IDEAS home Printed from https://ideas.repec.org/p/col/000122/010572.html
   My bibliography  Save this paper

Inestabilidad institucional, evidencia para Colombia: la violencia y el crecimiento económico en el periodo 1950-2010

Author

Listed:
  • Álvaro Hurtado Rendón
  • Luis Alfredo Molina

Abstract

La incertidumbre bajo periodos de inestabilidad institucional, traducida en violencia, puede destruir las dotaciones de capital físico y humano de la economía y, desestimular la inversión. En este trabajo se analiza el impacto de largo plazo de la violencia en el crecimiento económico de Colombia, en el período 1950-2010. La evidencia econométrica apoya la existencia de una relación negativa entre la violencia, medida por la tasa de homicidios, y el crecimiento económico. Los resultados sugieren que se debe realizar un esfuerzo institucional concertado para mejorar la inversión en educación y seguridad con el fin de acelerar el crecimiento.

Suggested Citation

  • Álvaro Hurtado Rendón & Luis Alfredo Molina, 2012. "Inestabilidad institucional, evidencia para Colombia: la violencia y el crecimiento económico en el periodo 1950-2010," Documentos de Trabajo de Valor Público 10572, Universidad EAFIT.
    • Handle: RePEc:col:000122:010572
    as

    Download full text from publisher

    File URL: http://repository.eafit.edu.co/bitstream/10784/540/1/2012-11%20Alvaro%20Hurtado.pdf
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Alexander Cotte Poveda, 2006. "Crecimiento económico y distribución del ingreso en Colombia: evidencia sobre el capital humano y el nivel de educación," Serie de Documentos en Economía y Violencia 2221, Centro de Investigaciones en Violencia, Instituciones y Desarrollo Económico (VIDE).
    2. Lorenzo Serrano Martínez, 1995. "Indicadores De Capital Humano Y Productividad," Working Papers. Serie EC 1995-16, Instituto Valenciano de Investigaciones Económicas, S.A. (Ivie).
    3. Breton, Theodore R., 2011. "The quality vs. the quantity of schooling: What drives economic growth?," Economics of Education Review, Elsevier, vol. 30(4), pages 765-773, August.
    4. Armando Montenegro & Carlos Esteban Posada, 1995. "Criminalidad en Colombia," Coyuntura Económica, Fedesarrollo, March.
    5. Thorvaldur Gylfason & Gylfi Zoega, 2003. "Education, Social Equality and Economic Growth: A View of the Landscape," CESifo Economic Studies, CESifo Group, vol. 49(4), pages 557-579.
    6. Borensztein, E. & De Gregorio, J. & Lee, J-W., 1998. "How does foreign direct investment affect economic growth?1," Journal of International Economics, Elsevier, vol. 45(1), pages 115-135, June.
    7. Joeé Emilio Boscá & Francisco Javier Escribá & María José Murgui, 2002. "The Effect of Public Infrastructure on the Private Productive Sector of Spanish Regions," Journal of Regional Science, Wiley Blackwell, vol. 42(2), pages 301-326, May.
    8. Hendry, David F & Doornik, Jurgen A, 1994. "Modelling Linear Dynamic Econometric Systems," Scottish Journal of Political Economy, Scottish Economic Society, vol. 41(1), pages 1-33, February.
    9. Jacob A. Mincer, 1974. "Schooling and Earnings," NBER Chapters, in: Schooling, Experience, and Earnings, pages 41-63, National Bureau of Economic Research, Inc.
    10. Jacob A. Mincer, 1974. "Schooling, Experience, and Earnings," NBER Books, National Bureau of Economic Research, Inc, number minc74-1.
    11. Gonzalo, Jesus, 1994. "Five alternative methods of estimating long-run equilibrium relationships," Journal of Econometrics, Elsevier, vol. 60(1-2), pages 203-233.
    12. Granger, C. W. J. & Newbold, P., 1974. "Spurious regressions in econometrics," Journal of Econometrics, Elsevier, vol. 2(2), pages 111-120, July.
    13. Johansen, Soren, 1988. "Statistical analysis of cointegration vectors," Journal of Economic Dynamics and Control, Elsevier, vol. 12(2-3), pages 231-254.
    14. Marcel Hofstetter, 1998. "La violencia en los modelos de crecimiento económico," Revista de Economía del Rosario, Universidad del Rosario, November.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Levent KORAP, 2008. "Exchange Rate Determination Of Tl/Us$:A Co-Integration Approach," Istanbul University Econometrics and Statistics e-Journal, Department of Econometrics, Faculty of Economics, Istanbul University, vol. 7(1), pages 24-50, May.
    2. David F. Hendry & Grayham E. Mizon, 2016. "Improving the teaching of econometrics," Cogent Economics & Finance, Taylor & Francis Journals, vol. 4(1), pages 1170096-117, December.
    3. Altinok, Nadir & Aydemir, Abdurrahman, 2017. "Does one size fit all? The impact of cognitive skills on economic growth," Journal of Macroeconomics, Elsevier, vol. 53(C), pages 176-190.
    4. Nyondo, Christone R.J & Davidova, Sophia M. & Bailey, Alastair, 2013. "On Market Liberalisation and Efficiency: A Structural VECM Analysis of Dry Beans Markets in Malawi," 87th Annual Conference, April 8-10, 2013, Warwick University, Coventry, UK 158696, Agricultural Economics Society.
    5. Onur Ozsoy, 2008. "Defence Spending And The Macroeconomy: The Case Of Turkey," Defence and Peace Economics, Taylor & Francis Journals, vol. 19(3), pages 195-208.
    6. Sawng, Yeong-wha & Kim, Pang-ryong & Park, JiYoung, 2021. "ICT investment and GDP growth: Causality analysis for the case of Korea," Telecommunications Policy, Elsevier, vol. 45(7).
    7. Badiane, Ousmane & Ulimwengu, John, 2009. "The growth-poverty convergence agenda: Optimizing social expenditures to maximize their impact on agricultural labor productivity, growth, and poverty reduction in Africa," IFPRI discussion papers 906, International Food Policy Research Institute (IFPRI).
    8. H. Levent Korap & Ozgur Aslan, 2010. "Re-examination of the long-run purchasing power parity: further evidence from Turkey," Applied Economics, Taylor & Francis Journals, vol. 42(27), pages 3559-3564.
    9. Abu-Qarn, Aamer & Abu-Bader, Suleiman, 2005. "A Versus K Revisited: Evidence from Selected MENA Countries," MPRA Paper 1114, University Library of Munich, Germany.
    10. Theodore R. Breton & Andrew S. Breton, 2021. "Growth in a macro‐Mincer model: Good results with schooling and experience interactions," Review of Development Economics, Wiley Blackwell, vol. 25(2), pages 563-581, May.
    11. John D. Levendis, 2018. "Time Series Econometrics," Springer Texts in Business and Economics, Springer, number 978-3-319-98282-3, April.
    12. Özgür Aslan & Levent Korap, 2007. "Testing Quantity Theory of Money for the Turkish Economy," Journal of BRSA Banking and Financial Markets, Banking Regulation and Supervision Agency, vol. 1(2), pages 93-109.
    13. Zeren, Fatma & Korap, Levent, 2010. "A cost-based empirical model of the aggregate price determination for the Turkish economy: a multivariate cointegration approach," MPRA Paper 23655, University Library of Munich, Germany.
    14. Tsangyao Chang & Wenshwo Fang & Li-Fang Wen, 2001. "Energy consumption, employment, output, and temporal causality: evidence from Taiwan based on cointegration and error-correction modelling techniques," Applied Economics, Taylor & Francis Journals, vol. 33(8), pages 1045-1056.
    15. Wong, Sara & Argüello, Ricardo, 2010. "Fiscal policies and increased trade openness: poverty impacts in Ecuador," Libros de la CEPAL, Naciones Unidas Comisión Económica para América Latina y el Caribe (CEPAL), number 2585, May.
    16. Bevilacqua, Franco, 2006. "Random walks and cointegration relationships in international parity conditions between Germany and USA for the post Bretton-Woods period," MERIT Working Papers 2006-012, United Nations University - Maastricht Economic and Social Research Institute on Innovation and Technology (MERIT).
    17. Charles S. Wassell, Jr., 2018. "Social Security and saving: A time-series econometrics pedagogical example (with code)," The Journal of Economic Education, Taylor & Francis Journals, vol. 49(1), pages 103-114, January.
    18. Chien-Chung Nieh & Jeng-Bau Lin & Yu-shan Wang, 2008. "Exchange rate uncertainty and corporate values: evidence from Taiwan," Applied Financial Economics, Taylor & Francis Journals, vol. 18(14), pages 1181-1192.
    19. Levent, Korap, 2009. "The search for co-integration between money, prices and income: low frequency evidence from the Turkish economy," MPRA Paper 19557, University Library of Munich, Germany.
    20. Michael D. Bordo & Lars Jonung & Pierre Siklos, 1993. "The Common Development of Institutional Change as Measured by Income Velocity: A Century of Evidence from Industrialized Countries," NBER Working Papers 4379, National Bureau of Economic Research, Inc.

    More about this item

    Keywords

    Cointegración; Violencia; Capital Humano; Crecimiento Económico;
    All these keywords.

    JEL classification:

    • C51 - Mathematical and Quantitative Methods - - Econometric Modeling - - - Model Construction and Estimation
    • H56 - Public Economics - - National Government Expenditures and Related Policies - - - National Security and War
    • J24 - Labor and Demographic Economics - - Demand and Supply of Labor - - - Human Capital; Skills; Occupational Choice; Labor Productivity
    • O47 - Economic Development, Innovation, Technological Change, and Growth - - Economic Growth and Aggregate Productivity - - - Empirical Studies of Economic Growth; Aggregate Productivity; Cross-Country Output Convergence

    Statistics

    Access and download statistics

    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:col:000122:010572. 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.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with 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: Valor Público EAFIT - Centro de estudios e incidencia (email available below). General contact details of provider: https://edirc.repec.org/data/cieafco.html .

    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.