Construcción de vivienda, corrección monetaria y desarrollo nacional: Comentarios sobre el impacto del UPAC

James Anthony S. Ternent

Lecturas de Economía, 1988, issue 25-26, 81-140

Abstract: House construction is not a leading sector as shown by its low income and price elasticities and its limited ties with other sectors. This is particulary true for low cost housing. The sectors employment, an important tool when applying anti-cyclical policies, is, nevertheless, unstable and badly paid. An expansion on construction, apparently responds moderately to real credit growth and seems not to have limited the flow of resources to other sectors. Housing, in Colombia, has had a high priority in the last years and credit, used as a policy instrument, has allowed the transformation of a latent demand into current demand. Now then, in the country the housing and savings corporations have discarded the financing of popular housing, which should be provided by leaks in existing units. That is, substantially changing even eliminating the existing indexation system would not be easy considering the different interests involved.

Keywords: Construcción de vivienda; corrección monetaria; desarrollo nacional (search for similar items in EconPapers)
Date: 1988
References: View references in EconPapers View complete reference list from CitEc
Citations:

Downloads: (external link)
https://revistas.udea.edu.co/index.php/lecturasdeeconomia/issue/view/801 (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:lde:journl:y:1988:i:25-26:p:81-140

Ordering information: This journal article can be ordered from
Lecturas de Economía, Departamento de Economía, Calle 67, 53-108, Medellin 050010, Colombia.

Access Statistics for this article

Lecturas de Economía is currently edited by Carlos Andrés Vasco Correa

More articles in Lecturas de Economía from Universidad de Antioquia, Departamento de Economía Contact information at EDIRC.
Bibliographic data for series maintained by Carlos Andrés Vasco Correa ().