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Ciclo político de los negocios y tamaño municipal: Colombia 1989-2008

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  • Néstor Rubiano Páez

Abstract

Este ensayo realiza una prueba empírica de la hipótesis del “ciclo político de los negocios” en 547 municipios colombianos en el período 1989-2008. El trabajo econométrico indica que en los municipios de categoría 6 (los más pequeños) y categoría 4, el gasto de inversión y el déficit fiscal exhiben tal ciclo: los gobernantes los amplían en época pre-electoral y luego los contraen. Los resultados se sitúan en el contexto social colombiano para entender por qué el ciclo se presenta en esos municipios y coincide con baja eficiencia del gasto público en la lucha contra la pobreza medida según NBI. Recomienda algunas acciones de política para atenuar los efectos adversos del ciclo político y mejorar tal eficiencia

Suggested Citation

  • Néstor Rubiano Páez, 2011. "Ciclo político de los negocios y tamaño municipal: Colombia 1989-2008," Revista de Economía Institucional, Universidad Externado de Colombia - Facultad de Economía, vol. 13(25), pages 105-136, July-Dece.
    • Handle: RePEc:rei:ecoins:v:13:y:2011:i:25:p:105-136
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    References listed on IDEAS

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    5. William D. Nordhaus, 1975. "The Political Business Cycle," The Review of Economic Studies, Review of Economic Studies Ltd, vol. 42(2), pages 169-190.
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    More about this item

    Keywords

    economía política; ciclos fiscales electorales; finanzas públicas municipales; Colombia;
    All these keywords.

    JEL classification:

    • H3 - Public Economics - - Fiscal Policies and Behavior of Economic Agents
    • H11 - Public Economics - - Structure and Scope of Government - - - Structure and Scope of Government
    • H30 - Public Economics - - Fiscal Policies and Behavior of Economic Agents - - - General
    • H72 - Public Economics - - State and Local Government; Intergovernmental Relations - - - State and Local Budget and Expenditures

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