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

Inácio Araújo, Alexandre L. Gomes (), Diana Ricciulli () and Eduardo Haddad
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Alexandre L. Gomes: Federal University of São Carlos
Diana Ricciulli: Central Bank of Colombia

Chapter Chapter 8 in The Colombian Economy and Its Regional Structural Challenges, 2023, pp 205-237 from Springer

Abstract: 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.

Date: 2023
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Persistent link: https://EconPapers.repec.org/RePEc:spr:adspcp:978-3-031-22653-3_8

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DOI: 10.1007/978-3-031-22653-3_8

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