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Economic Base and Regional Specialization in Colombia: A Note on Input–Output Linkages

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The Colombian Economy and Its Regional Structural Challenges

Part of the book series: Advances in Spatial Science ((ADVSPATIAL))

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Abstract

This chapter aims to bring insights into the design of Colombia’s regional development policies based on regional specialization strategies and focuses on the discussion of input-output linkages. It combines economic base theory and the concept of Miyazawa multipliers, the latter allowing the formulation of interregional income multipliers and alternative procedures for decomposing an economic system to reveal the specific contributions of output change to different regions. The issues addressed in the chapter consider the extent of the economic base (EB) backward and forward linkages. The chapter also looks at the relationship between EB and local labor markets in different departments and the implications for regional competitiveness. At the end of the chapter, a typology of departments based on their output and employment linkages emerges.

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Notes

  1. 1.

    Tiebout (1956, p. 164), in a comment about the role of the export base in regional development made by North (1955), highlights that “as an explanatory factor in regional growth, the idea of the export base should not subsume the key role of residentiary activities (…). Since a region must optimize the use of factors as between exports and residentiary outputs, a decline in export activity may even be accompanied by rising regional income”.

  2. 2.

    See Chap. 5 of this book.

  3. 3.

    This section is based on Fritz et al. (1998), following their mathematical notation most of the time.

  4. 4.

    Additionally, to examine the relationship between long-run growth volatility and the economic-base output multiplier and Miyazawa multipliers, we estimate a set of models using the coefficient of variation of the annual GRP growth rate in 2005–2020 as the dependent variable.

  5. 5.

    Chapter 16 of this book assesses the impact of interregional transfers in the Colombian economy.

  6. 6.

    Chapter 9 of this book deepens the discussion on the characteristics of the Colombian interregional system through intersectoral and interregional linkages.

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Author information

Authors and Affiliations

  1. University of São Paulo, São Paulo, Brazil

    Inácio F. Araújo & Eduardo A. Haddad

  2. Federal University of São Carlos, São Carlos, Brazil

    Alexandre L. Gomes

  3. Center for Regional Economic Studies, Central Bank of Colombia, Cartagena, Colombia

    Diana Ricciulli

Authors
  1. Inácio F. Araújo
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  2. Alexandre L. Gomes
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  3. Diana Ricciulli
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  4. Eduardo A. Haddad
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Corresponding author

Correspondence to Inácio F. Araújo .

Editor information

Editors and Affiliations

  1. Department of Economics, Universidade de São Paulo, São Paulo, Brazil

    Eduardo A. Haddad

  2. Centro de Estudios Económicos Regionales (CEER), Banco de la República, Cartagena, Colombia

    Jaime Bonet

  3. Regional Economics and Applications Laboratory, University of Illinois Urbana-Champaign, Urbana, IL, USA

    Geoffrey J. D. Hewings

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Araújo, I.F., Gomes, A.L., Ricciulli, D., Haddad, E.A. (2023). Economic Base and Regional Specialization in Colombia: A Note on Input–Output Linkages. In: Haddad, E.A., Bonet, J., Hewings, G.J.D. (eds) The Colombian Economy and Its Regional Structural Challenges. Advances in Spatial Science. Springer, Cham. https://doi.org/10.1007/978-3-031-22653-3_8

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