Comercio exterior colombiano y su financiación con la banca local: un análisis a nivel de firma

Restrepo-Ángel, Sergio; Niño-Cuervo, Jorge; Montes-Uribe, Enrique

doi:10.32468/be.722

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Credit Restrictions Informality and The Extractive Sector In Colombia1

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2021

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“…Additional institutional problems include the internal armed conflict, drug trafficking and corruption, which have contributed to high risk finance and lack of entrepreneurial development. This feature has been captured by the growth accounting exercises of Yepes and Restrepo-Tobon (2016), Restrepo et al. (2014), Eslava et al.…”

Section: Credit Restrictions Informality and The Extractive Sector In Colombiamentioning

confidence: 99%

Credit constraints and structure: a theoretical model of extractivism and slow-growth dynamics

Gómez‐Ramírez

Garza

2021

Brazil. J. Polit. Econ.

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We develop a theoretical model that explains the relationship between credit constraints and economic growth in the context of a three-sector economy, including an “extractive” sector. The model belongs in the structuralist tradition and it is inspired by the Colombian economy. In contrast to neoclassic development economics models, we prove that: 1) relaxing the credit crunch would foster formal sector growth but it may nevertheless not imply formal employment growth; and 2) the economy can converge to a pattern where the extractive sector increases while the formal one shrinks.

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Section: Credit Restrictions Informality and The Extractive Sector In Colombiamentioning

confidence: 99%

Credit constraints and structure: a theoretical model of extractivism and slow-growth dynamics

Gómez‐Ramírez

Garza

2021

Brazil. J. Polit. Econ.

View full text Add to dashboard Cite

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Determinantes del acceso al crédito: Evidencia a nivel de la firma en Bolivia

Peñaloza

2016

Perf. de Coyunt. Econ

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Comercio exterior colombiano y su financiación con la banca local: un análisis a nivel de firma

Cited by 2 publications

References 4 publications

Credit constraints and structure: a theoretical model of extractivism and slow-growth dynamics

Credit constraints and structure: a theoretical model of extractivism and slow-growth dynamics

Determinantes del acceso al crédito: Evidencia a nivel de la firma en Bolivia

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