Determinantes de la inversión industrial en Colombia. 1960-1985

Flora Elena Bustamante Álvarez

Lecturas de Economía, 1989, issue 30, 53-89

Abstract: The explanatory factors which have been considered when trying to account for changes in industrial investment in Colombia, have been mainly the effective demand and the availability of foreign currency. This paper describes the evolution of such investment during the period 1960-1985 considering how it was influenced by investment in the past, gross industrial profits, the real interest rate, and the real exchange rate. According to the econometric estimates performed in this paper, one can conclude that during the period 1960 -1985 industrial investment in Colombia was mainly determined by 5 variables: industrial product of the previous year, industrial investment of the previous year, real exchange rate, real interest rates and gross profits.

Keywords: Inversión industrial; Colombia (search for similar items in EconPapers)
Date: 1989
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/556 (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:1989:i:30:p:53-89

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 ().