Regional Economic Growth in Colombia: the role of Fiscal corruption and the Armed conflict

Regional Economic Growth in Colombia: the role of Fiscal corruption and the Armed conflict

This research explores the impact of armed violence and corruption on the economic growth of Colombia’s departments from 1991 to 2017. Using models of spatial panels, statics and dynamics, we detect positive space-time indirect effects on departmental growth, including evidence of beta-convergence. S...

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Bibliographic Details
Published in:Investigaciones regionales
Main Authors: Herrera-Gómez, Marcos, Ruano, Sadit, Salvador, Manuel
Format: Journal Article
Language:English
Published: 04-11-2024
Online Access:Get full text
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Summary:This research explores the impact of armed violence and corruption on the economic growth of Colombia’s departments from 1991 to 2017. Using models of spatial panels, statics and dynamics, we detect positive space-time indirect effects on departmental growth, including evidence of beta-convergence. Specifically, fiscal corruption exhibited a significant negative impact on short-term economic growth. Moreover, corruption primarily affected growth at the local level, with limited spillover effects observed from neighboring regions. Interestingly, our analysis did not yield statistically significant evidence regarding the impact of armed violence on economic growth.
ISSN:1695-7253
2340-2717
DOI:10.38191/iirr-jorr.24.058