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Economic and Social Convergence in Colombia

Authors: Royuela Mora, Vicente; García Cruz, Gustavo Adolfo;

Economic and Social Convergence in Colombia

Abstract

El PIB se usa habitualmente como aproximación al bienestar de las personas. Sin embargo otros aspectos sociales deben ser a su vez considerados, como la esperanza de vida, la mortalidad infantil, la educación y la criminalidad. Este trabajo investiga ña convergencia económica y social en regiones de Colombia en el período 1975-2005. Los principales resultados confirman que existe convergencia en Colombia en variables sociales clave, aunque no en la clásica variable económica, el PIB per capita. También se encuentra que la autocorrelación espacial refuerza los procesos de convergencia a través de la profundización de los factores sociales y de mercado, mientras que el aislamiento condena a las regiones a la no convergencia.

GDP has usually been used as a proxy for human well-being. Nevertheless, other social aspects should also be considered, such as life expectancy, infant mortality, educational enrolment and crime issues. This paper investigates economic and social convergence between regions in Colombia, in the period 1975-2005. The main results confirm that there is convergence in Colombia in key social variables, although not in the classic economic variable, GDP per capita. It is also found that spatial autocorrelation reinforces convergence processes through deepening market and social factors, while isolation condemns regions to non-convergence.

Keywords

Economic and social variables, Convergence (Economics), Beta and sigma convergence, L11, Q4, C25. [Price asymmetry, meta-regression analysis, gasoline prices. JEL classification], Colombia, Colòmbia, Empirisme, Estimació d'un paràmetre, Latin America, Anàlisi de regressió, Parameter estimation, Convergència (Economia), Empiricism, Spatial econometrics, Regression analysis

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selected citations
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This is an alternative to the "Influence" indicator, which also reflects the overall/total impact of an article in the research community at large, based on the underlying citation network (diachronically).
BIP!Citations provided by BIP!
popularity
This indicator reflects the "current" impact/attention (the "hype") of an article in the research community at large, based on the underlying citation network.
BIP!Popularity provided by BIP!
influence
This indicator reflects the overall/total impact of an article in the research community at large, based on the underlying citation network (diachronically).
BIP!Influence provided by BIP!
impulse
This indicator reflects the initial momentum of an article directly after its publication, based on the underlying citation network.
BIP!Impulse provided by BIP!
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