The Relative Efficiency of the Real Sector versus the Financial Sector of the Colombian Economy

The objective of this research is to compare the companies of the real sector of the economy and the entities of the Colombian financial sector for the year 2014, in terms of relative efficiency, through the application of the Data Envelopment Analysis (DEA) methodology. For a country like Colombia,...

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Tipo de recurso:
http://purl.org/coar/resource_type/c_6526
Fecha de publicación:
2017
Institución:
Universidad Pedagógica y Tecnológica de Colombia
Repositorio:
RiUPTC: Repositorio Institucional UPTC
Idioma:
spa
OAI Identifier:
oai:repositorio.uptc.edu.co:001/11955
Acceso en línea:
https://revistas.uptc.edu.co/index.php/cenes/article/view/5258
https://repositorio.uptc.edu.co/handle/001/11955
Palabra clave:
Data Envelopment Analysis (DEA)
finance and trade
financial institutions
non-financial institutions
total factor productivity.
análisis envolvente de datos
finanzas y comercio
instituciones financieras
instituciones no financieras
productividad total de los factores
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Copyright (c) 2017 Gloria Isabel Rodriguez Lozano, Michael Hernando Sarmiento Muñoz
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spelling 2017-06-202024-07-05T18:44:37Z2024-07-05T18:44:37Zhttps://revistas.uptc.edu.co/index.php/cenes/article/view/525810.19053/01203053.v36.n64.2017.5258https://repositorio.uptc.edu.co/handle/001/11955The objective of this research is to compare the companies of the real sector of the economy and the entities of the Colombian financial sector for the year 2014, in terms of relative efficiency, through the application of the Data Envelopment Analysis (DEA) methodology. For a country like Colombia, belonging to the emerging economies, it is important to conduct this study to determine how far these two sectors are efficient or inefficient, given the importance they have in generating development and reducing social inequalities. We take as source of information the Superintendencia de Sociedades and the Superintendencia Financiera. 26,799 companies in the real sector and financial sector entities 254 were analyzed resulting in better indicators for the financial sector and within this, the insurance industry stands. However it is necessary that these two sectors improve their performance to the extent that only 2.6% of studied companies and entities are efficient.El objetivo de esta investigación es comparar las empresas del sector real de la economía y las entidades del sector financiero colombiano para el año 2014, en términos de eficiencia relativa, mediante la aplicación de la metodología Data Envelopment Analysis (DEA). Para un país como Colombia, perteneciente a las economías emergentes, es importante la realización de este estudio para determinar hasta dónde estos dos sectores son eficientes o ineficientes, dada la importancia que tienen en la generación de desarrollo y en la disminución de las desigualdades sociales. Se toman como fuente de información la Superintendencia de Sociedades y la Superintendencia Financiera. Se analizaron 26.799 empresas del sector real y 254 entidades del sector financiero, lo que dio como resultado mejores indicadores para el sector financiero y, dentro de este, se destacó la industria aseguradora. Sin embargo, es necesario que estos dos sectores mejoren su desempeño, ya que solo el 2,6 % de las empresas y entidades estudiadas es eficiente.text/htmlapplication/pdfspaspaUniversidad Pedagógica y Tecnológica de Colombiahttps://revistas.uptc.edu.co/index.php/cenes/article/view/5258/5474https://revistas.uptc.edu.co/index.php/cenes/article/view/5258/5666Copyright (c) 2017 Gloria Isabel Rodriguez Lozano, Michael Hernando Sarmiento Muñozhttp://creativecommons.org/licenses/by-nc-sa/4.0http://purl.org/coar/access_right/c_abf27http://purl.org/coar/access_right/c_abf2Apuntes del Cenes; Vol. 36 No. 64 (2017); 111-138Apuntes del Cenes; Vol. 36 Núm. 64 (2017); 111-1382256-57790120-3053Data Envelopment Analysis (DEA)finance and tradefinancial institutionsnon-financial institutionstotal factor productivity.análisis envolvente de datosfinanzas y comercioinstituciones financierasinstituciones no financierasproductividad total de los factoresThe Relative Efficiency of the Real Sector versus the Financial Sector of the Colombian EconomyLa eficiencia relativa del sector real vs. la del sector financiero de la economía colombianainfo:eu-repo/semantics/articlePeer reviewed Articlehttp://purl.org/coar/resource_type/c_6526http://purl.org/coar/resource_type/c_2df8fbb1info:eu-repo/semantics/publishedVersionhttp://purl.org/coar/version/c_970fb48d4fbd8a110http://purl.org/coar/version/c_970fb48d4fbd8a85Rodriguez Lozano, Gloria IsabelSarmiento Muñoz, Michael Hernando001/11955oai:repositorio.uptc.edu.co:001/119552025-07-18 12:12:58.638metadata.onlyhttps://repositorio.uptc.edu.coRepositorio Institucional UPTCrepositorio.uptc@uptc.edu.co
dc.title.en-US.fl_str_mv The Relative Efficiency of the Real Sector versus the Financial Sector of the Colombian Economy
dc.title.es-ES.fl_str_mv La eficiencia relativa del sector real vs. la del sector financiero de la economía colombiana
title The Relative Efficiency of the Real Sector versus the Financial Sector of the Colombian Economy
spellingShingle The Relative Efficiency of the Real Sector versus the Financial Sector of the Colombian Economy
Data Envelopment Analysis (DEA)
finance and trade
financial institutions
non-financial institutions
total factor productivity.
análisis envolvente de datos
finanzas y comercio
instituciones financieras
instituciones no financieras
productividad total de los factores
title_short The Relative Efficiency of the Real Sector versus the Financial Sector of the Colombian Economy
title_full The Relative Efficiency of the Real Sector versus the Financial Sector of the Colombian Economy
title_fullStr The Relative Efficiency of the Real Sector versus the Financial Sector of the Colombian Economy
title_full_unstemmed The Relative Efficiency of the Real Sector versus the Financial Sector of the Colombian Economy
title_sort The Relative Efficiency of the Real Sector versus the Financial Sector of the Colombian Economy
dc.subject.en-US.fl_str_mv Data Envelopment Analysis (DEA)
finance and trade
financial institutions
non-financial institutions
total factor productivity.
topic Data Envelopment Analysis (DEA)
finance and trade
financial institutions
non-financial institutions
total factor productivity.
análisis envolvente de datos
finanzas y comercio
instituciones financieras
instituciones no financieras
productividad total de los factores
dc.subject.es-ES.fl_str_mv análisis envolvente de datos
finanzas y comercio
instituciones financieras
instituciones no financieras
productividad total de los factores
description The objective of this research is to compare the companies of the real sector of the economy and the entities of the Colombian financial sector for the year 2014, in terms of relative efficiency, through the application of the Data Envelopment Analysis (DEA) methodology. For a country like Colombia, belonging to the emerging economies, it is important to conduct this study to determine how far these two sectors are efficient or inefficient, given the importance they have in generating development and reducing social inequalities. We take as source of information the Superintendencia de Sociedades and the Superintendencia Financiera. 26,799 companies in the real sector and financial sector entities 254 were analyzed resulting in better indicators for the financial sector and within this, the insurance industry stands. However it is necessary that these two sectors improve their performance to the extent that only 2.6% of studied companies and entities are efficient.
publishDate 2017
dc.date.accessioned.none.fl_str_mv 2024-07-05T18:44:37Z
dc.date.available.none.fl_str_mv 2024-07-05T18:44:37Z
dc.date.none.fl_str_mv 2017-06-20
dc.type.none.fl_str_mv info:eu-repo/semantics/article
dc.type.en-US.fl_str_mv Peer reviewed Article
dc.type.coar.fl_str_mv http://purl.org/coar/resource_type/c_2df8fbb1
dc.type.coarversion.fl_str_mv http://purl.org/coar/version/c_970fb48d4fbd8a85
dc.type.coar.spa.fl_str_mv http://purl.org/coar/resource_type/c_6526
dc.type.version.spa.fl_str_mv info:eu-repo/semantics/publishedVersion
dc.type.coarversion.spa.fl_str_mv http://purl.org/coar/version/c_970fb48d4fbd8a110
format http://purl.org/coar/resource_type/c_6526
status_str publishedVersion
dc.identifier.none.fl_str_mv https://revistas.uptc.edu.co/index.php/cenes/article/view/5258
10.19053/01203053.v36.n64.2017.5258
dc.identifier.uri.none.fl_str_mv https://repositorio.uptc.edu.co/handle/001/11955
url https://revistas.uptc.edu.co/index.php/cenes/article/view/5258
https://repositorio.uptc.edu.co/handle/001/11955
identifier_str_mv 10.19053/01203053.v36.n64.2017.5258
dc.language.none.fl_str_mv spa
dc.language.iso.spa.fl_str_mv spa
language spa
dc.relation.none.fl_str_mv https://revistas.uptc.edu.co/index.php/cenes/article/view/5258/5474
https://revistas.uptc.edu.co/index.php/cenes/article/view/5258/5666
dc.rights.en-US.fl_str_mv Copyright (c) 2017 Gloria Isabel Rodriguez Lozano, Michael Hernando Sarmiento Muñoz
http://creativecommons.org/licenses/by-nc-sa/4.0
dc.rights.coar.fl_str_mv http://purl.org/coar/access_right/c_abf2
dc.rights.coar.spa.fl_str_mv http://purl.org/coar/access_right/c_abf27
rights_invalid_str_mv Copyright (c) 2017 Gloria Isabel Rodriguez Lozano, Michael Hernando Sarmiento Muñoz
http://creativecommons.org/licenses/by-nc-sa/4.0
http://purl.org/coar/access_right/c_abf27
http://purl.org/coar/access_right/c_abf2
dc.format.none.fl_str_mv text/html
application/pdf
dc.publisher.en-US.fl_str_mv Universidad Pedagógica y Tecnológica de Colombia
dc.source.en-US.fl_str_mv Apuntes del Cenes; Vol. 36 No. 64 (2017); 111-138
dc.source.es-ES.fl_str_mv Apuntes del Cenes; Vol. 36 Núm. 64 (2017); 111-138
dc.source.none.fl_str_mv 2256-5779
0120-3053
institution Universidad Pedagógica y Tecnológica de Colombia
repository.name.fl_str_mv Repositorio Institucional UPTC
repository.mail.fl_str_mv repositorio.uptc@uptc.edu.co
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