas en mayor medida que por las economías departamentales pequenas y pobres.******The impact that public spending and investment have upon economic growth in the departments of Colombia is examined using the results of national accounts for the years 2000-2011. Figures for departmental production by activity, along with change over the period and information for the gross public capital are brought together to create a statistical model to assess effects. A data panel model is chosen to relate the existing differences between departments and compare the impact of spending and investment between departments using the available information. Results indicate that public spending and investment play an important role in departmental economic dynamic and that its effect is greater in larger and wealthier departments.

Suggested Citation

  • Henry Antonio Mendoza Tolosa & Carlos Andrés Yanes Guerra, 2014. "Impacto del gasto público en la dinámica económica regional," Revista Finanzas y Politica Economica, Universidad Católica de Colombia, vol. 6(1), pages 23-41, April.
    • Handle: RePEc:col:000443:012131
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    References listed on IDEAS

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    More about this item

    Keywords

    dinámica económica regional; gasto público; PIB departamental.********Keywords: Regional economic dynamic; public spending; departmental GDP.;
    All these keywords.

    JEL classification:

    • H72 - Public Economics - - State and Local Government; Intergovernmental Relations - - - State and Local Budget and Expenditures
    • R10 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - General Regional Economics - - - General
    • R50 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - Regional Government Analysis - - - General

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