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La economía petrolera en Colombia

In: Flujos de capitales, choques externos y respuestas de política en países emergentes

Author

Listed:
  • López, Enrique
  • Montes, Enrique
  • Garavito-Acosta, Aarón Levi
  • Collazos-Gaitán, María Mercedes

Abstract

Analiza la evolución del marco legal y contractual de la economía petrolera en Colombia desde los inicios y los principales efectos sobre el régimen fiscal, entendido como la apropiación por parte del Estado colombiano de los recursos provenientes de esta actividad, y estimado a partir de las medidas disponibles de government-takeystate-take. También, se describen las principales características de la cadena productiva del petróleo (exploración, explotación, producción y reservas), así como los aspectos más relevantes de la regulación aplicable a la inversión extranjera directa y a las operaciones cambiarias efectuadas por la industria petrolera en Colombia.

Suggested Citation

  • López, Enrique & Montes, Enrique & Garavito-Acosta, Aarón Levi & Collazos-Gaitán, María Mercedes, 2013. "La economía petrolera en Colombia," Chapters, in: Rincón-Castro, Hernán & Velasco, Andrés M. (ed.), Flujos de capitales, choques externos y respuestas de política en países emergentes, chapter 9, pages 337-406, Banco de la Republica de Colombia.
  • Handle: RePEc:bdr:bdrcap:2013-09-337-406
    DOI: 10.32468/Ebook.664-270-5
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    References listed on IDEAS

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    1. Halvor Mehlum & Karl Moene & Ragnar Torvik, 2006. "Institutions and the Resource Curse," Economic Journal, Royal Economic Society, vol. 116(508), pages 1-20, January.
    2. Sachs, J-D & Warner, A-M, 1995. "Natural Resource Abundance and Economic Growth," Papers 517a, Harvard - Institute for International Development.
    3. Juan Carlos Parra Alvarez, 2008. "Hechos Estilizados de la Economía Colombiana:Fundamentos Empíricos para la Construcción y Evaluación de un Modelo DSGE," Borradores de Economia 4602, Banco de la Republica.
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    5. Lavan Mahadeva & Javier Gómez Pineda, 2009. "The international cycle and Colombian monetary policy," Borradores de Economia 557, Banco de la Republica de Colombia.
    6. José Fernando Isaza, 1982. "Consideraciones sobre el contrato de asociación petrolera en Colombia," Coyuntura Económica, Fedesarrollo, vol. 12(1), pages 117-140, May.
    7. Mr. Thomas Baunsgaard, 2001. "A Primeron Mineral Taxation," IMF Working Papers 2001/139, International Monetary Fund.
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    9. Aguirre Paulo Cesar, 2003. "Exploración de petróleo en Colombia: una aproximación empírica," Revista Desarrollo y Sociedad, Universidad de los Andes,Facultad de Economía, CEDE, March.
    10. Sachs, Jeffrey D. & Warner, Andrew M., 2001. "The curse of natural resources," European Economic Review, Elsevier, vol. 45(4-6), pages 827-838, May.
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    Citations

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    Cited by:

    1. Garavito-Acosta, Aarón Levi & Iregui-Bohórquez, Ana María & Ramírez-Giraldo, María Teresa, 2013. "Inversión extranjera directa en Colombia : evolución, indicadores y determinantes por firma," Chapters, in: Rincón-Castro, Hernán & Velasco, Andrés M. (ed.), Flujos de capitales, choques externos y respuestas de política en países emergentes, chapter 3, pages 83-136, Banco de la Republica de Colombia.
    2. Camilo Alberto Cárdenas-Hurtado & Aaron Levi Garavito-Acosta & Jorge Hernán Toro-Córdoba, 2018. "Asymmetric Effects of Terms of Trade Shocks on Tradable and Non-tradable Investment Rates: The Colombian Case," Borradores de Economia 1043, Banco de la Republica de Colombia.
    3. Thomas Goda & Alejandro Torres García, 2015. "Flujos de capital, recursos naturales y enfermedad holandesa: el caso colombiano," Revista ESPE - Ensayos sobre Política Económica, Banco de la Republica de Colombia, vol. 33(78), pages 197-206, December.
    4. Pedro Hugo Clavijo Cortes, 2017. "Balance comercial y volatilidad del tipo de cambio nominal: Un estudio de series de tiempo para Colombia," Revista Economía y Región, Universidad Tecnológica de Bolívar, vol. 11(1), pages 37-58, June.
    5. Jorge García-García & Enrique Montes-Uribe & Iader Giraldo-Salazar (ed.), 2019. "Comercio exterior en Colombia: política, instituciones, costos y resultados," Books, Banco de la Republica de Colombia, number 2019-isbn:9789586644068, July.
    6. Carlos Ballesteros, 2016. "Mining and Energy Boom, Dutch Disease and Informality in Colombia: a DSGE Approach," Documentos de Trabajo de Valor Público 15011, Universidad EAFIT.
    7. Paula Andrea Beltrán-Saavedra, 2015. "Precio del petróleo y el ajuste de las tasas de interés en las economías emergentes," Borradores de Economia 13619, Banco de la Republica.
    8. Julio-Román, Juan Manuel & Gamboa-Estrada, Fredy Alejandro, 2019. "The Exchange Rate and Oil Prices in Colombia: A High Frequency Analysis," Working papers 22, Red Investigadores de Economía.
    9. Leonardo Villar & Felipe Castro & David Forero & Juan Mauricio Ramírez, 2014. "Evaluación de la contribución económica del sector de hidrocarburos colombiano frente a diversos escenarios de producción," Informes de Investigación 12501, Fedesarrollo.
    10. Juan Camilo Galvis Ciro & Helder Ferreira de Mendonça, 2017. "Effect of credibility and reputation on discretionary fiscal policy: empirical evidence from Colombia," Empirical Economics, Springer, vol. 53(4), pages 1529-1552, December.
    11. Jonathan Cortázar Camelo, Elkin Linares, 2015. "Incidencia de los precios del petróleo en el crecimiento económico y la inversión extranjera directa en Colombia durante el periodo 1990-2010," Revista CIFE, Universidad Santo Tomás, August.
    12. Sergio González & Edwin Hernández, 2016. "Indirect impacts of oil prices on economic growth in Colombia," Lecturas de Economía, Universidad de Antioquia, Departamento de Economía, issue 84, pages 103-141, Enero - J.
    13. Jorge Toro & Aarón Garavito & David Camilo López & Enrique Montes, 2015. "El choque petrolero y sus implicaciones en la economía colombiana," Borradores de Economia 13829, Banco de la Republica.
    14. Diego Alejandro Martínez Cruz & José Fernando Moreno Gutiérrez & Juan Sebastián Rojas Moreno, 2015. "Evolución de la relación entre bonos locales y externos del gobierno colombiano frente a choques de riesgo," Borradores de Economia 14112, Banco de la Republica.
    15. Lanari, María Estela, 2015. "Argentina: las implicaciones de las políticas públicas y la regulación laboral sobre el trabajo 2008-2013," Nülan. Deposited Documents 2460, Universidad Nacional de Mar del Plata, Facultad de Ciencias Económicas y Sociales, Centro de Documentación.
    16. Diana Patricia Niño Muñoz, 2015. "Calidad de vida y el desarrollo institucional de los municipios petroleros de Colombia (2000-2010)," Revista de Economía Institucional, Universidad Externado de Colombia - Facultad de Economía, vol. 17(33), pages 203-230, July-Dece.
    17. Jorge García-García & David C. López-Valenzuela & Enrique Montes-Uribe, 2020. "Porqué Colombia no exporta más," Borradores de Economia 1139, Banco de la Republica de Colombia.
    18. Raúl Andrés Ávila Forero, 2016. "Resena: Puyana, (2015):La economía petrolera en un mercado politizado y global. México y Colombia," Revista Cuadernos de Economia, Universidad Nacional de Colombia, FCE, CID, vol. 35(69), pages 791-798, April.
    19. Galvis Ciro, Juan Camilo & Ferreira de Mendonça, Helder, 2016. "Inflation targeting and tax effort: Evidence from Colombia," MPRA Paper 90544, University Library of Munich, Germany, revised 14 Dec 2018.
    20. Enrique A. López-Enciso & Hernando Vargas-Herrera & Norberto Rodríguez-Niño, 2016. "La estrategia de inflación objetivo en Colombia. Una visión histórica," Borradores de Economia 952, Banco de la Republica de Colombia.
    21. Paulina Kupisz, 2016. "The costs of resource-led development. An analysis of the economic impact of the oil extraction boom in Colombia," International Economics, University of Lodz, Faculty of Economics and Sociology, issue 13, pages 79-94, March.

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    More about this item

    Keywords

    Desarrollo económico; Recursos naturales no renovables; Regalías; Hidrocarburos; Colombia; Economic development; Non renewable natural resources; Royalties; Hydrocarbons; Colombia;
    All these keywords.

    JEL classification:

    • N50 - Economic History - - Agriculture, Natural Resources, Environment and Extractive Industries - - - General, International, or Comparative
    • Q32 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Nonrenewable Resources and Conservation - - - Exhaustible Resources and Economic Development
    • P44 - Political Economy and Comparative Economic Systems - - Other Economic Systems - - - National Income, Product, and Expenditure; Money; Inflation

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