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The Competitiveness of Colombian Departments: An Analysis from the Economic Geography Perspective

Author

Listed:
  • Jorge Lotero Contreras
  • Héctor Mauricio Posada Duque
  • Daniel Valderrama

Abstract

This article examines regional competitiveness from a geographical perspective, and constructs a competitiveness ranking for Colombian departments using principal components and hierarchical cluster techniques. The analysis shows that competitiveness becomes meaningless when it is applied to the goods market, but is meaningful when one considers the market and the mobility of production factors. The analysis also shows, unlike most approaches and measures of competitiveness for Colombian departments, that it is possible to obtain simple measures, which in addition to being consistent with the conceptual framework of economic geography, is the product of the combination of a small number of variables.

Suggested Citation

  • Jorge Lotero Contreras & Héctor Mauricio Posada Duque & Daniel Valderrama, 2009. "The Competitiveness of Colombian Departments: An Analysis from the Economic Geography Perspective," Lecturas de Economía, Universidad de Antioquia, Departamento de Economía, issue 71, pages 107-140.
  • Handle: RePEc:lde:journl:y:2009:i:71:p:107-140
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    File URL: https://revistas.udea.edu.co/index.php/lecturasdeeconomia/issue/view/508
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    Cited by:

    1. Mejía Cubillos, Javier, 2013. "Perfil económico del Eje Cafetero. Un análisis con miras a la competitividad territorial [Economic profile of Eje Cafetero. An analysis towards territorial competitiveness]," MPRA Paper 43873, University Library of Munich, Germany.
    2. Daniel Hernán Santiago Romero & Iván Montoya Restrepo, 2011. "El perfil competitivo local como factor determinante para el desarrollo de la floricultura en Madrid (Cundinamarca)," Revista Facultad de Ciencias Económicas, Universidad Militar Nueva Granada, December.
    3. Alderete, María Verónica & Bacic, Miguel Juan, 2012. "The impact of inter-firm networks on regional development: the case of Mendoza´s wine cluster," Revista Lecturas de Economía, Universidad de Antioquia, CIE, June.
    4. Mónica Eliana FLÓREZ BUSTAMANTE, 2016. "Índices de Competitividad para las Principales Ciudades en Colombia," Archivos de Economía 15058, Departamento Nacional de Planeación.

    More about this item

    Keywords

    Regional Competitiveness; Economic Geography; Colombian Departments; Competitiveness Ranking;
    All these keywords.

    JEL classification:

    • R10 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - General Regional Economics - - - General
    • R12 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - General Regional Economics - - - Size and Spatial Distributions of Regional Economic Activity; Interregional Trade (economic geography)
    • R19 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - General Regional Economics - - - Other

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