Convergence in Colombia 1990-2015 : War and Clubs

This document tests whether there has been convergence in the percapita income across regions in Colombia between 1990 and 2015. It also discusses the role of war in that context and tests for the existence of convergence clubs. The results display that Colombia has been a successful case of both co...

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Autores:
Tipo de recurso:
Fecha de publicación:
2017
Institución:
Universidad del Rosario
Repositorio:
Repositorio EdocUR - U. Rosario
Idioma:
eng
OAI Identifier:
oai:repository.urosario.edu.co:10336/18200
Acceso en línea:
https://doi.org/10.48713/10336_18200
http://repository.urosario.edu.co/handle/10336/18200
Palabra clave:
Absolute convergence
Conditional convergence
War
Convergence clubs
Macroeconomía & temas relacionados
Macroeconomia
Ingreso per cápita
Distribución del ingreso
Modelos econométricos
Rights
License
Abierto (Texto completo)
Description
Summary:This document tests whether there has been convergence in the percapita income across regions in Colombia between 1990 and 2015. It also discusses the role of war in that context and tests for the existence of convergence clubs. The results display that Colombia has been a successful case of both conditional and unconditional convergence, closing the gap between poor and rich departments in approximately 1.6% per year. Furthermore, no significant impact of war over convergence was found. Lastly, evidence suggests that several groups of Colombian departments have created convergence clubs, in which the speed of convergence is 6.8% per year.