Could the Colombian economy grow faster? How it would be possible?
| dc.contributor.affiliation | Universidad EAFIT | spa |
| dc.contributor.author | Posada Posada, Carlos Esteban | |
| dc.coverage.spatial | Medellín de: Lat: 06 15 00 N degrees minutes Lat: 6.2500 decimal degrees Long: 075 36 00 W degrees minutes Long: -75.6000 decimal degrees | eng |
| dc.date.accessioned | 2021-10-21T22:14:48Z | |
| dc.date.available | 2021-10-21T22:14:48Z | |
| dc.date.issued | 2021-10-17 | |
| dc.description.abstract | This paper presents an economic growth model based on the positive externalities generated by the accumulations of physical and human capital. Such externalities imply, at the macroeconomic level, increasing returns to scale. The model helps to better understand the Colombian economic growth process from 2005-2019, and make conditional forecasts. One of the big obstacles in Colombia to have higher growth rates of the per capita product in the long term is everything that is slowing down a higher human capital growth rate and a greater creation of externalities derived from human capital, that is, everything that is hindering improvements in coverage and quality of the educational process. | eng |
| dc.identifier.jel | O11 | |
| dc.identifier.jel | O33 | |
| dc.identifier.jel | O41 | |
| dc.identifier.jel | O47 | |
| dc.identifier.jel | O54 | |
| dc.identifier.uri | http://hdl.handle.net/10784/30456 | |
| dc.language.iso | eng | eng |
| dc.publisher | Universidad EAFIT | spa |
| dc.publisher.department | Escuela de Economía y Finanzas | spa |
| dc.rights.accessrights | info:eu-repo/semantics/openAccess | eng |
| dc.rights.local | Acceso abierto | spa |
| dc.subject.keyword | Economic growth | spa |
| dc.subject.keyword | externalities | spa |
| dc.subject.keyword | increasing returns to scale | spa |
| dc.subject.keyword | human capital | spa |
| dc.subject.keyword | production function | spa |
| dc.subject.keyword | growth accounting | spa |
| dc.title | Could the Colombian economy grow faster? How it would be possible? | eng |
| dc.type | workingPaper | eng |
| dc.type | info:eu-repo/semantics/workingPaper | eng |
| dc.type.hasVersion | draft | eng |
| dc.type.local | Documento de trabajo de investigación | spa |
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