IDEAS home Printed from https://ideas.repec.org/h/elg/eechap/19879_16.html
   My bibliography  Save this book chapter

Efficiency and economic growth: A panel analysis of Colombian regions

In: Handbook on Public Sector Efficiency

Author

Listed:
  • Luis Alberto Gutiérrez-Arango
  • Victor Giménez
  • Daniel Osorio-Barreto
  • Diego Prior

Abstract

By defining a stochastic frontier model, the present work decomposes total factor productivity change between technical efficiency change and technological progress components. This helps to determine the drivers of output growth due to the change in technical efficiency, technological progress and change in the level of inputs consumption. The empirical application considers data from 23 Colombian departments from year 1996 to 2009. With regards existent applications, one important innovation is the consideration of public and private capital stocks as inputs, information that is not usually available. The findings indicate that the departments analyzed do not exhibit a convergence process in terms of economic growth. Another significant conclusion is that the gap separating efficient and inefficient departments is expanding what jeopardizes the political plans to reduce the existent inequity.

Suggested Citation

  • Luis Alberto Gutiérrez-Arango & Victor Giménez & Daniel Osorio-Barreto & Diego Prior, 2023. "Efficiency and economic growth: A panel analysis of Colombian regions," Chapters, in: António Afonso & João Tovar Jalles & Ana Venâncio (ed.), Handbook on Public Sector Efficiency, chapter 16, pages 356-372, Edward Elgar Publishing.
    • Handle: RePEc:elg:eechap:19879_16
    as

    Download full text from publisher

    File URL: https://www.elgaronline.com/view/edcoll/9781839109164/9781839109164.00025.xml
    Download Restriction: no
    ---><---

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:elg:eechap:19879_16. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Darrel McCalla (email available below). General contact details of provider: http://www.e-elgar.com .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.