Investment in Road Infrastructure and Its Impact on the Economic Development: An Analysis Approach to the Infrastructure Case in Colombia (1993-2014)

The objective of this article is to analyze the evolution and the relationship between investment and road infrastructure and the economic development of Colombia, making a comparison with some Latin American countries. Furthermore, the relationship through macroeconomic indicators and road infrastr...

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Autores:
Rojas López, Miguel David
Ramírez Muriel, Andrés Felipe
Tipo de recurso:
Article of journal
Fecha de publicación:
2018
Institución:
Universidad de Medellín
Repositorio:
Repositorio UDEM
Idioma:
spa
OAI Identifier:
oai:repository.udem.edu.co:11407/5506
Acceso en línea:
http://hdl.handle.net/11407/5506
https://doi.org/10.22395/rium.v17n32a6
Palabra clave:
Public and private association
Economic development
Road infrastructure
Associação público-privada
Crescimento econômico
Infraestrutura viária
Asociación público-privada
Crecimiento económico
Infraestructura vial
Rights
License
http://creativecommons.org/licenses/by-nc-sa/4.0/
Description
Summary:The objective of this article is to analyze the evolution and the relationship between investment and road infrastructure and the economic development of Colombia, making a comparison with some Latin American countries. Furthermore, the relationship through macroeconomic indicators and road infrastructure is established, including Colombia’s competitiveness compared to neighbor countries. In order to achieve this, the historical records are analyzed through different generations of concessions which have been created between 1993 and 2014; the article is further intended to review the bibliography associated to the international tendency to involve more participation of private sector in the development of road infrastructure projects through public and private associations as the specific involvement mechanisms.