The Interplay of Services Productivity and the Competitiveness of Colombian Exports
Inácio Araújo,
Eduardo Haddad,
Maria Aparecida S. Oliveira () and
Diana Ricciulli ()
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Maria Aparecida S. Oliveira: Federal University of São Carlos
Diana Ricciulli: Banco de la República
Chapter Chapter 15 in The Colombian Economy and Its Regional Structural Challenges, 2023, pp 401-423 from Springer
Abstract:
Abstract This chapter focuses on services value-added in exports in Colombia, a country that reveals a historical dependence on natural resource-intensive exports. The analysis is placed in the context of the collapse of the boom or “super-cycle” of commodity prices that has generated significant macroeconomic challenges in recent years. The authors initially apply interregional input–output analysis to measure value-added services in Colombia’s exports. The main results show that the internal geography of services value-added in exports vis-à-vis the location patterns of natural resources in Colombia may add another tension to current trade negotiations. The chapter adds another layer of analytical material by simulating TFP changes in Knowledge-Intensive Business Services (KIBS) and assessing their wider impacts.
Date: 2023
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Persistent link: https://EconPapers.repec.org/RePEc:spr:adspcp:978-3-031-22653-3_15
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DOI: 10.1007/978-3-031-22653-3_15
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